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Biography
Howard Marks, CFA, is chairman at Oaktree Capital, an investment firm in Los Angeles, and author of “The Most Important Thing,” a book on his investment philosophy published in 2011.
Author's Posts
Speculation versus investment. It’s all a matter of semantics.
Editor’s Note: This is the first of several responses to the question “what is the difference between investment and speculation?” If you are compelled, we invite you to comment below, tweet us @cfainvestored,… READ MORE ›