Howard Marks, the co-founder, and co-chairman of Oaktree Capital Management advises investors to be defensive in the markets as they face significant uncertainties and risks, while finding a balance between offense and defense. Defensive strategies include moving to cash, taking a more defensive asset allocation, or implementing more defensive tactics.
The investment strategies in private equity differ significantly from tech investing. While big players are favored in private equity investment, tech investors aim to fund emerging managers and predict fund renewal dates in a systematic way to handle a surge in capital flow.
Retirees should focus on securing cash flow through investments in bonds, high quality dividend paying companies, and safe real estate. For more speculative investments, consider raw land, cryptocurrency, gold, and speculative stocks.
The discussion revolves around their investment strategies, the time they took to make a million dollars and their big win. The importance of sharing investment strategies and assets is emphasized.
