What Really Matters?

By Howard Marks

There are few figures in our industry that I consider “can’t miss” contributors in terms of financial commentary. Howard Marks of Oaktree is one of them. His vast knowledge of the economy, public markets, private markets, etc., is tremendous. Unlike most authors, he doesn’t seek to impress people with complexities and big words. Instead, like most brilliant authors, he takes complicated topics and untangles them into understandable terms. Beyond his style of communication, I also happen to think that his philosophy and approach to investing is quite brilliant. His firm and career track record would seem to support these sentiments. Attached are both a written version as well as an audio recording from Howard. It’s a bit of a longer read which is why we included both formats. I hope you enjoy this week’s edition.

Listen Here: Behind the Memo: What Really Matters?

Read Here: What Really Matters

Tyler Hay
Chief Executive Officer

DISCLOSURE: This material has been prepared or is distributed solely for informational purposes only and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Any opinions, recommendations, and assumptions included in this presentation are based upon current market conditions, reflect our judgment as of the date of this presentation, and are subject to change. Past performance is no guarantee of future results. All investments involve risk including the loss of principal. All material presented is compiled from sources believed to be reliable, but accuracy cannot be guaranteed and Evergreen makes no representation as to its accuracy or completeness. Securities highlighted or discussed in this communication are mentioned for illustrative purposes only and are not a recommendation for these securities. Evergreen actively manages client portfolios and securities discussed in this communication may or may not be held in such portfolios at any given time.