Good Times Teach Only Bad Lessons

Published: Jan. 14, 2015, 8:05 p.m.

Howard Marks is a legendary investor who founded Oaktree Capital Management, an investment management company that has delivered an average annual return of 19% over the past 22 years, after fees \u2013 that\u2019s pretty phenomenal. Needless to say, he\u2019s loved ...