27 Jun 2022 Oaktree’s Howard Marks on an aggressive hunt for bargains ( Portfolio )

The time is right to snap up “bargains” in the financial markets following the widespread sell-off, according to Howard Marks, one of the world’s most formidable distressed debt investors.

"I think the idea of waiting for the bottom is a terrible idea." he said. Assets
could get cheaper than current valuations "in which case we’ll buy more".