This blog is an effort to sift through the noise. Please note that a number of resources are used to create these theses and due to an overriding desire to think rather than edit I will not be citing every little source.
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Wednesday, March 21, 2012
Latest Howard Marks Memo - Deja Vu All Over Again
Howard Marks of Oaktree Capital Management is out with his latest memo - Deja Vu All Over Again. He talks about the inevitability of cylces. Overall its pretty enjoyable - similar to his usual.