Howard Marks Says AI Is ‘Very Real,’ Warns Against All-In Bets As Bubble Question Persists
Oaktree Capital chief calls AI advancement “unlike anything we’ve seen before,” flags job displacement fears while urging moderate, selective investing approach Howard Marks, co-founder and co-chairman of Oaktree Capital Management, has released his latest client memo titled “AI Hurtles Ahead,” a follow-up to his December 2025 piece “Is It a Bubble?” — and the tone … Read more