| by SAFAL NIVESHAK
What do you call an investor who earned 16% per annum on average over a 47 year period – that’s a 1,070-bagger – and is not called Warren Buffett?
What if I told you that this investor…
- Did not care about corporate earnings
- Rarely spoke to managements and analysts
- Did not watch the stock market during the day
- Never owned a computer, and
- Did not even go to college
One of the few investors Warren Buffett respects a lot is Howard Marks. Marks is the CEO of Oaktree Capital and is one of the most famous investors who manages to keep a low profile, despite managing almost US$ 90 billion.