Howard Marks Says Don’t Let Emotions Cloud Judgment on War

Oaktree Capital Management LP co-founder Howard Marks said investors need to avoid letting their emotions run high when making decisions on exposure due to the Middle East conflict.

“The main thing to keep in mind is how much we don’t know,” he told the Australian Financial Review Business Summit in Sydney on Tuesday via a video call. “Nobody knows how long this is going to last, how big it’s going to get or what the outcome is going to be.”