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Warren Buffett Indicator Tops 205% Amid Skyrocketing S&P 500 Valuations As Billionaire Who Predicted Dot-Com Crash 25 Years Ago Warns Of Brewing Trouble
Tuesday, February 11, 2025 - 9:28am | 865A confluence of warning signs is pointing toward a possible stock market bubble. The Warren Buffett Indicator has soared to 205%, the S&P 500’s forward price-to-earnings ratio is over 22, and veteran investor Howard Marks, who foresaw the dot-com crash, is cautioning about high valuations...
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Why B. Riley Stock Is Climbing Today
Monday, October 14, 2024 - 10:45am | 626B. Riley Financial, Inc. (NASDAQ:RILY) shares are trading higher Monday after the company announced it has agreed to sell its appraisal and valuations unit, Great American, to Oaktree Capital Management in a deal valued at approximately $386 million. The Details: B. Riley will complete a pre-...
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Billionaire Credit Investor Unveils Warren Buffett's Strategy As Part Of Why He Takes Risks (UPDATED)
Friday, April 19, 2024 - 4:36pm | 498Editor’s Note: This article has been updated with additional details. Howard Marks, co-chairman of Oaktree Capital Management, frequently employs analogies to demystify complex investment strategies, believing that “Oftentimes, we're best able to understand something we're interested in...
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Forget Bitcoin And Gold, Says Investment Guru Howard Marks — High-Yield Bonds Offer Better Haven In Post-Easy Money Era
Friday, January 19, 2024 - 9:29am | 593Howard Marks, the co-founder of Oaktree Capital Management, has expressed his skepticism about the intrinsic value of both Bitcoin (CRYPTO: BTC) and gold. He has also suggested a safer investment option in the current market environment. What Happened: As reported by Bloomberg on Thursday, in a...
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High-Yield Corporate Bonds Are Attractive Amid Low Default Risk In 2023: Oaktree Capital
Friday, April 21, 2023 - 12:02pm | 530High-yield bonds issued by American and European corporations are considered attractive assets since they offer above-average yields at cheap prices, according to Oaktree Capital Management's most recent credit market outlook. The asset management firm specializing in...
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A Hedge Fund That Saw Returns Of Over 20% Is Holding On To These 2 Marine Shipping Stocks With Soaring Yields
Tuesday, November 29, 2022 - 4:45pm | 517Oaktree Capital Management saw a one-year return of roughly 22.8% last year, according to Stock Circle, and has a total portfolio value north of $9 billion. The company was co-founded in 1955 by co-Chairman Howard Marks and as of Sept. 30, 2022, it had more than $163...
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Shoals Technologies Prices Upsized IPO At $1.9 Billion, Oaktree Offloads Stake
Wednesday, January 27, 2021 - 6:47am | 287Shoals Technologies Group, Inc. (NASDAQ: SHLS) has priced 77 million shares for $25 per share in an upsized initial public offering (IPO), as the market continues to remain hot. Shoals upsized its offering from the earlier planned 50 million shares at a price range of...
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NGL Energy Soars As Oaktree Announces $200 Million Investment
Friday, April 22, 2016 - 10:48am | 433Shares of NGL Energy Partners LP (NYSE: NGL) soared higher by more than 35 percent on Friday after the vertically-integrated crude oil logistics company announced several strategic actions, including receipt of a $200 million investment. NGL Energy Partners announced a $200 million private...
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Howard Marks Still Likes Store Capital, Sold Out Of Tata Motors In New 13F
Thursday, August 13, 2015 - 4:50pm | 423Howard Marks’ Oaktree Capital Management disclosed, on Thursday, its long equity positions as of June 30, 2015. Over the second quarter of the year, the firm bought 24 news stocks, added to 59 of its preexisting positions, trimmed another 54, and sold out of 26. Following these...
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Wedbush Comments on JAKKS Pacific Acquisition
Wednesday, September 14, 2011 - 10:01am | 123Wedbush released a research report this morning, in which it reiterates its Outperform rating on JAKKS Pacific (NASDAQ: JAKK) with a price target of $24. Wedbush stated that "after market close Tuesday, Oaktree Capital announced a proposal to acquire JAKKS for $20 per share in cash. Oaktree made...
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TCW’s Message To Employees: Depart And Face Litigation
Friday, January 8, 2010 - 1:54pm | 153According to a report by Bloomberg, TCW Group Inc, Los Angeles based unit of Societe Generale (OTC: SCGLY) has sued its ex investment chief Jeffrey Gundlach and three other ex employees after more than half of TCW’s fixed income professionals joined Gundlach’s new firm. TCW has sought $200 million...