@HowardMarksBook& #39;s latest Memo raises plenty of good questions and makes some strong points on #investing in general and the situation at hand more broadly: https://www.oaktreecapital.com/docs/default-source/memos/knowledge-of-the-future.pdf">https://www.oaktreecapital.com/docs/defa... #GlobalTrends #Macro #Risks #Fed #US A few takeaways...(1/3)