Oaktree's Howard Marks Says Investors Should Build Long-Term Portfolios

What happened

Howard Marks, co-chair of Oaktree Capital Management, said investors should build portfolios of assets that can perform over the long term. He spoke exclusively on “The China Show,” according to Bloomberg.

Confirmed

Global impact / market context

A long-term portfolio approach puts more weight on whether assets can keep performing over time than on short-lived moves. For investors, that can mean holding assets through periods of volatility, while companies with steadier long-run prospects may be better placed to attract patient capital.

Analyst inference

The article gives no specific assets, sectors, investment returns, or near-term market outlook. Marks’s advice is broad rather than a stated portfolio change, so it does not establish which industries could gain or lose, or whether investors are changing their positions.

Analyst inference

What to watch

1. Look for any further explanation from Marks about what he means by assets that can perform over the long term; the article does not specify them. Analyst inference
2. Watch whether Marks names particular asset types or industries in later comments, which could clarify where his long-term portfolio advice might apply. Analyst inference
3. Any evidence that investors are shifting holdings toward longer-term assets could indicate the advice is influencing positioning, but none is reported here. Analyst inference

Evidence

• binance.com