Some investors and analysts are questioning whether CEO François-Henri Pinault is the right man to overhaul Gucci’s parent Kering at this critical juncture.
Oaktree Capital Management co-Chairman and co-Founder Howard Marks talks how he expects interest rates to stay relatively high for the foreseeable future, why he wants the Federal Reserve get to a more neutral position and the true value of credit instruments. This episode of "Bloomberg Wealth with David Rubenstein" was recorded September 5th in New York. (Source: Bloomberg)
Howard Marks: 'Don't Underestimate the Psychological Factor' of Investing
Howard Marks: You Can Get Equity Type Returns on Credit Instruments