Howard Marks, Oaktree Capital Management

Where He Works:

Oaktree Capital Management

What He Does There:

Chairman, Principal, and Co-Founder

Why He Matters And What He's Saying Now:

Here's what Warren Buffett has to say about Howard Marks: "When I see memos from Howard Marks in my mail, they're the first thing I open and read. I always learn something." Marks founded and chairs Oaktree Capital Management, which boasts $77 billion in assets under management, and has a long track record of outperformance. Before Oaktree, Marks was the chief investment officer at TCW. In a recent presentation, titled "Investing in Uncertain Times," Marks made the case that investors should move forward with caution on signs that the economy is recovering, but at a sluggish pace.