Time to play defence, says Howard Marks
Septuagenarian guru says investors should worry more about losing money than not missing out
Annabeth Leow
Singapore
CELEBRITY investor Howard Marks has advised punters to be "more defensive than usual" in their picks, as the global bull run tapers off.
"We should worry more about losing money than about not missing out," the septuagenarian bargain hunter and co-chairman of Oaktree Capital Management said on Monday.
TRENDING NOW
GameStop CEO says eBay shut his account after buyout funding stunt
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Amazon cuts Singapore workforce as it phases out local fulfilment including Amazon Fresh
Dim sum chain Tim Ho Wan ramps up North America, Hong Kong expansion after Jollibee acquisition