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.