Seeking Alpha

Oaktree Capital (OAK +3.3%) gains after Howard Marks attempts to set things straight at his...

Oaktree Capital (OAK +3.3%) gains after Howard Marks attempts to set things straight at his Goldman conference presentation. Carry has little value? The reality, says Marks, is Oaktree has $1.3B in accrued net carry, about $8.50/share. Worth a read and a listen.
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