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

|About: Oaktree Capital Group (OAK)|By:, SA News Editor

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.