Comparing 48 vs 48 investment principles across 16 common topics
Investment Style: Institutional Investing, Alternative Assets, Diversification, Long-term Orientation
David Frederick Swensen (January 26, 1954 – May 5, 2021) was an American investor and the chief investment officer at Yale University from 1985 until his death. He transformed Yale's endowment from $1...
Investment Style: Value Investing, Distressed Debt, Contrarian, Risk-Focused
Howard Stanley Marks (born April 23, 1946) is an American investor and writer. He is the co-founder and co-chairman of Oaktree Capital Management, one of the world's largest investors in distressed se...
Both David Swensen and Howard Marks share principles on these topics.
| Topic | David Swensen | Howard Marks |
|---|---|---|
| Value Assessment | 3 principles | 3 principles |
| Business Quality | 3 principles | 3 principles |
| Selling & Review | 3 principles | 3 principles |
| Margin of Safety | 3 principles | 3 principles |
| Stock Picking | 3 principles | 3 principles |
| Long-Term Investing | 3 principles | 3 principles |
| Investment Psychology | 3 principles | 3 principles |
| Life Wisdom | 3 principles | 3 principles |
| Circle of Competence | 3 principles | 3 principles |
| Business Judgment | 3 principles | 3 principles |
| Thinking Methods | 3 principles | 3 principles |
| Risk Management | 3 principles | 3 principles |
| Investment Philosophy | 3 principles | 3 principles |
| Market Psychology | 3 principles | 3 principles |
| Buying Principles | 3 principles | 3 principles |
| Mental Models | 3 principles | 3 principles |
David Swensen has 48 investment principles and Howard Marks has 48. They share insights on 16 common topics, yet each brings unique perspectives and methodologies that complement each other.
David Swensen and Howard Marks share principles across 16 investment topics. These common themes represent the most fundamental ideas in investing, approached from different but complementary angles.
Both masters offer invaluable wisdom. David Swensen with 48 principles and Howard Marks with 48 principles cover complementary aspects of investing. Studying both provides a more complete investment framework.