Comparing 48 vs 48 investment principles across 16 common topics
Use this page to compare Howard Marks and Jeremy Grantham by decision process, not by performance claims. Start with each investor’s style summary, then scan the 16 shared topics to see where their principles overlap. If you are new, begin with the common topics; if you have a specific problem, jump to the topic table and open the related rule pages. Next, use the unique-topic lists to choose a framework that fits your current question (risk control, valuation discipline, thesis review, or behavior). Open 2–3 linked principle pages and write one “what would change my mind?” trigger in your journal. Educational only.
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...
Investment Style: Value Investing, Contrarian, Asset Allocation, ESG Focus
Jeremy Grantham (born October 6, 1938) is a British investor and co-founder of GMO (Grantham, Mayo, & van Otterloo), a Boston-based asset management firm managing over $60 billion in assets. He is ren...
Both Howard Marks and Jeremy Grantham share principles on these topics.
| Topic | Howard Marks | Jeremy Grantham |
|---|---|---|
| Market Psychology | 3 principles | 3 principles |
| Risk Management | 3 principles | 3 principles |
| Investment Psychology | 3 principles | 3 principles |
| Value Assessment | 3 principles | 3 principles |
| Business Quality | 3 principles | 3 principles |
| Investment Philosophy | 3 principles | 3 principles |
| Margin of Safety | 3 principles | 3 principles |
| Thinking Methods | 3 principles | 3 principles |
| Circle of Competence | 3 principles | 3 principles |
| Selling & Review | 3 principles | 3 principles |
| Business Judgment | 3 principles | 3 principles |
| Stock Picking | 3 principles | 3 principles |
| Mental Models | 3 principles | 3 principles |
| Buying Principles | 3 principles | 3 principles |
| Long-Term Investing | 3 principles | 3 principles |
| Life Wisdom | 3 principles | 3 principles |
Howard Marks has 48 investment principles and Jeremy Grantham has 48. They share insights on 16 common topics, yet each brings unique perspectives and methodologies that complement each other.
Howard Marks and Jeremy Grantham 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. Howard Marks with 48 principles and Jeremy Grantham with 48 principles cover complementary aspects of investing. Studying both provides a more complete investment framework.