Comparing 48 vs 49 investment principles across 16 common topics
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: Long/Short Equity, Fundamental Analysis, Growth Investing, Global Macro
Julian Hart Robertson Jr. (June 25, 1932 – August 23, 2022) was an American billionaire hedge fund manager. He founded Tiger Management Corp. in 1980, which became one of the largest and most successf...
Both Howard Marks and Julian Robertson share principles on these topics.
| Topic | Howard Marks | Julian Robertson |
|---|---|---|
| Business Judgment | 3 principles | 4 principles |
| Risk Management | 3 principles | 3 principles |
| Circle of Competence | 3 principles | 3 principles |
| Long-Term Investing | 3 principles | 3 principles |
| Business Quality | 3 principles | 3 principles |
| Stock Picking | 3 principles | 3 principles |
| Market Psychology | 3 principles | 3 principles |
| Buying Principles | 3 principles | 3 principles |
| Value Assessment | 3 principles | 3 principles |
| Investment Philosophy | 3 principles | 3 principles |
| Margin of Safety | 3 principles | 3 principles |
| Life Wisdom | 3 principles | 3 principles |
| Thinking Methods | 3 principles | 3 principles |
| Investment Psychology | 3 principles | 3 principles |
| Selling & Review | 3 principles | 3 principles |
| Mental Models | 3 principles | 3 principles |
Howard Marks has 48 investment principles and Julian Robertson has 49. They share insights on 16 common topics, yet each brings unique perspectives and methodologies that complement each other.
Howard Marks and Julian Robertson 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 Julian Robertson with 49 principles cover complementary aspects of investing. Studying both provides a more complete investment framework.