Comparing 48 vs 54 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: Global Macro, Risk Parity, Systematic Trading, Diversification
Raymond Thomas Dalio (born August 8, 1949) is an American billionaire investor and hedge fund manager. He founded Bridgewater Associates in 1975, which became the world's largest hedge fund with over ...
Both Howard Marks and Ray Dalio share principles on these topics.
| Topic | Howard Marks | Ray Dalio |
|---|---|---|
| Investment Philosophy | 3 principles | 3 principles |
| Margin of Safety | 3 principles | 3 principles |
| Selling & Review | 3 principles | 3 principles |
| Business Judgment | 3 principles | 3 principles |
| Life Wisdom | 3 principles | 6 principles |
| Thinking Methods | 3 principles | 6 principles |
| Market Psychology | 3 principles | 3 principles |
| Risk Management | 3 principles | 3 principles |
| Business Quality | 3 principles | 3 principles |
| Mental Models | 3 principles | 3 principles |
| Stock Picking | 3 principles | 3 principles |
| Investment Psychology | 3 principles | 3 principles |
| Value Assessment | 3 principles | 3 principles |
| Long-Term Investing | 3 principles | 3 principles |
| Buying Principles | 3 principles | 3 principles |
| Circle of Competence | 3 principles | 3 principles |
Howard Marks has 48 investment principles and Ray Dalio has 54. They share insights on 16 common topics, yet each brings unique perspectives and methodologies that complement each other.
Howard Marks and Ray Dalio 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 Ray Dalio with 54 principles cover complementary aspects of investing. Studying both provides a more complete investment framework.