Howard Marks vs Warren Buffett: Investment Philosophy Compared

Comparing 48 vs 77 investment principles across 16 common topics

Howard Marks

Howard Marks

48 principles

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...

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Warren Buffett

Warren Buffett

77 principles

Investment Style: Value Investing, Long-term Holding, Concentrated Portfolio, Quality Focus

Warren Edward Buffett (born August 30, 1930) is an American businessman, investor, and philanthropist. He is the chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company. ...

Common Investment Topics

Both Howard Marks and Warren Buffett share principles on these topics.

TopicHoward MarksWarren Buffett
Buying Principles3 principles 6 principles
Thinking Methods3 principles 3 principles
Market Psychology3 principles 4 principles
Risk Management3 principles 9 principles
Business Quality3 principles 6 principles
Life Wisdom3 principles 4 principles
Investment Psychology3 principles 6 principles
Circle of Competence3 principles 4 principles
Value Assessment3 principles 6 principles
Long-Term Investing3 principles 10 principles
Mental Models3 principles 3 principles
Investment Philosophy3 principles 3 principles
Margin of Safety3 principles 3 principles
Selling & Review3 principles 3 principles
Business Judgment3 principles 4 principles
Stock Picking3 principles 3 principles

Frequently Asked Questions

What are the key differences between Howard Marks and Warren Buffett as investors?

Howard Marks has 48 investment principles and Warren Buffett has 77. They share insights on 16 common topics, yet each brings unique perspectives and methodologies that complement each other.

What do Howard Marks and Warren Buffett have in common?

Howard Marks and Warren Buffett share principles across 16 investment topics. These common themes represent the most fundamental ideas in investing, approached from different but complementary angles.

Should I follow Howard Marks or Warren Buffett to learn investing?

Both masters offer invaluable wisdom. Howard Marks with 48 principles and Warren Buffett with 77 principles cover complementary aspects of investing. Studying both provides a more complete investment framework.