OCSL - Oaktree Capital Is My 'There Is No Alternative' Stock
Oaktree Capital Group (OAK) was founded in 1995 by some of the brightest investors of that time. One of the co-founders, Howard Marks, is very well known for his 'memos' he sends out about the market. Bruce Karsh, Oaktree's CIO, has delivered exceptional returns for the clients over the years.
If there's one mantra in the Oaktree offices it's prudence. The investment philosophy is of that kind, that it will act extremely prudently and only when the margin of safety is high enough for its liking.
What does this mean?
Don't buy Oaktree