Why `Buy and Hold' Doesn't Work Anymore: Marks

Feb. 19 (Bloomberg) -- Howard Marks, Chairman & co-founder at Oaktree Capital Management, explains why the "buy and hold" investing strategy no longer works and where he is focused for investments. He speaks on Bloomberg Television's "Market Makers."
FOMC Minutes Show Officials Delayed Rate Hike Over Risks
34:14 - Federal Reserve officials put off an interest-rate increase in September because of growing risks to their outlook for economic growth and inflation, mainly from China, even as they continued to say they were on track to raise the target later this year. Bloomberg's Mike McKee reports on "Bloomberg Markets." (Source: Bloomberg)
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