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."

OPEC Output Cut May Not Drain Supply
13:23 - Oil is trading at a three-week low on concerns that OPEC is unable to make the kind of progress it needs to come to a consensus and to a tangible agreement from Vienna in late November. Bloomberg analysis shows that even if OPEC cuts, it still might not be enough to drain the surplus. Bloomberg's Wael Mahdi reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)
  • Saudi Bond Sale Spurs More Gulf Borrowing
  • Mistry Warns Tata of $18B in Writedowns
  • Saudi Arabia Could Turn to Islamic Debt Markets