Howard Marks Calls China Market a ‘Buy’ in Oaktree WeChat Debut

Oaktree Capital Management’s co-founder vowed to participate in China’s market in the long run by “always buying,” as the distressed-debt investor launched a WeChat social media account.

“Losing sight of those long-term prospects because of the desire to avoid short-term volatility can result in investors missing out on great opportunities,” Howard Marks said in an interview posted to the platform. “Your entry price matters, and today’s climate should lead to many attractive entry points.”