Why This Billionaire Loaded Up Former Deadbeat Stock
Howard Marks has built his 50‑year reputation on buying what everyone else is overlooking and waiting patiently for the narrative to swing his way. So when Oaktree Capital’s first‑quarter 2025 filing revealed a brand‑new 18.8 million‑share position in Nokia (2 % of the equity book, at roughly $5 a share) many investors did a double‑take ,telecom hardware is hardly Oaktree’s home turf.
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