Biggest Distressed Debt Investor Marks Europe After 22 Years of 19% Return

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Biggest Distressed Debt Investor Marks Europe After 22 Years of 19% Return
Howard Marks was failing miserably. It was 1977, and the research group he oversaw at Citibank had recommended Nifty 50 stocks that lost 90 percent of their value over the previous decade.

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