Howard Marks, co-founder of Oaktree Capital Group, at the Qatar Economic Forum (QEF) in Doha, Qatar, on Wednesday, May 21, 2025.Veteran investor Howard Marks has warned that cracks unearthed in the credit market demonstrate investor "complacency" and "carelessness" — but stopped short of calling the turmoil a broader systemic problem.In his latest memo to clients, the co-founder and co-chairman of Oaktree Capital Management discussed the high-profile bankruptcies of U.S. car parts supplier First Brands and ...