
Mastering the Market Cycle
Getting the Odds on Your Side
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Buy Now for $25.00
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Narrated by:
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LJ Ganser
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Howard Marks
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Written by:
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Howard Marks
About this listen
The legendary investor shows how to identify and master the cycles that govern the markets.
We all know markets rise and fall, but when should you pull out, and when should you stay in? The answer is never black or white, but is best reached through a keen understanding of the reasons behind the rhythm of cycles. Confidence about where we are in a cycle comes when you learn the patterns of ups and downs that influence not just economics, markets and companies, but also human psychology and the investing behaviors that result.
If you study past cycles, understand their origins and remain alert for the next one, you will become keenly attuned to the investment environment as it changes. You’ll be aware and prepared while others get blindsided by unexpected events or fall victim to emotions like fear and greed.
By following Marks’s insights - drawn in part from his iconic memos over the years to Oaktree’s clients - you can master these recurring patterns to have the opportunity to improve your results.
Cover design by Mark R. Robinson.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2018 Howard Marks (P)2018 Audible, Inc.You may also enjoy...
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I read this book in 2019
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Repetitive but it helps to get deeply familiar
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Solid ideas and flow between them
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Amazing description of Market Cycles
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Another Great Book From Howard Marks
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This book is easily worth $1000s.
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Valuable information
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great intro for beginners
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Good review on market cycles...
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Marks continuously repeats, with varying examples, market cycles.
A section on intro to economics - Marks does an OK job explaining, but I recommend reading How an Economy Rises and Why it falls by Schiff to better understand economics.
Mark covers the 2007 US recession caused by mortgage backed securities in detail. He has been through many, many market cycles and is able to provide solid examples and feedback.
Being a millennial who (unfortunately?) participated in the cryptocurrency craze, this book offers good grounding in investing.
If you're just beginning in the investing world - it's def a decent read.
Overall good.
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