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Mastering the Market Cycle
Book

Mastering the Market Cycle

Getting the Odds on Your Side

Houghton Mifflin Harcourt, 2018 подробнее...


Editorial Rating

8

Qualities

  • Analytical
  • Applicable
  • Insider's Take

Recommendation

Looking to improve your investment returns? Investing legend Howard Marks shows you how to recognize market cycles: the ups and downs that repeat and reverberate throughout history. Deciphering market cycles provides a knowledge advantage. Correctly calibrating your investment actions to cycle movement enables you to be aggressive when the chance for success is high and defensive when it is not – which often puts you at odds with the rest of the investment community. Lean in to the human-driven phenomenon of excess and correction to capitalize on opportunities for exceptional returns.

Take-Aways

  • Correctly calibrating your investment portfolio in response to changes in the market environment can bring superior results.
  • Learn to identify market cycle themes and patterns.
  • Short-term economic activity fluctuates around the long-term trend without changing the trajectory of that trend.

About the Author

Co-founder of Oaktree Capital Management Howard Marks also wrote the bestseller The Most Important Thing.


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