Mastering the market cycle : getting the odds on your side /
Howard Marks
- Boston, Massachusetts : HarperCollins Publishers, c2018
- viii, 331 pages : illustrations ; 23 cm.
We all know markets rise and fall, but when should you pull out, and when should you stay in? The answer is never black and 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.