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Howard Marks: The Structure Of Market Cycles and How To Get The Odds In Your Favour (2019)

A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview Howard discusses the structure of a market cycle and the factors that influence its rise and decline. Howard also talks about where we are in the current market cycle and the history of market cycles. ? Books by Howard Marks and his favourite books are located at the bottom of the description❗

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Video Segments:
0:00 Introduction
0:27 What makes an outstanding investor?
1:21 What is the job of the investor?
3:30 What is a cycle?
6:50 Why do we have cycles?
9:09 Why do trends go to excess?
12:44 Are cycles dependable?
15:26 The role of optimism?
17:11 Risk aversion
20:03 Impact of capital availability
21:22 7 worst words in the world
22:28 Typical market cycle
27:56 Getting the odds on your side
30:45 When are the odds against you?
31:55 When are the odds in your favour?
34:18 Where are we?

Howard Marks Books ??? (affiliate link)
The Most Important Thing:http://bit.ly/MostImportantThingHM
Mastering The Market Cycle: http://bit.ly/MasteringTheMarketCycle

Howard Marks Favourite Books?
Winning the Loser’s Game:http://bit.ly/WinningTheLosersGame
A Short History of Financial Euphoria:http://bit.ly/FinancialEuphoria
Fooled by Randomness:http://bit.ly/FooledByRandomnessHM

Interview Date: 22nd May, 2019
Original Image Source:http://bit.ly/HMarksPic19

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