Podknife - TIP562: How to Cope With Market Cycles by We Study Billionaires

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TIP562: How to Cope With Market Cycles

Podcast |: We Study Billionaires - The Investors Podcast
Publisher |: Wondery
Media Type |: audio
Podknife tags |: Books,; Business,; Interview,; Investing,; Management & Marketing
Categories Via RSS |: Business,; Education,; Investing
Publication Date |: Jul 02, 2023
Episode Duration |: 01:02:24

Description
Content Encoded

Clay Finck completes his review of Howard Marks’ book – Mastering the Market Cycle. This is a wonderful book for understanding market cycles and where we are at in the cycle at any given time. Most investors aren’t aware of the cyclicality of markets and are prone to fall victim to greed and fear at the exact wrong times. Superior investors are aware of markets cycles, and position themselves to profit from them. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro. 01:33 - How Howard Marks thinks about the real estate cycle. 13:02 - The three stages of a bull market and bear market. 14:45 - Why cycles will continue indefinitely into the future. 15:30 - How Isaac Newton lost a fortune in the South Sea Bubble in 1720. 21:47 - The telltale sign to look for to almost be certain that you’re in a market bubble. 33:41 - Why ‘silver bullets’ never pan out well for investors. 45:05 - Why Oaktree thinks timing market bottoms is a fool’s errand. 47:13 - Why success can bring the seeds of failure for many investors, companies, and sectors. 58:05 - Howard Marks’s thoughts on where we are at in the market cycle in 2023. 72:55 - How to know when is the appropriate time to position your portfolio aggressively and defensively. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Check out Part 1 of our review of Mastering the Market Cycle, or watch the video here. Howard Marks’ book – Mastering the Market Cycle. Check out our recent episode covering Clay’s review of Howard Marks’ book – The Most Important Thing, or watch the video here. Check out our recent episode covering the 100 to 1 in the Stock Market by Thomas Phelps, or watch the video here. Related episode: Listen to TIP378: Move Forward With Caution w/ Howard Marks or watch the video here. Related episode: Listen to TIP545: The Third Sea Change Has Begun w/ Howard Marks or watch the video here. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Sun Life The Bitcoin Way Range Rover Sound Advisory BAM Capital Fidelity SimpleMining Briggs & Riley Public Shopify Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Clay Finck completes his review of Howard Marks’ book – Mastering the Market Cycle. This is a wonderful book for understanding market cycles and where we are at in the cycle at any given time. Most investors aren’t aware of the cyclicality of markets and are prone to fall victim to greed and fear at the exact wrong times. Superior investors are aware of markets cycles, and position themselves to profit from them.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro.

01:33 - How Howard Marks thinks about the real estate cycle.

13:02 - The three stages of a bull market and bear market.

14:45 - Why cycles will continue indefinitely into the future.

15:30 - How Isaac Newton lost a fortune in the South Sea Bubble in 1720.

21:47 - The telltale sign to look for to almost be certain that you’re in a market bubble.

33:41 - Why ‘silver bullets’ never pan out well for investors.

45:05 - Why Oaktree thinks timing market bottoms is a fool’s errand.

47:13 - Why success can bring the seeds of failure for many investors, companies, and sectors.

58:05 - Howard Marks’s thoughts on where we are at in the market cycle in 2023.

72:55 - How to know when is the appropriate time to position your portfolio aggressively and defensively.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Check out Part 1 of our review of Mastering the Market Cycle, or watch the video here.
Howard Marks’ book – Mastering the Market Cycle.
Check out our recent episode covering Clay’s review of Howard Marks’ book – The Most Important Thing, or watch the video here.
Check out our recent episode covering the 100 to 1 in the Stock Market by Thomas Phelps, or watch the video here.
Related episode: Listen to TIP378: Move Forward With Caution w/ Howard Marks or watch the video here.
Related episode: Listen to TIP545: The Third Sea Change Has Begun w/ Howard Marks or watch the video here.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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