Resultado narrado por "Howard Marks" em Todas as categorias

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.

During the mid-1980s, Howard Marks had 43 aliases, 89 phone lines, and owned 25 companies throughout the world. Whether bars, recording studios, or offshore banks, all were money-laundering vehicles serving his core activity: dope dealing.