Understand and take advantage of the fluctuations of markets and come out ahead by learning when and where to invest your money.
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Howard Marks is co-chairman and cofounder of Oaktree Capital Management, a Los Angeles-based investment firm with $100 billion under management. He holds a bachelor's degree in finance from the Wharton School and an MBA in accounting and marketing from the University of Chicago. In the 2015 Forbes rankings, Marks was ranked the #338 richest person in the United States
Oaktree Capital Management is a leading global alternative investment management firm with particular expertise in credit strategies. The firm was formed in 1995 by a group of individuals who had been investing together since the mid-1980s in high yield bonds, convertible securities, distressed debt, real estate and control investments. Today, Oaktree comprises over 900 employees in Los Angeles (headquarters), New York, Stamford, Houston, London, Paris, Frankfurt, Amsterdam*, Dublin*, Luxembourg*, Dubai, Hong Kong, Tokyo, Singapore, Seoul, Beijing, Shanghai and Sydney. It has 31 portfolio managers with average experience of 23 years and over 700 years of combined investment experience. Among Oaktree's global clients are 75 of the 100 largest U.S. pension plans, over 400 corporations around the world, over 350 endowments and foundations globally, 16 sovereign wealth funds and 38 of the 50 primary state retirement plans in the United States.
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Paperback. Zustand: New. A NEW YORK TIMES, WALL STREET JOURNAL, AND USA TODAY BESTSELLER The legendary investor shows how to identify and master the cycles that govern the financial markets. "A MUST-READ" Ray Dalio, bestselling author of Principles and Co-Chief Investment Officer and Co-Chairman, Bridgewater Associates "WHEN I SEE MEMOS FROM HOWARD MARKS IN MY MAIL, THEY'RE THE FIRST THING I OPEN AND READ" Warren Buffett"HOWARD IS A LEGENDARY INVESTOR" Tony RobbinsWe 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.If you study past cycles, understand their origins and remain alert for the next one, you will become keenly attuned to the investment environment as it changes. You'll be aware and prepared while others get blindsided by unexpected events or fall victim to emotions like fear and greed.By following Marks's insights - drawn in part from his iconic memos over the years to Oaktree's clients - you can master these recurring patterns to have the opportunity to improve your investing results. SEE WHAT REVIEWERS ARE SAYING ABOUT MASTERING THE MARKET CYCLE:????? "This book lays the timeless fundamentals for investment success" ????? "A must-read"????? "Excellent book on cycles and psychology". Bestandsnummer des Verkäufers LU-9781473695689
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Paperback. Zustand: new. Paperback. NEW YORK TIMES BESTSELLER"Mastering the Market Cycle is a must-read" Ray Dalio"When I see memos from Howard Marks in my mail, they're the first thing I open and read" Warren Buffett"Howard is a legendary investor" Tony RobbinsEconomies, companies and markets operate in accordance with patterns which are influenced by naturally occurring events combined with human psychology and behaviour. The wisest investors learn to appreciate these rhythms and identify the best opportunities to take actions which will transform their finances for the better. This insightful, practical guide to understanding and responding to cycles - by a world-leading investor - is your key to unlocking a better and more privileged appreciation of how to make the markets work for you and make your money multiply. Understand and take advantage of the fluctuations of markets and come out ahead by learning when and where to invest your money. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Bestandsnummer des Verkäufers 9781473695689
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