TY - BOOK AU - Marks, Howard TI - Mastering the market cycle SN - 9781328479259 PY - 2018/// CY - PB - Mariner Books, an imprint of Houghton Mifflin Harcourt KW - Investments KW - Business cycles KW - Finance, Public KW - Asset-liability management KW - Risk-taking (Psychology) KW - BUSINESS & ECONOMICS KW - Personal Finance Investing KW - BUSINESS / Investments Securities Analysis Trading Strategies KW - Finance N1 - getting the odds on your side; Why study cycles?; The nature of cycles--; The regularity of cycles--; The economic cycle--; Government investment with the economic cycle--; The cycle in profits--; The pendulum of investor psychology--; The cycle in attitudes toward risk--; The credit cycle--; The distressed debt cycle--; The real estate cycle--; Putting it all together: the market cycle--; How to cope with market cycles--; Cycle positioning--; Limits on coping--; The cycle in success--; The future of cycles--; The essence of cycles.-- N2 - Economies, companies, and markets operate according to patterns or cycles. These cycles arise from naturally occurring phenomena in everyday business, and to a large extent from the simple ups and downs of human psychology and behavior. When should you pull out of the market? When should you stay in? These fundamental psychological influences -- including greed and fear -- can and do profoundly affect investors. If you carefully study past cycles, understand their origins and import, and remain alert for the next up or down cycle, you won't have to reinvent the wheel in order to understand every investment environment. And you're less likely to be blind-sided by unexpected events. Howard Marks, cofounder of Oaktree Capital Management, provides insights to help you master these recurring patterns for your own ER -