Howard Marks - Mastering The Market Cycle - Hodder & Stoughton

Time remaining

  • -- days
  • -- hours
  • -- minutes
  • -- seconds
Other Formats
  • E-Book £P.O.R.
    More information
    • ISBN:9781473680388
    • Publication date:04 Oct 2018
  • Downloadable audio file £P.O.R.
    More information
    • ISBN:9781529374391
    • Publication date:25 Oct 2018

Mastering The Market Cycle

Getting the odds on your side

By Howard Marks

  • Hardback
  • £25.00

Understand and take advantage of the fluctuations of markets and come out ahead by learning when and where to invest your money.

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 Robbins

Economies, 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.

Biographical Notes

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.

  • Other details

  • ISBN: 9781473680371
  • Publication date: 04 Oct 2018
  • Page count: 336
  • Imprint: Nicholas Brealey Publishing
Mastering the Market Cycle is a must-read — Ray Dalio, author of 'Principles'
Howard Marks's Mastering the Market Cycle is a must-read, because the cycles covered in this book are important and because Howard is one of the investing greats of his generation. — Ray Dalio, Co-Chief Investment Officer and Co-Chairman, Bridgewater Associates, author of Principles
I always say, 'There's no better teacher than history in determining the future.' Howard's book tells us how to learn from history . . . and thus get a better idea of what the future holds. — Charlie Munger, Vice Chairman, Berkshire Hathaway
While most investment professionals take the standard out - that 'you can't time the market' - in Mastering the Market Cycle Howard Marks, a living investment legend, takes the contrarian point of view that not only can you time markets, but it's imperative that you do so. — Bill Gurley, General Partner, Benchmark
Mastering the Market Cycle reveals how cycles not only coincide with, but also cause, financial market risk and opportunity. Written in plain English, Howard Marks's hard-earned wisdom will help readers tilt the odds in their favor. — Jeffrey Gundlach, Founder, DoubleLine Capital
If you're uncertain as to whether there will be a correction in the market - or if you think there's no reason to worry because 'it's different this time' - you have to read this book before you make a move. — Carl C. Icahn, Chairman, Icahn Enterprises
Nicholas Brealey Publishing

100 Things Millionaires Do

Nigel Cumberland
Authors:
Nigel Cumberland
John Murray Learning

Happy Money

Ken Honda
Authors:
Ken Honda

Look around you - what do you see? You may discover to your surprise that the people who are most at peace with money are the ones who walk nimbly between having too little and having too much. They have found a balance between indulgence and austerity; between success and happiness; between motivation and inspiration; and between any number of other poles we tend to think of as either/or choices, but which in reality are simply posts on either side of a doorway through which we must pass.For many of us the subject of money is unavoidably stressful. Managing our personal finances is complicated, time consuming and often, particularly in the slow countdown to pay day, dispiriting. The good news is that in Japan - where a Zen approach to life is more widely practiced - a pathway to a better relationship with money is being carved, by Ken Honda.This beautifully written book will reinvent the way you see your personal finances. You will come to understand that money flows like water and arrives like a guest. You'll rethink your own attitudes and examine the way they were shaped by beliefs about money you were taught as a child. When we heal the fear and anxiety we have about money, we successfully achieve prosperity and peace. Take the zen path to financial security and happiness.

Hodder & Stoughton

How to Be a Capitalist Without Any Capital

Nathan Latka
Authors:
Nathan Latka

You don't need to be university educated, have money, be creative, or even have an idea to get rich. You just need to be willing to break the rules.How to be a Capitalist Without Any Capital will teach you how to be a modern opportunist - investor, entrepreneur, or side hustler - by breaking these four golden rules of the old guard: 1. Focus on one skill: Wrong. Don't cultivate one great skill to get ahead. In today's business world, success goes to the multitaskers.2. Be unique: Wrong. The way to get rich is not by launching a new idea but by aggressively copying others and then adding your own twist. 3. Focus on one goal: Wrong. Focus instead on creating a system to produce the outcome you want, not just once, but over and over again. 4. Appeal to the masses: Wrong. The masses are broke ($4k average net worth in America?). Let others cut a trail through the jungle so you can peacefully walk in and capitalize on their hard work.By rejecting these defunct rules and following Nathan Latka's unconventional path, you can copy other people's ideas shamelessly, bootstrap a start-up with almost no funding, invest in small local businesses for huge payoffs, and reap all the benefits.

Nicholas Brealey International

Leadership At Scale

Claudio Feser, Michael Rennie, Nicolai Chen Nielsen
Authors:
Claudio Feser, Michael Rennie, Nicolai Chen Nielsen

Leadership effectiveness drives organisational performance, yet almost half of all organisations face some kind of leadership gap that they are not able to fill. In Leadership at Scale, McKinsey experts Claudio Feser, Michael Rennie and Nicolai Nielsen share their secrets on how to increase leadership effectiveness across an organisation. Using extensive research, distilled insights from McKinsey's leadership development work in practice, and lessons from a highly successful leadership development programme, this book will focus on the leadership behaviours that matter most.

Nicholas Brealey Publishing

Ambition Redefined

Kathryn Sollmann
Authors:
Kathryn Sollmann
John Murray Learning

The Crypto Book

Siam Kidd
Authors:
Siam Kidd
John Murray

Farsighted

Steven Johnson
Authors:
Steven Johnson

A groundbreaking book about making once-in-a-lifetime decisions, from the bestselling author of How We Got to Now and Where Good Ideas Come From.Plenty of books offer useful advice on how to get better at making quick-thinking, intuitive choices. But what about more consequential decisions, the ones that affect our lives for years, or centuries, to come? Our most powerful stories revolve around these kinds of decisions: where to live, whom to marry, what to believe, whether to start a company, how to end a war.Full of the beautifully crafted storytelling and novel insights that Steven Johnson's fans know to expect, Farsighted draws lessons from cognitive science, social psychology, military strategy, environmental planning, and great works of literature. Everyone thinks we are living in an age of short attention spans, but we've actually learned a lot about making long-term decisions over the past few decades. Johnson makes a compelling case for a smarter and more deliberative decision-making approach. He argues that we choose better when we break out of the myopia of single-scale thinking and develop methods for considering all the factors involved.There's no one-size-fits-all model for the important decisions that can alter the course of a life, an organization, or a civilization. But Farsighted explains how we can approach these choices more effectively, and how we can appreciate the subtle intelligence of choices that shaped our broader social history.(P)2018 Penguin Random House Audio

Teach Yourself

The Ultimate MBA Book

Alan Finn, Stephen Berry, Eric Davies, Roger Mason
Authors:
Alan Finn, Stephen Berry, Eric Davies, Roger Mason
John Murray Learning

5 Day Weekend

Nik Halik, Garrett B. Gunderson
Authors:
Nik Halik, Garrett B. Gunderson
John Murray

Reinventing Capitalism in the Age of Big Data

Viktor Mayer-Schonberger, Thomas Ramge
Authors:
Viktor Mayer-Schonberger, Thomas Ramge

Markets have long been acknowledged to be a superior mechanism for managing resources but until the advent of big data, they largely functioned better in theory than in practice. Now, as ideal markets are within reach because of vastly greater access to information, we are on the verge of a major disruption. As data becomes a more valuable asset than cash, the rules for surviving and thriving are changing.Reinventing Capitalism is a provocative look at how data is reinventing markets and, in so doing, is ushering in an era where the firm is no longer predominant. With richer and more comprehensive information about human wants and needs, an economy powered by data offers the possibility of increased abundance, equality, and resilience. The data-driven markets that will thrive in this environment are far better than firms at organizing human endeavors, meaning that finance driven capitalism is being displaced by its more efficient, more sustainable, and more democratic disruptor: data capitalism.

John Murray Learning

Money

Rob Moore
Authors:
Rob Moore

Do you want to get to the stage - soon - where you are truly financially independent, able to use your money in the way you'd like, and be completely confident in your ability to take care of yourself and your family? That is a universal desire, but many of us regard wealth and financial independence as a goal which we'll likely never achieve - there are just too many bills that need paying and there is a widespread belief that the money game is rigged. Even people who win the lottery or inherit money often seem to wind up losing it. The evidence suggests you can't win a game that you don't understand - even if you start out winning - because you never understood the game in the first place.So how can you win with money? How can you create independent wealth and hold on to it? This inspiring book by self-made multi-millionaire Rob Moore explains the rules of the game, shares simple tricks for managing money better, details how to create a plan for an ambitious future, and shows you the very best way to become a millionaire - to think and behave like one!

Hodder & Stoughton

The Deals that Made the World

Jacques Peretti
Authors:
Jacques Peretti
Nicholas Brealey Publishing

50 Economics Classics

Tom Butler-Bowdon
Authors:
Tom Butler-Bowdon

WINNER - SILVER MEDAL, AXIOM BUSINESS BOOK AWARDS 2018'Something of a modern classic in its own right.' E&T magazineEconomics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's bestseller Capital in the Twenty-First Century, here are the great reads, seminal ideas and famous texts, clarified and illuminated for all.EXPLORE the ideas of some of the greatest thinkers in economics:Milton Friedman on economic freedom - J. K. Galbraith on 1929 - Friedrich Hayek on knowledge - Jane Jacobs on cities - J. M. Keynes on depressions - Thomas Malthus on population - Karl Marx on capital - David Ricardo on free trade - Joseph Schumpeter's 'creative destruction' - Adam Smith's 'invisible hand' - Max Weber's 'spirit of capitalism'GAIN the insights and research of contemporary economists and commentators:William Baumol on entrepreneurs - Gary Becker on human capital - Diane Coyle on GDP - Naomi Klein on neoliberalism - Paul Krugman on inequality - Deirdre McCloskey on ideas - Dambisa Moyo on aid - Thomas Piketty on wealth concentration - Amartya Sen on food security - Joseph Stiglitz on the euro - Richard Thaler on behavioral economics - Michael Lewis on the 2007-08 crisis - Dani Rodrik on globalization - Robert Shiller on asset bubblesDISCOVER the truth behind the headlines in these landmark bestsellers and works of economic history:Lords of Finance - The Second Machine Age - The Little Book of Common Sense Investing - 23 Things They Don't Tell You About Capitalism - The Ascent of Money - The Intelligent Investor - The Rise and Fall of American Growth - Freakonomics - The Competitive Advantage of Nations - The Mystery of Capital - Small is Beautiful - The Theory of the Leisure Class

Coronet

The No Spend Year

Michelle McGagh
Authors:
Michelle McGagh

Personal finance journalist, Michelle McGagh, takes on a challenge to not spend money for a whole year in an engaging narrative that combines personal experience with accessible advice on money so you can learn to spend less and live more. Michelle McGagh has been writing about money for over a decade. You'd think that would make her a whizz with her own cash, right? Wrong! Spending with abandon and ignoring bank statements were her modus operandi. Just because she wasn't in serious debt, apart from her massive London mortgage, she thought she was in control. She wasn't. Something needed to be done but rather than cut back here and there, Michelle's approach was more radical. She set herself a challenge to not spend anything for an entire year. She pays her bills and she has a minimal budget for her weekly groceries and household essentials but otherwise Michelle doesn't spend any money at all. She is finding creative ways to get the things she needs, to travel and to still be able to enjoy her time. Not only has she saved money but she is happier: no longer feeling the desire to buy things all the time or feeling the pressure of being sold to. Her relationship with money, with things, with time, with others has changed for the better.The No Spend Year is Michelle's honestly written and personal account of her challenge. But it is more than that, it is also a tool for life that will help you get to grips with your own financial situation. She talks about money in an accessible, unintimidating and often entertaining way and interspersed throughout are really brilliant personal finance tips and life hacks about interest, mortgages, savings , pensions and spending less to help you live a more financially secure life too.

John Murray Learning

Uncommon Sense

Mark Homer
Authors:
Mark Homer
Sceptre

Crash Bang Wallop

Iain Martin
Authors:
Iain Martin

Published to mark the 30th anniversary of the financial revolution known as 'Big Bang', Crash Bang Wallop will tell the gripping story of how the changes introduced in the 1980s in the City of London transformed our world.Attitudes to money and the way we measure value and status were completely reshaped by Big Bang, and it had an extraordinary impact on politics, on style, on technology, on the class system, on questions of public ownership, and on the geography of London. Perhaps more than anything, Big Bang revolutionised the international markets, as the capital became a testing ground for financial globalisation, with huge repercussions for the global economy. The definitive insider's account of this critically important moment in modern history, Crash Bang Wallop will also explore what's next for global finance as it gets ready to undergo yet another revolution. 'Iain Martin tells it brilliantly, mixing fury-inducing narrative with an acute eye for the broader conclusion.' Observer

Teach Yourself

MBA In A Week

Alan Finn
Authors:
Alan Finn
Teach Yourself

Bookkeeping for Small Businesses

Andy Lymer, Nick Rowbottom
Authors:
Andy Lymer, Nick Rowbottom
Teach Yourself

The Finance Coach: Teach Yourself

Lindsey Byrne
Authors:
Lindsey Byrne

This book guides readers simply through basic financial concepts, until they can understand and interpret published accounts to enable them to evaluate the performance of customers, competitors and suppliers.The book also focuses on management accounting, helping managers to compile budgets, control and manage costs, justify investment ideas and negotiate for funding and resources with their senior managers/the board and the finance department.By the end of this book each reader will feel confident:- managing their business area for improved financial performance- conversing financially with colleagues, bosses and finance professionals- setting and monitoring financial objectives and targets for their staff.Other books help you talk the talk. The Teach Yourself Coach books helps you walk the walk.Who are you? * Anyone who wants to impress more and achieve more with their written communication at workWhere will this book take you?* You will have new skills and knowledge, and be fully ready to use it in a specific writing projectHow does it work?* A combination of practical tried-and-tested advice, and unique interactive exercisesWhen can you do it?* In your own time, at your own paceWhat else do you get?* Access to free online videos and printable resourcesWhy Teach Yourself®?* Teach Yourself books are trusted around the world and have helped sixty million people achieve their goals"

Teach Yourself

The Startup Coach: Teach Yourself

Carl Reader
Authors:
Carl Reader

By the end of this book, you will have started your own business. This handy guide will help you to: - Evaluate yourself and your ideas - Assemble your research and your team - Raise the finances you need - Manage and market your business - Make a profit and stay sane!Whilst, other books help you talk the talk, the Teach Yourself Coach books will help you walk the walk.Who are you? * Anyone who wants to start their own businessWhere will this book take you?* You will have started your own business by the end of the bookHow does it work?* A combination of practical, tried-and-tested advice, and unique interactive exercisesWhen can you do it?* In your own time and at your own paceWhat else do you get?* Access to free downloadable resourcesWhy Teach Yourself®?* Teach Yourself books are trusted around the world and have helped 60 million people achieve their goals