Howard Marks

Mastering stock investing is a matter of understanding market cycle

Mastering stock investing is a matter of understanding market cycle

Most stock-market experts don't claim that they can predict market highs or lows. However, one expert investor and writer believes there are ways to understand market trends, and his success in managing mutual funds for Oaktree Capital Group, a company he cofounded, makes believers out of even the most successful investors. Warren Buffett says that if he gets any mail from Howard Marks, it's the first think he reads.

Marks has recently written "Mastering the Market Cycle: Getting the Odds on Your Side" (Houghton Mifflin Harcourt), and the book has received positive reviews by Buffett, Burton Malkiel, Ray Dalio and other market experts.

What most impressed these...

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