Howard Marks puts it perfectly: "We must never forget about the inevitability of cycles. Ignoring cycles and extrapolating trends is one of the most dangerous things an investor can do." Yet, time and again, we fall into the same trap. When markets are rising, we convince ourselves that this time...
Head Of Research
Boom, Bust, Repeat: Why financial cycles persist and how to navigate them
Boom, Bust, Repeat: Why financial cycles persist and how to navigate them
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