2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP562: How to Cope With Market Cycles

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Three Stages of a Bull Market

Howard Kurtz: Few things are as costly as paying for potential that turns out to be overrated. He says Warren Buffett's quote, What a wise man does in the beginning, the fool does in the end tells 80% of what you need to know about market cycles and their impacts. The South Sea bubble shows how even the most brilliant people can fall prey to capitulation he writes.

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