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5min chapter
TIP497: Lessons from Billionaire Howard Marks
We Study Billionaires - The Investor’s Podcast Network
What Do Investors Do About Market Cycles?
Markets have a way of really defying logic and have us begin to really doubt ourselves. Being highly aware of your decisions psychologically when the pendulum swings to these extremes is very critical because that's when the emotions really kick in. We can't know how far a trend will go and when it will turn, but we do know that it will turn eventually because nothing goes up forever.
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