DAILY WALL STREET WISDOM · #049
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“The most important thing is being attentive to cycles. Everything is cyclical.”
🇺🇸Howard Marks
Co-Chairman, Oaktree Capital Management
WHO SAID IT
🇺🇸 Howard Marks
Co-Chairman, Oaktree Capital Management
WHAT IT MEANS
Markets, economies, and investor sentiment all move in cycles. Understanding where we are in the current cycle helps you calibrate risk, position your portfolio, and avoid being caught off guard by reversals.
cycles