具体描述
One of the most successful Wall Street investors of all time provides practical insight and keen analysis on how to track, and react to, the ups and downs of the stock market. Marks reveals the hidden logic in carefully pinpointing market trends so that every investor can profit.
”When I see memos from Howard Marks in my mail, they're the first thing I open and read. I always learn something.” –Warren Buffett
Economies, companies, and markets operate according to patterns or cycles. These cycles arise from naturally occurring phenomena in everyday business, and to a large extent, from the simple ups and downs of human psychology and behavior. When should you pull out of the market? When should you stay in?
These fundamental psychological influences–including greed and fear–can and do profoundly affect investors. If you carefully study past cycles, understand their origins and import, and remain alert for the next up or down cycle, you won't have to reinvent the wheel in order to understand every investment environment. And you're less likely to be blind-sided by unexpected events.
By following Marks’s insights–which are drawn from his memorable memos to clients–you can master these recurring patterns for your own financial gain and psychological benefit.
用户评价
##坦白说很失望，这本书的信息密度太低了。Howard Marks对市场很有见解，Memo写的也很好，前一本书也是我经常推荐给初学者的，但是他显然没有能力驾驭一本300页并且只有单一主题的书籍。这本书的内容不仅有很多重复，而且几乎一半的内容都是在引用他之前写的memo和他看的别人的书，那我是买了一本你的读书笔记吗？三星给内容，但是这本书的精华完全可以在100页，甚至50页内写完。完全可以出本小册子，而不要出一整本书。太让人失望了。建议感兴趣的人花一天翻完。
评分##不如前一本，推荐橡树资本的Memo
评分##保持谦卑，因为所得皆是运气；保持清高，降维才有确定收益。
评分##都是口水话，相比于上一本大失水准
评分##Audible初体验，赞亚马逊！听书容易走神，不好follow. 比较适合休闲，睡觉前听一会儿。第一遍听完，还需要再听几遍，因为有时候听着听着就睡着了。Cycle matters. 周期就是“势”。顺势而为，锐不可当；逆势而动，万劫不复。
评分##引用两句名言（也是本书反复引用的）就可以总结这本书的主旨。1. “历史不会重演，但会惊人的相似。”——马克吐温 2. “别人越是不谨慎的时候，我们越要谨慎行事。”——沃伦巴菲特
评分##太阳底下无新鲜事。谨慎判断，预估风险。
评分##保持谦卑，因为所得皆是运气；保持清高，降维才有确定收益。
评分##短评回头再补。书确实有点太长和啰嗦，但是就论述2008年金融危机的经过、周期中人性的作用、周期顶/底点的特征这些内容，足够给本书打五星
相关图书
本站所有内容均为互联网搜索引擎提供的公开搜索信息，本站不存储任何数据与内容，任何内容与数据均与本站无关，如有需要请联系相关搜索引擎包括但不限于百度，google,bing,sogou 等
© 2026 book.cndgn.com All Rights Reserved. 新城书站 版权所有