How To Invest Based on Cycles
Money For the Rest of Us
J. David Stein
4.5 β’ 1.4K Ratings
ποΈ 10 August 2022
β±οΈ 41 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Summary
This episode edits and remasters two earlier episodes on investing based on cycles to focus on timeless investing principles.
Topics covered include:
- What are different types of cycles
- Why do cycles have subjective start and end dates.
- Why do coincidences happen so often.
- How to position investment portfolios based on cycles.
- How luck and skill play a role in investing.
- Why it is better to invest based on calibrating risk rather than prediction.
For more information on this episode click here.
Show Notes
Foundation For The Study of Cycles
Fluke: The Math and Myth of Coincidence by Joseph Mazur
A Spectral Analysis of World GDP Dynamics β Andrey V. Korotayev and Sergey V. Tsirel
Mastering The Market Cycle by Howard Marks
Related Episodes
173: Should You Invest Based On Cycles
224: Mastering the Market Cycle β Howard Marks
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Transcript
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| 0:00.0 | Welcome to Money for the Rest of Us. This is a personal financial on money. How it works, |
| 0:06.3 | how to invest it, and how to live without worrying about it. I'm your host David Stein |
| 0:10.8 | today's episode 397. It's titled How to Invest Based on Cycles. If that topic sounds |
| 0:17.9 | familiar to you, it's because this week is a special episode. We edited and remastered |
| 0:24.2 | the audio for two complimentary podcast episodes on investing using market cycles. In our editing, |
| 0:31.0 | we focused on curating timeless principles so the content is evergreen and more helpful to you. |
| 0:37.1 | We took out things that were related specifically to the market at that time. The two episodes |
| 0:43.4 | are episode 173. Should you invest based on cycles, it was released September 2017 and episode 224 |
| 0:52.4 | mastering the market cycle. That episode was released October 2018. I hope you enjoyed this |
| 0:58.9 | remastered and refreshed take on how to invest based on cycles. The topic was suggested by Rob. He's |
| 1:07.0 | a member of our community money for the rest of us plus. He also subscribes to a service |
| 1:11.4 | called the real wealth report and it's sponsored or produced by Martin Weist W E I S S of Weist |
| 1:20.2 | Research. I had not heard of that but Rob brought it to my attention while he says, |
| 1:24.6 | well, a couple things. They're predicting something called the K wave. This is a cycle and it will |
| 1:32.3 | destroy the financial markets. Those are Rob's words. He says they're also really positive on gold |
| 1:39.3 | but he subscribed to this service because he was looking for reliable and unbiased investment |
| 1:46.3 | information which he thinks I provide but at the time he thought Martin Weist provided it |
| 1:52.8 | also and you'll have to be the judge of that. So I started listening to the videos and the |
| 1:58.4 | announcer comes on very gravely and says, Martin Weiss, who semi-retired, interrupted his |
| 2:07.4 | travels overseas abruptly and he rushed home to bring you an alarming prediction about the future. |
| 2:17.8 | He says it's probably the most important forecast ever in his 46 years since he found that his |
| 2:24.6 | company and it's frightening. On the flip side though, there's going to be a tremendous profit |
... |
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