TIP478: Market Cycle Masterclass w/ David Stein

IN THIS EPISODE, YOU’LL LEARN:

• 01:10 - Why we have cycles.
• 02:11 - What the credit cycle is.
• 09:16 - How are cycles interrelated.
• 11:53 - Where we are in the real estate cycle.
• 17:55 - Where we are right now in the cycle.
• 25:35 - How adjusting risk to your portfolio depends on the market cycle.
• 31:02 - Why junk bonds might be a good investment depends on the credit cycle.
• 36:10 - Which questions to ask an asset manager.
• 39:32 - How to evaluate a track record.
• 50:50 - Why assets managers like to talk about their mistakes.
• 1:08:15 - How to think about risk and reward.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Listen to David Stein’s podcast, Money For the Rest of Us.
• Visit David Stein’s Website.
• Visit David Stein’s YouTube channel.
• Listen to our interview with David Stein about Netflix.
• Listen to our interview with David Stein about Evergrande, Alibaba, and the Collapse.
• Our interview with Howard Marks about Mastering the Market Cycle.

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• Browse through all our episodes (complete with transcripts) here.
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