From India’s progress to market cycles: Key takeaways from Howard Marks’ diary – Market Cycles
Investor sentiment swings between optimism and worry. Marks emphasizes that recognizing these emotional cycles is vital to creating higher funding selections. “One in every of my favourite quotes attributed to Mark Twain is ‘Historical past doesn’t repeat, but it surely does rhyme.”
The Worry of Lacking Out (FOMO) issue can result in irrational funding selections. Marks additionally reminded the traders that market bubbles typically kind when individuals make investments simply to keep away from lacking out. “There’s nothing so injurious to your psychological well-being as to observe your buddy get wealthy.”
(Disclaimer: Suggestions, options, views and opinions given by the consultants are their very own. These don’t signify the views of The Financial Occasions)
