Episode notes
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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