This book provides expert example-driven guidance on the crash-beating capital cycle approach to investing successfully deployed by Marathon Asset Management over the past two decades. We live in an age of serial asset bubbles and spectacular busts. Economists policymakers central bankers and most people in the financial world have been blindsided by these busts while investors have lost trillions. Economists argue that bubbles can only be spotted after they burst and that market moves are unpre
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