406 - Howard Marks: Billionaire Investor on Market Cycles (How to Survive the Bad Days & Win the Good Days)

Howard Marks is #374 on the Forbes richest list. He co-founded Oaktree Capital Management and is worth $1.9 billion. I asked, “Do you hate being introduced as a billionaire?” He said, “I do. I don’t think that how much money I have sums me up and I don’t think it’s the greatest thing about me.” And he’s right. He can’t teach you how to be a billionaire. He can only teach you what he knows: investing strategies, market cycles, philosophy, psychology, and how he used all of this to create freedom and wellbeing in life. He writes about this in his new book, “Mastering the Market Cycle: Getting the Odds on Your Side.” The book is as much about finance and market cycles as it is about personal cycles.   I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.   Thanks so much for listening! If you like this episode, please subscribe to “The James Altucher Show” and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify   Follow me on Social Media: Twitter Facebook Linkedin Instagram ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn