Recommendations you can check.
Co-founder and co-chairman of Oaktree Capital Management; writes the Oaktree memos on markets and investing.
2 things
A Short History of Financial EuphoriaBook John Kenneth Galbraith
And this gives me a great opportunity to reference one of my favorite quotations from John Kenneth Galbraith’s wonderful book on market excesses:
Marks’s memo on how long periods of easy money distort investor behavior.
2024-01-09·oaktreecapital.com ↗
Devil Take the HindmostBook Edward Chancellor
In the fall of 1999, against the backdrop of the massive gains being achieved in tech, media, and telecom stocks, I read Edward Chancellor’s excellent book Devil Take the Hindmost.
Marks’s memo revisiting the market calls in his past memos; here the January 2000 bubble.com memo.
2023-07-10·oaktreecapital.com ↗
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