The Minutes of Howard Marks on market cycle https://minutesof.com/howard-marks/on/market-cycle/ Everything Howard Marks has said on market cycle: 2 verbatim quotes between January 2019 and March 2026, each with a timestamp and a link to the recording… en Sun, 30 Aug 2026 16:22:29 +0000 Marks argues markets have enjoyed seventeen years without a truly tough period since March 2009, despite brief https://minutesof.com/q/84fdeda8-5478-4d7c-9e06-e447dc253ef8/ https://minutesof.com/q/84fdeda8-5478-4d7c-9e06-e447dc253ef8/ “the stock market bottomed March 6, I think it was, of 2009, seventeen years ago, this month, and there hasn't really been a tough time in the financial market since then.” — Bloomberg Television Wed, 18 Mar 2026 17:49:13 +0000 market cycle Marks argues that at cycle extremes investors need money and nerve to spend it, not selectivity. https://minutesof.com/q/141db8c3-58fe-4d28-880c-52e84612ca27/ https://minutesof.com/q/141db8c3-58fe-4d28-880c-52e84612ca27/ “you don't need conservatism, caution, risk control, discipline, patience or selectivity. You need money and the nerve to spend it.” — Milken Institute Mon, 14 Jan 2019 19:09:05 +0000 market cycle