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Hardcover Capital Returns: Investing Through the Capital Cycle: A Money Manager's Reports 2002-15 Book

ISBN: 1137571640

ISBN13: 9781137571649

Capital Returns: Investing Through the Capital Cycle: A Money Manager's Reports 2002-15

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 unpredictable. Yet Marathon Asset Management, a London-based investment firm managing over $50 billion of assets has developed a relatively...

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