The Long Game: Lessons from a Seasoned Investor

By Avalon March

The Long Game: Lessons from a Seasoned Investor by Avalon March offers an enriching dive into the world of long-term investing. Drawing from decades of experience, March shares the invaluable insights gained from playing the long game across various market cycles. This book is a treasure trove of practical advice, strategic thin

• Language: English
• Publisher: RWG Publishing
• Release date: Dec 5, 2024
• ISBN: 9798330684427

Book preview

Introduction

In the fast-paced world of business, it's all too easy to become enamored with the latest developments and trends. The allure of NFTs, AI, VR, DeFi, and 5G networks can be captivating, pulling focus toward the promise of future innovations. However, there is tremendous value in heeding the wisdom of those who have weathered the storms and celebrated the victories of the market over the decades. This book captures the insights of such a seasoned investor, one who has navigated the complexities of multiple market cycles across various continents. His journey, rich with experience, offers lessons that are both intriguing and invaluable.

Since the 1970s, the world's major stock and bond markets have surged ahead, experiencing unprecedented growth punctuated by significant upheavals. The dot-com bubble of the late 1990s and the catastrophic collapse of Lehman Brothers in 2008, which nearly brought down the global banking sector, stand out as monumental events. Despite these disruptions, the markets have continued to evolve, presenting new opportunities and challenges for investors.

As an active long-term investor, I have witnessed the ebbs and flows of the financial world. This book is not about picking the next hot stock or predicting market trends. Instead, it is a compendium of the lessons I've learned through decades of diligent observation and participation. These lessons, often counterintuitive, are drawn from countless conversations and interactions with fellow investors, political leaders, traders, and bank analysts. They are grounded in real-world experiences and observations, shaped by the analytical insights gleaned from various market conditions.

Through this book, I aim