This episode edits and remasters two earlier episodes on investing based on cycles to focus on timeless investing principles.Topics covered include:What are different types of cyclesWhy do cycles have subjective start and end dates.Why do coincidences happen so often.How to position investment portfolios based on cycles.How luck and skill play a role in investing.Why it is better to invest based on calibrating risk rather than prediction.Show NotesWeiss ResearchWeiss Research SEC ActionFoundation For The Study of CyclesFluke: The Math and Myth of Coincidence by Joseph MazurA Spectral Analysis of World GDP Dynamics – Andrey V. Korotayev and Sergey V. TsirelHoward Marks – Yet Gain?Mastering The Market Cycle by Howard MarksSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.