Man Who Has Benefited From the Fed for 40 Years Finally Credits the Fed for Success

(Los Angeles, CA) – Following the publication of a book that could be summarized in a blog post, Howard Marks has followed the almost worthless Mastering the Market Cycle with an honest book that reveals the secret to success as a debt investor.

In Destroying the Market Cycle, Marks reveals that the true secret to investing in debt is to praise the Fed for its intervention, thereby leading to more intervention, further inflating debt assets. “It’s a virtuous cycle,” he states, saying that Fed chairs usually “suck up to private equity and hedge fund managers,” and that such words of praise may be the best investment of all – and free.

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