During a standing-room only interview hosted by the Fink Center at UCLA Anderson on October 11, 2018, living investment legend Howard Marks encouraged investors of all experience levels to develop a keen observation of cyclical indicators and historic market patterns to manifest opportunities.

According to Marks, the cycle-savvy investor is one who is attuned to history and relies on the three most valid indicators as an investing edge: asset pricing, recent history, and human emotion.