The Long Good Buy: Analysing Cycles in Markets

The Long Good Buy is a fascinating compendium of facts and analysis concerning stock market cycles, economics, valuations, bull and bear markets. If you are interested in equities, still more if you invest actively, it is impossible that you will not find something useful that you did not know before within this volume. Probably you will learn a great deal that is new. There is no formula for success, and history never repeats itself exactly, but there is no point in not knowing as much as you possibly can about what happened before while you try and guess what comes next.

A fascinating book which takes the reader step by step through the history of financial market cycles. Peter combines economic and market analysis with observations of investor behavior to piece together the combination of events which can lead to a particular market outcome. The book makes complex market concepts accessible to the reader whilst also providing thought provoking analysis to help take a view on what may happen in financial markets going forward. Students of finance right through to experienced market practitioners would benefit from reading this book.

What is striking about this work over others that I have read on the topic is the extraordinary level of market insight presented with such clarity of expression. No page is wasted. The book is packed full of gems of wisdom for all students and practitioners of finance. I cannot recommend this book highly enough!

This book gives a very clear explanation of the history of the financial market cycles, their causes and what investors can learn from lessons of the past when looking to the future. If you are interested in the markets, the author has an incredible ability to explain complex concepts in easy to digest ways. I would highly recommend it to anyone looking for insight in to how the markets are likely to move next.

I thought I had a pretty good understanding of how the markets worked until I read this book. My eyes have been opened and my thinking and calculations altered. So far I have to say for the better! This is not simple stuff but is explained well for the benefit of both sophisticated and the not so sophisticated investor.