The legendary investor shows how to identify and master the cycles that govern the markets. We all know markets rise and fall, but when should you pull out, and when should you stay in? The answer is never black or white, but is best reached through a keen understanding of the reasons behind the rhythm of cycles. Confidence about where we are in a cycle comes when you learn the patterns of ups and downs that influence not just economics, markets and companies, but also human psychology and the investing behaviors that result.

Roger Reaves grew up a poor farm boy in Georgia and went from making 'moonshine' to becoming one of the most prolific smugglers of the 20th century. He covered six continents, transporting 20 ton ship loads of hash, tons of cocaine, and completed more than 100 sorties across the US border with plane loads of marijuana. His friends and associates spanned the globe - from Medellin Cartel kingpins Jorge Ochoa and Pablo Escobar, to "Mr. Nice" Howard Marks and the infamous Barry Seal who was Roger's close friend and employee.

Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career.

When Elon Musk was a kid in South Africa, he was regularly beaten by bullies. One day a group pushed him down some concrete steps and kicked him until his face was a swollen ball of flesh. He was in the hospital for a week. But the physical scars were minor compared to the emotional ones inflicted by his father, an engineer, rogue, and charismatic fantasist.

When Michael Lewis first met him, Sam Bankman-Fried was the world’s youngest billionaire and crypto’s Gatsby. CEOs, celebrities, and leaders of small countries all vied for his time and cash after he catapulted, practically overnight, onto the Forbes billionaire list. Who was this rumpled guy in cargo shorts and limp white socks, whose eyes twitched across Zoom meetings as he played video games on the side?

An escaped convict with a false passport, Lin flees maximum security prison in Australia for the teeming streets of Bombay, where he can disappear. Accompanied by his guide and faithful friend, Prabaker, the two enter the city’s hidden society of beggars and gangsters, prostitutes and holy men, soldiers and actors, and Indians and exiles from other countries, who seek in this remarkable place what they cannot find elsewhere.

The incredible true story of the decade-long quest to bring down Paul Le Roux - the creator of a frighteningly powerful internet-enabled cartel who merged the ruthlessness of a drug lord with the technological savvy of a Silicon Valley entrepreneur.

This is the true crime best seller that was the basis for Martin Scorsese’s film masterpiece GoodFellas, which brought to life the violence, the excess, the families, the wives and girlfriends, the drugs, the payoffs, the paybacks, the jail time, and the Feds...with Henry Hill’s crackling narration drawn straight out of Wiseguy and overseeing all the unforgettable action.

In the 1990s Jordan Belfort, former kingpin of the notorious investment firm Stratton Oakmont, became one of the most infamous names in American finance: a brilliant, conniving stock-chopper who led his merry mob on a wild ride out of the canyons of Wall Street and into a massive office on Long Island. Now, in this astounding and hilarious tell-all autobiography, Belfort narrates a story of greed, power, and excess no one could invent.

Now a number-one international best seller, Billion Dollar Whale is "an epic tale of white-collar crime on a global scale" (Publishers Weekly), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude—one that would come to symbolize the next great threat to the global financial system.

In 1979, Wisconsin native Tim McBride hopped into his Mustang and headed south. He was 21, and his best friend had offered him a job working as a crab fisherman in Chokoloskee Island, a town of fewer than 500 people on Florida's Gulf Coast. Easy of disposition and eager to experience life at its richest, McBride jumped in with both feet. But this wasn't a typical fishing outfit.

Narrated by the visionary founding member, Hell's Angel provides a fascinating all-access pass to the secret world of the notorious Hell's Angels Motorcycle Club. Sonny Barger recounts the birth of the original Oakland Hell's Angels and the four turbulent decades that followed. Hell's Angel also chronicles the way the HAMC revolutionized the look of the Harley-Davidson motorcycle and built what has become a worldwide bike-riding fraternity, a beacon for freedom-seekers the world over.

Dubbed the "Hippie Mafia", the Brotherhood began in the mid-1960s as a small band of peace-loving, adventure-seeking surfers in Southern California. After discovering LSD, they took to Timothy Leary's mantra of "Turn on, tune in, and drop out" and resolved to make that vision a reality by becoming the biggest group of acid dealers and hashish smugglers in the nation, and literally providing the fuel for the psychedelic revolution in the process.

In July 1995, San Jose Mercury-News reporter Gary Webb found the Big One - the blockbuster story every journalist secretly dreams about - without even looking for it. A simple phone call concerning an unexceptional pending drug trial turned into a massive conspiracy involving the Nicaraguan Contra rebels, L.A. and Bay Area crack cocaine dealers, and the Central Intelligence Agency.

Imagine how different your life would be if you could tell whether someone was lying or telling you the truth. Be it hiring a new employee, investing in a financial interest, speaking with your child about drugs, confronting your significant other about suspected infidelity, or even dating someone new, having the ability to unmask a lie can have far-reaching and even life-altering consequences. As former CIA officers, Philip Houston, Michael Floyd, and Susan Carnicero are among the world’s best at recognizing deceptive behavior.

When two of his American employees were held hostage in a heavily guarded prison fortress in Iran, one man took matters into his own hands: American businessman H. Ross Perot. His team consisted of a group of volunteers from the executive ranks of his corporation, hand-picked and trained by a retired Green Beret officer. To free the imprisoned Americans, they would face incalculable odds on a mission that only true heroes would have dared.

Red Notice is a searing expose of the wholesale whitewash by Russian authorities of Magnitsky's imprisonment and murder, slicing deep into the shadowy heart of the Kremlin to uncover its sordid truths.

Until now, we believed that everything had been said about the rise and fall of Pablo Escobar, the most infamous drug kingpin of all time. But these versions have always been told from the outside, never from the intimacy of his own home. More than two decades after the full-fledged manhunt finally caught up with the king of cocaine, Juan Pablo Escobar travels to the past to reveal an unabridged version of his father.

In short, this is Pablo Escobar's story in the words of one of his closest confidants, his brother Roberto. It's all here - the brutal violence inside the world of the drug cartel, dealing with American drug forces and the CIA, the problems the Escobars faced when going up against the Colombian mafia, even Pablo's moments of kindness and compassion. As Roberto points out, although many people view Escobar as a monster, thousands still visit his grave every year to mourn him, and revere him as a savior.

The dramatic memoir of the journalist who was held hostage in a high-security prison in Tehran for 18 months and whose release - which almost didn’t happen - became a part of the Iran nuclear deal.

At six-foot-four-inches and 375 pounds, Jack Garcia looked the part of a mobster, and he played his part so perfectly that his Mafia bosses never suspected he was an undercover agent for the FBI. "Big Jack Falcone," as he was known inside La Cosa Nostra, learned all the inside dirt about the Gambino organized crime syndicate and its illegal activities---from extortion and loan-sharking to assault and murder.

This is the story of the most successful cocaine dealers in the world: Pablo Escobar Gaviria, Jorge Luis Ochoa Vasquez, Carlos Lehder Rivas, and Jose Gonzalo Rodriguez Gacha. In the 1980s, they controlled more than 50 percent of the cocaine flowing into the United States. The cocaine trade is capitalism on overdrive - supply meeting demand on exponential levels. Here you'll find the story of how the modern cocaine business started and how it turned a ragtag group of hippies and sociopaths into regal kings.

Author Jason Ryan takes us back to the heady days before drug smuggling was synonymous with deadly gunplay. During this golden age of marijuana trafficking, the country's most prominent kingpins were a group of wayward and fun-loving Southern gentlemen who forsook college educations to sail drug-laden luxury sailboats across the Mediterranean, the Atlantic, and the Caribbean. Les Riley, Barry Foy, and their comrades eschewed violence as much as they loved pleasure, and it was greed, lust, and disaster at sea that ultimately caught up with them, along with the law.

Lucie Blackman - tall, blond, 21 years old - stepped out into the vastness of Tokyo in the summer of 2000 and disappeared. The following winter, her dismembered remains were found buried in a seaside cave. The seven months in between had seen a massive search for the missing girl involving Japanese policemen, British private detectives, and Lucie’s desperate but bitterly divided parents. Had Lucie been abducted by a religious cult or snatched by human traffickers? Who was the mysterious man she had gone to meet? And what did her work as a hostess in the notorious Roppongi district of Tokyo really involve?

The Tangled Web tells the dramatic story of detective Richard Cain's criminal career as revealed by his half-brother, Michael. Cain led a double-life—one as a well-known cop who led raids that landed on the front pages, and the other as a "made man" in one of Chicago's most notorious mob families.

In 1978, CIA maverick Jack Platt and KGB agent Gennady Vasilenko were new arrivals on the Washington, D.C., intelligence scene, with Jack working out of the CIA's counterintelligence office and Gennady out of the Soviet Embassy. Both men were assigned to seduce the other into betraying his country in the final days of the Cold War, but instead the men ended up becoming the best of friends. Theirs is a friendship that never should have happened, and their story is chock full of treachery, darkly comic misunderstandings, bureaucratic inanity, and landmark intelligence breakthroughs.

As a member of Parliament and leader of the Liberal Party in the 1960s and 70s, Jeremy Thorpe's bad behavior went under the radar for years. Police and politicians alike colluded to protect one of their own. In 1970, Thorpe was the most popular and charismatic politician in the country, poised to hold the balance of power in a coalition government. But Jeremy Thorpe was a man with a secret.

In 1988 a troubled young man and his flamboyant mother were arrested for murdering a wealthy widow in her New York City mansion. Suddenly America was transfixed by a pair of real-life film noir characters. The media couldn't get enough of the twisted relationship between Sante Kimes and her 23-year-old son Kenny. But the most chilling story of all was never told - until now. Kent Walker, Sante's elder son, reveals how he survived 40 years of "the Dragon Lady's" very special brand of motherly love and still managed to get away.

In January of 1965, 24-year-old US Army sergeant Charles Robert Jenkins abandoned his post in South Korea, walked across the DMZ, and surrendered to communist North Korean soldiers standing sentry along the world's most heavily militarized border. He believed his action would get him back to the States and a short jail sentence. Instead he found himself in another sort of prison, where for 40 years he suffered under one of the most brutal and repressive regimes the world has known. This fast-paced, harrowing tale, told plainly and simply by Jenkins (with journalist Jim Frederick).

When Bryan Christy began to investigate the world of reptile smuggling, he had no idea what he would be in for. In the course of his research, he was bitten between the eyes by a blood python, chased by a mother alligator, and sprayed by a bird-eating tarantula. But perhaps more dangerous was coming face to face with Michael J. Van Nostrand, owner of Strictly Reptiles, a thriving family business in Hollywood, Florida.