Clay Finck explores the core ideas behind Capital Returns by Edward Chancellor and Marathon Asset Management. Based on decades of investing experience, the book uncovers the capital cycle framework which reveals how capital flows, supply dynamics, and managerial incentives drive long-term investment outcomes. What you'll learn here: Transcript & Guest Info: https://www.theinvestorspodcast.com/episodes/mastering-the-capital-cycle/ Join our highly vetted community of value investors: https://www.theinvestorspodcast.com/mastermind/ 🤝 Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here: https://www.theinvestorspodcast.com/summit 💎 Explore a new business weekly and decide if it deserves a spot in your portfolio. https://www.theinvestorspodcast.com/intrinsic-value-podcast/ ▶️ Related Episodes: - Interest Rates: The Price of Time by Edward Chancellor: https://youtu.be/dfxSU3_z-EA - How to Build Wealth & Transform Your Life: The Joys of Compounding by Gautam Baid: https://youtu.be/jbe_Svr9nYk - The Holy Grail of Long-Term Value Investing | The Joys of Compounding Insights: https://youtu.be/6ZDYAGNkHw8 📖 Books Mentioned: - Capital Returns by Edward Chancellor: https://amzn.to/3SNY2Uj - The Joys Of Compounding by Gautam Baid: https://amzn.to/43BZVJY Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Visit our website: https://www.theinvestorspodcast.com/we-study-billionaires/ Free PDF: Investing for Beginners: 4 Principles of Stock-Picking: https://www.theinvestorspodcast.com/subscribe-youtube/ ⚠️ Disclaimer: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting. #CapitalCycle, #ValueInvesting, #EdwardChancellor, #CyclicalIndustries, #InvestmentStrategy