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The new Howard Marks book on cycles, why super-investors may not be as helpful as you think, how the first Vanguard index fund was run by a part-time worker, SoftBank's lofty tech aspirations, choosing the right asset allocation for your portfolio, our beef with surveys, the fraud of the week, when to buy a house and much more.\n Find complete shownotes on our blogs...\n Ben Carlson\u2019s A Wealth of Common Sense\n Michael Batnick\u2019s The Irrelevant Investor\n Like us on Facebook\n And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.\nLearn more about your ad choices. Visit megaphone.fm/adchoices