The Secret Wealth Advantage: How you can profit from the economy’s hidden cycle Paperback – 11 July 2023

Drawing on historical data, Akhil has mapped market cycles to provide the reader with a clear picture of how the price of land, the broader economy and investor emotions interlink.In layman’s terms he describes each stage of the cycle and how investors should react to the prevailing conditions.If you invest in property or the stock market, and would like some insight into how the market has performed in the past, and how it is likely to perform in the future, this is definitely worth a read!Well written, sometimes humorous, easy to understand.

I've been following the author since he starting writing a financial newsletter in the middle of the last decade and he's brilliantly condensed the key themes from that newsletter in this book. Not just the land cycle theme, but also the nature of money and credit creation, taken together they gave me a Eureka moment that corrected all the inconsistencies in the conventional narrative that dominates any analysis of financial markets.If you are a believer in free markets but question why we end up with such destructive booms and busts this will provide the answers and the potential solutions wrapped up in a brilliant read.I say this as a financial markets professional who isn't at all into conspiratorial theories, but sometimes you come across key knowledge (i.e. the law of economic rent) that the groupthink has so badly departed from, and this is one of those areas. It has been brilliantly dissected by Akhil in his studies over the years which he has now put into this volume. Just buy it.

This book sets out to explain why there is a cycle of boom and bust and more importantly it helps you to predict when they happen and what you can do to get through them.In many ways I’m not the target audience for this book - I don’t have investments nor a property portfolio but am a general reader with a fascination about global economics and impact it has on our lives. I was grabbed by the opening chapters, not only does Patel explain the history of economic cycles but he illustrates them with brilliant storytelling. I was expecting the usual quotes and case studies, but he uses surprising examples, such as Big Issue sellers to explain the laws of economic rent. Throughout the stories are original and writing is engaging - I kept reading on, just one more chapter!I love the key lessons in the final chapter - ‘the more things change, the more they stay the same’. We are living in turbulent times and will continue to do so, understanding why cycles happen and what to look out for gives us some sense of understanding and perhaps control.

Title a bit naff. But don’t be put off 😎It’s what’s inside that’s important 🥳Even suggests the best investments for the different parts of the market cycle 😎🥳

If you really want to know how the world works, you need to understand the 18-year real estate cycle. For this purpose, I can’t recommend enough you read Akhil Patel’s book. It will provide you with a roadmap to guide you through the real estate cycle, with a practical description of each of the four stages and the factors that affect each of them, what to do at each stage of the cycle (crutial for any investor, as everyone is affected by the cycle). You’ll be able to identify where we are in the cycle, and what will happen next. The book’s structure is brilliant, with a chapter devoted to each key stage of the cycle. You will come to understand why the law of economic rent has been hidden to you on purpose. For sure, The Secret Wealth Advantage will be your guide for the years to come. If you choose books that are worth re-reading, then Akhil’s book is for you. And if you think knowledge is expensive, try ignorance…but at your own risk.

Easy read and up to date.

This is a wonderful book to help every investor find the signal amidst the noise in the global economy. Great work Akhil!

"The Secret Wealth Advantage" simplifies the economy into an 18-year cycle, especially focusing on the property market. This book isn't just theory, it offers a practical guide on what to do at each stage of the cycle.Before, my investment choices felt like a gamble. Now, I have a roadmap to predict market booms and busts. Combine this with "The Secret Life of Real Estate and Banking" and "Truth of the Stock Tape," and you'll have a different outlook on your portfolio.Highly recommended for anyone looking to invest wisely.

I like the book I like the way Akhil walks the reader through the changes in the real estate market and look forward to seeing the forecast play out

This book is a well written guide to mastering the business cycle for one's own profit. The secrets of the businesses cycle have been discoverer in the late 18th century and it is ties o the nature of well located land, the only 'factor of production' whose supply is inelastic. The neoclassical economic paradigm forces us to to see land as any other form.of capital, but due to its nature it must be treated as unique. Akhil Patel explains how this is the case and how it invariably leads to the business cycle which he observes follows an approximate 18.6 year cycle (discerned over the past 220 years or so). He builds on the work of Phil Anderson in his Secret Life of Real Estate and Banking which builds on the work of Fred Harrison who predicted the 2008 Crash, and ultimately on the work of the nineteenth century American economist, Henry George. The argument is compelling and very well researched. Akhil outlines a step by step guide on how to navigate the 18.6 year cycle to profit from it. However, the ideas in the book are truly disruptive and point to the possibility of effective government policies that promote economic growth driven by productive investment and fair taxation without the boom-bust cycle that devastates so many lives.

Great book!

-18 year real estate cycles- 60 year long cycles- Gives clear explanation for the four acts if the cycle- Hope to apply it in the coming years.Good book.

This is THE book that everyone must read to fully understand how the real estate cycle and money supply can affect your personal financial wellbeing. Don't bother thinking you can keep going to work, get a good salary and finally retire happily to enjoy your wealth. if you don’t understand these hidden elements of the ‘system’ that is there to benefit only some at your expense, the decisions you make at the wrong time in the cycle will surely affect your personal financial wellbeing.You will be enlightened by hidden elements in the real estate and the finance credit cycle that most people don't know about. Knowing and understanding where you are in the real estate cycle can make you, or break you, with the decisions you are about to make. You won't find any of this valuable information in the media. In fact, the book will even tell you how to interpret 'the real reasons' for the headlines, hype and propaganda disguised in the news that is there to steer you in the direction to benefit the creators of this ‘news’, by fooling you.The layout of the book is such that, at the end of each chapter you will be provided with where you are in the cycle, emotions you will go through, and how to manage them and a list of action items that you can take to benefit from this point in the cycle. The way the book is written in simple language, anyone who put these items into practice will surely benefit.I recommend every school kid from age 16 should be given this book to make them understand how the finance world ACTUALLY works, so we can build a better world by managing each one’s personal finances properly as they become adults. All references are provided for any smart person to prove to themselves the previous real estate and finance cycles by checking the historical evidence that is readily available, but seldom talked about.This is such and eye opener you will see how you have been ‘flying blind’ all this time. This book is the best summary of all previous books on cycles written in the past with the main difference being “what action you need to take at any point of the cycle to benefit you”. It gives clear instructions on how to profit from fully understanding the real estate cycle and all the hidden information.Highly Recommended.