Agent skill

Marks Cycles

by questflowai in questflowai/investorskills

A skill your agent uses when evaluating markets through Howard Marks-style second-level thinking, credit cycles, risk premiums, market psychology, and defensive versus aggressive posture.

MITAuto-check passed

Install Marks Cycles

skills CLI
$ npx skills add questflowai/investorskills --skill marks-cycles -a claude-code

Project install by default; add -g for ~/.claude/skills/.

GitHub CLI
$ gh skill install questflowai/investorskills marks-cycles --agent claude-code

Project scope by default; add --scope user for a personal install. Needs GitHub CLI 2.90.0 or later (public preview).

Manual copy
$ git clone --depth 1 https://github.com/questflowai/investorskills.git skills-src && mkdir -p .claude/skills && cp -r skills-src/skills/marks-cycles .claude/skills/marks-cycles && rm -rf skills-src

Use ~/.claude/skills/ instead of .claude/skills for a personal install. The folder must contain SKILL.md.

Claude Code skills documentation · loads skills from .claude/skills/

Facts

Skill name
marks-cycles
GitHub stars
1.9k
Token cost
~618 tokens
SKILL.md length
282 words
Files
2
Skills in repo
63
Repo updated
First seen
Licence
MIT

At a glance

A skill your agent uses when evaluating markets through Howard Marks-style second-level thinking, credit cycles, risk premiums, market psychology, and defensive versus aggressive posture.

  • Works in 6 steps: Identify the cycle: early, mid, late,… → Separate first-level view from… → Compare price, value, and risk premium. → …
  • Evaluating markets through Howard Marks-style second-level thinking
  • SKILL.md covers When To Use, Do Not Use When, Inputs Needed and Process, plus 3 more sections
  • Instructions only: no scripts, shell commands, URLs or credentials in SKILL.md

What it does

Marks Cycles is an agent skill from questflowai/investorskills. Use when evaluating markets through Howard Marks-style second-level thinking, credit cycles, risk premiums, market psychology, and defensive versus aggressive posture.

Its SKILL.md is about 620 tokens, which your agent loads only when the skill is triggered. The skill folder holds 1 other file (for example `invest.md`).

The repository describes itself as: Investor Skills is an open-source library that turns durable investing judgment into portable, structured formats. It collects how great investors think, filter opportunities… The licence is MIT.

When your agent uses it

  • Evaluating markets through Howard Marks-style second-level thinking
  • Market psychology
  • Defensive versus aggressive posture

Example prompts

  • “/marks-cycles”

Workflow steps

6 steps, taken from the first numbered list in SKILL.md.

  1. Identify the cycle: early, mid, late, stressed, panic, recovery.
  2. Separate first-level view from second-level view.
  3. Compare price, value, and risk premium.
  4. Assess market psychology: fear, greed, complacency, forced selling.
  5. Decide posture: defensive, neutral, opportunistic, or aggressive.
  6. Size by margin for error, not confidence alone.

What it can do on your machine

Read from SKILL.md and the folder at commit 2844d78. It shows what the files ask for, not the result of running them.

  • Tool permissions

    Pre-approves nothing: there is no allowed-tools line, so your agent's usual permission prompts apply.

    From allowed-tools in the SKILL.md frontmatter.

  • Runs code

    No scripts in the folder and no shell commands in SKILL.md (its code samples are markdown).

    From the folder's file list and the shell code blocks in SKILL.md.

  • Network

    No URLs in SKILL.md.

    From URLs in SKILL.md, links to its own repository left out.

  • Credentials

    Names no API keys, tokens, secrets or passwords.

    From names ending in _API_KEY, _TOKEN, _SECRET, _KEY or _PASSWORD in SKILL.md.

Context cost

Marks Cycles loads about 618 tokens when it runs. Until then it costs about 45 tokens; SKILL.md has 282 words of instructions outside code blocks.

Always · name and description, kept in context so the agent knows when to use it
~45
When it runs · the whole SKILL.md, loaded when a task matches
~618

Estimates: characters ÷ 4, the usual rule of thumb; real counts depend on the model's tokenizer. Scripts and assets cost tokens only if the agent reads them.

Safety

Auto-check passed

The automated check found no risky patterns in SKILL.md.

Automated static check — not a guarantee. Review scripts before installing. It scans the text of SKILL.md for risky patterns (piping downloads into a shell, reading credential files, hidden Unicode, destructive commands); files beside SKILL.md are not scanned.

SKILL.md

The full file from questflowai/investorskills at commit 2844d78, republished under its MIT licence (© questflowai). 282 words, ~618 tokens.

Download SKILL.mdSave it as .claude/skills/marks-cycles/SKILL.md (or your agent's skills folder). This skill also uses 1 other file; get the full folder from GitHub.
name
marks-cycles
description
Use when evaluating markets through Howard Marks-style second-level thinking, credit cycles, risk premiums, market psychology, and defensive versus aggressive posture.
invest
./invest.md

Howard Marks Cycles

Use this skill to apply Howard Marks-style cycle and risk judgment: identify where markets are in the cycle, compare price to value and risk premium, and decide whether to be defensive or aggressive.

When To Use

Use this skill when the user asks for:

  • Market cycle diagnosis
  • Credit spread and risk premium review
  • Second-level thinking on a crowded view
  • Defensive or aggressive portfolio posture
  • Whether risk is being rewarded or ignored

Trigger phrases include Howard Marks, cycle, second-level thinking, risk premium, credit cycle, defensive, aggressive, and market psychology.

Do Not Use When

  • The user needs a precise technical entry only.
  • There is no market, valuation, credit, or sentiment context.
  • The user asks for a prediction without uncertainty ranges.
  • The setup requires leverage or forced timing.

Inputs Needed

  • Asset class or market
  • Valuation, yield, spread, or risk premium data
  • Credit conditions, liquidity, default risk, and refinancing risk if relevant
  • Sentiment, positioning, and consensus view
  • Portfolio exposure and drawdown tolerance if posture is requested

Process

  1. Identify the cycle: early, mid, late, stressed, panic, recovery.
  2. Separate first-level view from second-level view.
  3. Compare price, value, and risk premium.
  4. Assess market psychology: fear, greed, complacency, forced selling.
  5. Decide posture: defensive, neutral, opportunistic, or aggressive.
  6. Size by margin for error, not confidence alone.

Output Format

md
# Marks Cycle View: [Market]

## Verdict
Defensive / Neutral / Opportunistic / Aggressive / Stand Down

## Cycle Position

## First-Level vs Second-Level View

## Risk Premium

## Market Psychology

## Portfolio Posture

## What Would Change The View

## Missing Data

Guardrails

  • Do not forecast with false precision.
  • Do not treat high returns as low risk.
  • Do not become aggressive when risk is underpriced.
  • Do not become paralyzed during panic if compensation is attractive.
  • Always ask what is already in the price.

Questflow Use

In Questflow, this skill is best used as a portfolio posture and cycle-risk module across Funds, asset classes, and market regimes.

© questflowai, MIT. Rendered from Markdown: HTML in the file is shown as text, images as links, and headings moved down two levels. Raw file

Files

SKILL.md and 1 other file in skills/marks-cycles of questflowai/investorskills.

  • SKILL.md
  • invest.md

Open the folder on GitHubat commit 2844d78

Compare with similar skills

Marks Cycles next to the 5 skills that share the most tags, products or categories with it. Stars are the repository's; “used in” counts other GitHub owners with a copy.

Marks Cycles compared with similar skills
SkillStarsUsed inTokensAuto-checkLicenceRepo updated
Marks Cycles this skillquestflowai/investorskills1.9k—~618Automated safety check: PassMIT
Marketing Campaignaffaan-m/ECC275k1 repos~1.3kAutomated safety check: PassMIT
Market Researchalirezarezvani/claude-skills28k—~2.6kAutomated safety check: PassMIT
Arize Evaluatorgithub/awesome-copilot40k2 repos~8.1kAutomated safety check: NotesMIT
Market Sizing Analysiswshobson/agents40k1 repos~620Automated safety check: PassMIT
LLM Evaluationdavila7/claude-code-templates32k13 repos~3.5kAutomated safety check: PassMIT

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Questions about Marks Cycles

What does Marks Cycles do?

A skill your agent uses when evaluating markets through Howard Marks-style second-level thinking, credit cycles, risk premiums, market psychology, and defensive versus aggressive posture. Marks Cycles is an agent skill from questflowai/investorskills. Use when evaluating markets through Howard Marks-style second-level thinking, credit cycles, risk premiums, market psychology, and defensive versus aggressive posture.

When should I use Marks Cycles?

Marks Cycles fits situations like: evaluating markets through Howard Marks-style second-level thinking; market psychology; defensive versus aggressive posture.

How do I install Marks Cycles in Claude Code?

Run `npx skills add questflowai/investorskills --skill marks-cycles -a claude-code`. Or copy the skill folder (skills/marks-cycles in questflowai/investorskills) into .claude/skills/marks-cycles in your project. Claude Code loads it when a task matches its description.

How do I install Marks Cycles in Codex?

Run `npx skills add questflowai/investorskills --skill marks-cycles -a codex`. Or copy the skill folder (skills/marks-cycles in questflowai/investorskills) into .agents/skills/marks-cycles in your project. Codex loads it when a task matches its description.

Can I use Marks Cycles in Cursor, Gemini CLI or GitHub Copilot?

Cursor, Gemini CLI, GitHub Copilot and OpenCode also load SKILL.md folders. With the skills CLI, run `npx skills add questflowai/investorskills --skill marks-cycles -a cursor` (or -a gemini-cli, github-copilot or opencode for the others). To copy it by hand, put the folder in .cursor/skills/marks-cycles, .gemini/skills/marks-cycles, .github/skills/marks-cycles and .opencode/skills/marks-cycles in your project.

What does Marks Cycles need to run?

SKILL.md names no scripts, command-line tools or credentials: Marks Cycles is instructions for the agent only.

Does Marks Cycles access the network?

SKILL.md contains no URLs. Any network use would come from the scripts or tools the agent runs. This is read from the text; nothing was executed.

Is Marks Cycles safe to install?

Our automated static check of SKILL.md found no risky patterns, such as piping downloads into a shell, reading credential files or hidden Unicode. It is not a guarantee. Review the folder before installing.

What licence does Marks Cycles use?

Marks Cycles is published under the MIT licence (the repository's licence). It allows redistribution, so the full SKILL.md is shown on this page.

How many tokens does Marks Cycles use?

About 618 tokens (SKILL.md is roughly 2.5k characters). Agents keep only the skill's name and description in context until a task matches; then they load SKILL.md in full.

What are the alternatives to Marks Cycles?

Skills that share tags, products or a category with Marks Cycles: Marketing Campaign (affaan-m/ECC, 275k stars), Market Research (alirezarezvani/claude-skills, 28k stars), Arize Evaluator (github/awesome-copilot, 40k stars) and Market Sizing Analysis (wshobson/agents, 40k stars). The comparison table on this page puts their stars, adoption, token cost, safety result and licence side by side.

Who maintains Marks Cycles?

questflowai (a GitHub organization) maintains it in questflowai/investorskills, which has 1,896 GitHub stars. The repository holds 63 skills in this directory. The repository was last updated on August 23, 2026.

Source: questflowai/investorskills on GitHub. Facts on this page come from the repository at the commit we read; the author's words are quoted as theirs.