Marks, Howard
The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)
- ISBN 13:
- 9780231162845
- author:
- Marks, Howard
- format:
- HardBack
- publisher:
- Columbia University Press
- language:
- English
- Publication Year:
- 2013
- Pages:
- 224
- Dimensions:
- 15.2 x 2.3 x 22.9 cm
- Genre:
- Business, Finance & Law, Economics,
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
Howard Marks's The Most Important Thing offers valuable insights into successful investment and the pitfalls that can destroy capital. This collection of essays distills the investing wisdom of renowned investor Howard Marks, chairman and co-founder of Oaktree Capital Management, into a single volume. For the first time, Marks shares his time-tested philosophy with general readers, joined by commentary from four prominent investors and educators. The book explores key concepts such as "second-level thinking," the price/value relationship, patient opportunism, and defensive investing, providing a comprehensive understanding of fundamental investment principles. Marks also adds his own annotations, expanding on original themes and issues, including the importance of reasonable expectations. A foreword by Bruce C. Greenwald provides additional perspective on value investing, productivity, and the economics of information, making this book an informative resource for both amateur and seasoned investors.