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Details
| Document Type: | Book |
|---|---|
| All Authors / Contributors: |
Howard Marks; Christopher C Davis; Bruce C N Greenwald |
| ISBN: | 9780231162845 0231162847 9780231530798 023153079X |
| OCLC Number: | 775590881 |
| Description: | xvi, 226 p. ; 24 cm. |
| Contents: | Second-level thinking -- Understanding market efficiency (and its limitations) -- Value -- The relationship between price and value -- Understanding risk -- Recognizing risk -- Controlling risk -- Being attentive to cycles -- Awareness of the pendulum -- Combating negative influences -- Contrarianism -- Finding bargains -- Patient opportunism -- Knowing what you don't know -- Having a sense for where we stand -- Appreciating the role of luck -- Investing defensively -- Avoiding pitfalls -- Adding value -- Reasonable expectations -- Pulling it all together. |
| Responsibility: | Howard Marks ; annotated by Christopher C. Davis ... [et .al] ; [foreword by Bruce C. Greenwald]. |
| More information: |
Reviews
Publisher Synopsis
When I see memos from Howard Marks in my mail, they're the first thing I open and read. I always learn something, and that goes double for his book. -- Praise for The Most Important Thing, Warren Buffett, Chairman and CEO, Berkshire Hathaway If you take an exceptional talent and have them obsess about value investing for several decades -- including deep thinking about its very essence with written analysis along the way -- you may come up with a book as useful to value investors as this one. But don't count on it. -- Praise for The Most Important Thing, Jeremy Grantham, Cofounder and Chief Investment Strategist, Grantham Mayo Van Otterloo A clear and expert resource for all investors. -- Praise for The Most Important Thing Kirkus Reviews Veteran value-investing manager Howard Marks draws on pithy memos he wrote to clients over the years to dispense insightful advice on everything from risk taking to the role of luck. -- Praise for The Most Important Thing Money Magazine The original is great, but if you're willing to spend a bit more money (eBook is #9.99), this new version does have a little more meat to it. My Money Blog 5/16/2012 I recommend this book to all who aspire after value investing. Aleph Blog / Money Science 4/13/2012 This new edition does the nearly impossible; it takes an already classic text and makes it an even more indispensable tool for investors! FocusInvestor.com 4/12/12 Ultimately The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor is an outstanding read. I'll be referring back to it often. I'd say it's a must-have for every value investor. Seeking Alpha 9/3/2012 Read more...