Go Advanced Search
 

Buy from a third party:




Learn More About
Find More Titles by
This Author: Howard Marks
This Narrator: John FitzGibbon
This Publisher: Audible.com

The Most Important Thing by Howard Marks

The Most Important Thing

Uncommon Sense for The Thoughtful Investor

by Howard Marks


Video About This Audio Book



Product Details

Author
Narrator
Publisher
 
Unabridged Edition
Running Time
7 Hrs. 9 Min.
Share This

Description

Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. Now for the first time, all listeners can benefit from Marks's wisdom, concentrated into a single volume that speaks to both the amateur and seasoned investor.

Informed by a lifetime of experience and study, The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career. Using passages from his memos to illustrate his ideas, Marks teaches by example, detailing the development of an investment philosophy that fully acknowledges the complexities of investing and the perils of the financial world. Brilliantly applying insight to today's volatile markets, Marks offers a volume that is part memoir, part creed, with a number of broad takeaways. Marks expounds on such concepts as "second-level thinking", the price/value relationship, patient opportunism, and defensive investing. Frankly and honestly assessing his own decisions - and occasional missteps - he provides valuable lessons for critical thinking, risk assessment, and investment strategy.

Encouraging investors to be "contrarian", Marks wisely judges market cycles and achieves returns through aggressive yet measured action. Which element is the most essential? Successful investing requires thoughtful attention to many separate aspects, and each of Marks's subjects proves to be the most important thing.


People Who Liked The Most Important Thing Also Liked These Free Titles:
  You Need a Budget Podcast
by Jesse Mecham

Reviews & Ratings
User Reviews         Rate this title  

More Details

  • Published: August 2012
  • LearnOutLoud.com Product ID: T063316
Available On
Volumes
ISBN-10
ISBN-13
Download