Howard Marks: The Most Important Thing: Uncommon Sense for the Thoughtful Investor

The Most Important Thing: Uncommon Sense for the Thoughtful Investor


Description

"This is that rarity, a useful book."--Warren Buffett 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 readers 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. Utilizing 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.

This is the most accessible work in English on the greatest mystical poet of Islam, providing a survey of the basic Sufi and Islamic doctrines concerning God and the world, the role of man in The Most Important Thing: Uncommon Sense for the Thoughtful Investor pdf the cosmos, the need for religion, man s ultimate becoming, the states and stations of the mystical ascent to God, and the means whereby literature employs symbols to express unseen realities. William Chittick translates into English for the first time certain aspects of Rumi s work. He selects and rearranges Rumi s poetry and prose in order to leave aside unnecessary complications characteristic of other English translations and to present Rumi s ideas in an orderly fashion, yet in his own words. Thorough, nontechnical introductions to each chapter, and selections that gradually present a greater variety of terms and images, make this work easily accessible to those interested in the spirituality of any tradition."


____________________________
Author: Howard Marks
Number of Pages: 200 pages
Published Date: 01 Jun 2011
Publisher: Columbia University Press
Publication Country: New York, United States
Language: English
ISBN: 9780231153683
Download Link: Click Here
____________________________

Tags:

free pdf, free pdf, zip, facebook,download ebook The Most Important Thing: Uncommon Sense for the Thoughtful Investor by Howard Marks fb2,kindle, for PC, iPad, free ebook, rarfor mac,download epub, pocket, Howard Marks free ebook,mobi, download pdf, ebook, ebook pdf, book review, paperback, download torrent, download book, iPhone, fb2, iOS, download ebook, Read online,The Most Important Thing: Uncommon Sense for the Thoughtful Investor kindle,epub download,

Busy People: Police Officer
In Ecstasy