The Most Important Thing: Uncommon Sense for The Thoughtful Investor

Howard Marks

HarperBusiness, Aug 25, 2018 - Business & Economics - 194 pages

Legendary investor Howard Marks is chairman and co-founder of Oaktree Capital Management, which has $100 billion under management. He is 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, 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.

What people are saying

LibraryThing Review

User Review  - browner56 - LibraryThing

If you were to ask most people to name their top ten favorite novelists, movie stars, or musical performers, there may not be a lot of agreement across the lists they’d create, but no one would have ...

In need of an editor.

User Review  - djgmd - Overstock.com

This 180 page book could easily be edited down to a 20 page article without loss of value. One must be suspicious of the value of the investment advice given by such a ripoff artist.

About the author

Howard Marks is chairman and co-founder of Oaktree Capital Management, a Los Angeles-based investment firm with $100 billion under management. He holds a bachelor's degree in finance from the Wharton School and an MBA in accounting and marketing from the University of Chicago.

Bibliographic information

• Title: The Most Important Thing: Uncommon Sense for The Thoughtful Investor
• Author: Howard Marks
• Publisher: HarperBusiness, 2018
• ISBN: 9353022800, 9789353022808
• Length: 194 pages
• Subjects: Business & Economics / E-Commerce / Online Trading