EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)]

I must admit that I

Am A Sucker For Anything 
a sucker for anything Warren Buffet endorses I have read numerous books over the years on investing and this is one of the Warren Buffet endorses I have read numerous books over the years on investing and this is one of the It reminds me of when I read the intelligent investor for the first time by expanding my investment horizon This is the type of book that I will read like the intelligent investor at least once a year to make sure I don t forget any of the valuable lessons between its pages Buyer beware this book is not oing to show you exactly how to value companies but instead will ive you a sound investing philosophy to follow Buy this book you will not be disappointed The book has wonderful insi. 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 pricevalue 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 reuires thoughtful attention to many separate aspects and each of Marks's subjects proves to be the most important thing. ,

The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)Ghts for the would be investor Some snippets which I found particularly insightful include1 Efficient Market Hypothesis is not completely accurate in certain situations2 This is because as humans we particularly insightful include1 Efficient Market Hypothesis is not completely accurate in certain situations2 This is because as humans we not only with information but also with emotions psychology3 Therefore we need to focus on those assets where there might be divergence from the Efficient Market Hypothesis4 For that we need a Second Level thinking not necessarily contrarian but different from the lot5 Price is different from Value Price is a function of fundamentals and market psychology While Value is mainly a function of fundamentals6 The relationship between Risk and function of fundamentals and market psychology While Value is mainly a function of fundamentals6 The relationship between Risk and 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 explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career Utilizing passages from 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 pricevalue 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 reuires thoughtful attention to many separate aspects and each of Marks's subjects proves to be the most important thing. Eturn is not completely linear Higher Risk entails an element of higher losses too which we element of higher losses too which we to ignore assuming a linear relation7 A ood portfolio considers Risk holistically and balances hedges it appropriately8 Fundamentally markets operate in cycles People can benefit from them if they are attuned9 understand the them if they are attuned9 Understand the pitfalls and your own limitations around investing10 Appreciate the role of luck which stops you from
Becoming OverconfidentNo Wonder Warren Buffet 
overconfidentNo wonder Warren Buffet it Having observed the market I could relate to many of the ideas mentioned here This book provides Blue Guide gooduidance for anybody who wants to et into investin. 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 pricevalue 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 reuires thoughtful attention to many separate aspects and each of Marks's subjects proves to be the most important thing. .

Howard Marks ç 5 Summary

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5 thoughts on “EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)]

  1. says: EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)]

    EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)] This book is not so much about fancy academic financial calculations Nor does it provide a single trick that guarantees astronomical profits However it does go back to the basics and stresses several key principles for survival in financial markets As such there is not a single important thing in investing to which I do agree I was less ple

  2. says: review The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing) Howard Marks ç 5 Summary Free download Õ PDF, eBook or Kindle ePUB free ç Howard Marks

    Howard Marks ç 5 Summary EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)] The book has wonderful insights for the would be investor Some snippets which I found particularly insightful include1 Efficient Market Hypothesis is not completely accurate in certain situations2 This is because as humans we deal not only with information but also with emotions psychology3 Therefore we need to focus on those assets where there might be divergence from the Efficient Market Hypothesis4 For that

  3. says: EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)]

    Free download Õ PDF, eBook or Kindle ePUB free ç Howard Marks Howard Marks ç 5 Summary EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)] I don't often write positive reviews being a value investor with a negative disposition However this book has prompted me to do so You need to know I read incessantly and have been investing for 15 years so I was not looking at this as a beginner looking for an investing guide This book is definitely not an investment guide book I have also read this author's memos to his clients at Oaktree Capital on which much of the

  4. says: EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)] Free download Õ PDF, eBook or Kindle ePUB free ç Howard Marks review The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)

    Free download Õ PDF, eBook or Kindle ePUB free ç Howard Marks Howard Marks ç 5 Summary EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)] The Most Important Thing is a timeless piece of work You will be glad to read such a book I can’t show enough appreciation and respect to the author Howard Marks for sharing so much with us we have no excuses not to succeed in life especially with our investments and trading Absolutely fantastic lessons A re read at least multiple times a year

  5. says: EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)]

    EBOOK [The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)] I must admit that I am a sucker for anything that Warren Buffet endorses I have read numerous books over the years on investing and this is one of the best It reminds me of when I read the intelligent investor for the first time by expanding my investment horizon This is the type of book that I will read like the intellige

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