书籍 The Most Important Thing的封面

The Most Important Thing

Howard Marks

出版时间

2011-04-30

ISBN

9780231153683

评分

★★★★★

标签

投资

书籍介绍

"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.

用户评论
不负盛名
kindle第11本。可以当手册用,随时翻翻,哈哈
他们这波价值投资者,是有自己的投资哲学的,但是不够深,当然,能够很好地执行那个哲学,一定是可以在投资中盈利的。我的意思也不是说哲学思辨越深刻,利润率就越高。
the most imoortant thing is low price
The Most Important Thing Is Pulling It All Together
老爸强推的。重塑了我的思考方式和看待市场的角度。反观自己2年来进入股市,犯下了不少错误。经历了这些错误,反而更能理解书里的逻辑。准备时不时拿出来重读一下!读完这书的时间点也很微妙—— 美股狂跌😭
So Illuminating as how the names indicates!
必读书目
notes拼凑之作略浅显
Second Level Thinking