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The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor


Howard Marks's The Most Important Thing distilled the investing insight of his celebrated client memos into a single volume and, for the first time, made his time-tested philosophy available to general readers. In this edition, Marks's wisdom is joined by the comments, insights, and counterpoints of four renowned investors and investment educators: Christopher C. Davis (Davis Funds), Joel Greenblatt (Gotham Capital), Paul Johnson (Nicusa Capital), and Seth A. Klarman (Baupost Group). These experts lend insight into such concepts as "second-level thinking," the price/value relationship, patient opportunism, and defensive investing. Marks also adds his own annotations, expanding on his book's original themes....

Author(s): Howard Marks  

ISBN 10: 0231162847
ISBN 13: 9780231162845
Pages: 248
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Other books by Howard Marks

1. Mastering the Market Cycle
2. The Most Important Thing

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