{"product_id":"most-important-thing-uncommon-sense-for-the-thoughtful-investor","title":"Most Important Thing: Uncommon Sense for the Thoughtful Investor","description":"\u003cbody\u003e\n\u003cb\u003eTitle: \u003c\/b\u003eMost Important Thing: Uncommon Sense for the Thoughtful Investor\n\u003cbr\u003e\u003cb\u003eAuthor: \u003c\/b\u003eHoward Marks\n\u003cbr\u003e\u003cb\u003eISBN: \u003c\/b\u003e9780231153683\n\u003cbr\u003e\u003cb\u003ePublisher: \u003c\/b\u003eColumbia Business School Publishing\n\u003cbr\u003e\u003cb\u003ePublished: \u003c\/b\u003e2011\n\u003cbr\u003e\u003cb\u003eBinding: \u003c\/b\u003eHardcover\n\u003cbr\u003e\u003cb\u003eLanguage: \u003c\/b\u003eEnglish\n\u003cbr\u003e\u003cb\u003eEdition: \u003c\/b\u003eIllustrated\n\u003cbr\u003e\u003cb\u003eNumber of Pages: \u003c\/b\u003e200\n\u003cbr\u003e\u003cb\u003eCondition Note: \u003c\/b\u003eExcellent, unmarked copy with little wear and tight binding. We ship in recyclable American-made mailers. 100% money-back guarantee on all orders.\n\u003cbr\u003e\u003cb\u003ePublisher Description: \u003c\/b\u003e\u003cp\u003e\"This is that rarity, a useful book.\"--Warren Buffett \u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003eHoward 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. \u003cp\u003e\u003c\/p\u003eInformed by a lifetime of experience and study, \u003ci\u003eThe Most Important Thing\u003c\/i\u003e 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. \u003cp\u003e\u003c\/p\u003eMarks 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 \u003ci\u003ethe most important thing\u003c\/i\u003e.\u003c\/body\u003e","brand":"Columbia Business School Publishing","offers":[{"title":"Most Important Thing: Uncommon Sense for the Thoughtful Investor | Howard Marks | Hardcover | 9780231153683 | Used: Like New | Back Stacks I 1790519","offer_id":68005347819672,"sku":"1790519","price":12.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0492\/1609\/4360\/files\/610UurWugeL.jpg?v=1794705786","url":"https:\/\/roundaboutbookstore.com\/products\/most-important-thing-uncommon-sense-for-the-thoughtful-investor","provider":"Roundabout Books","version":"1.0","type":"link"}