Most Important Thing Uncommon Sense for the Thoughtful Investor

Name: Most Important Thing Uncommon Sense for the Thoughtful Investor
Price: 8.69 USD
Availability: InStock
ISBN: 9780231153683

ISBN-10: 0231153686

ISBN-13: 9780231153683

Edition: 2011

Authors: Howard Marks

List price: $25.00

30 day, 100% satisfaction guarantee!

Buy new: $21.02

Marketplace

5 new & used from $8.69

what's this?

Rush Rewards U
Members Receive:

You have reached 400 XP and carrot coins. That is the daily max!

Description:

Chairman and cofounder of Oaktree Capital Management, Howard Marks has been linked to Warren Buffett for his lucid assessments of market opportunities and risks. His memos to clients have long been consulted by the world's leading value investors. Now he brings his insightful commentary and investment philosophy to everyone. Informed by a lifetime of experience and study, Marks helps readers understand the keys to investment success and how to avoid the pitfalls that can destroy capital or ruin a career. Utilizing passages from his memos to illustrate his ideas, he teaches by example. Part memoir, part creed, the book shows the development of an investment philosophy that fully acknowledges…

Book details

List price: $25.00
Copyright year: 2011
Publisher: Columbia University Press
Publication date: 5/17/2011
Binding: Hardcover
Pages: 200
Size: 6.54" wide x 9.21" long x 0.76" tall
Weight: 0.946
Language: English



Introduction


The Most Important Thing Is…



Second-Level Thinking



Understanding Market Efficiency (and Its Limitations)



Value



The Relationship Between Price and Value



Understanding Risk



Recognizing Risk



Controlling Risk



Being Attentive to Cycles



Awareness of the Pendulum



Combating Negative Influences



Contrarianism



Finding Bargains



Patient Opportunism



Knowing What You Don't Know



Having a Sense for Where We Stand



Appreciating the Role of Luck



Investing Defensively



Avoiding Pitfalls



Adding Value



Pulling It All Together