The Most Important Thing

The Most Important Thing

Share

Marks, Howard Columbia University Press, 2011 Audio summary available
Price: $99.
Subscribe
Price:
$9.95

IN THIS SUMMARY

In The Most Important Thing, Howard Marks details his own investment philosophy based on his experience as founder and chairman of Oaktree Capital Management and a successful money manager. His overall philosophy is drawn from a series of memos written to clients of Oaktree. Marks makes it clear that successful investing requires thoughtful consideration of many separate aspects about an investment. The book is not a step-by-step investment guide but instead offers insights into return, risk, and process to help investors make better decisions and avoid common pitfalls. His insights are meant to be thought-provoking, controversial, and somewhat contrarian to established wisdom.