The Most Important Thing Illuminated

Written By Howard Marks
The Most Important Thing Illuminated
  • Publsiher : Columbia University Press
  • Release : 15 January 2013
  • ISBN : 023153079X
  • Pages : 248 pages
  • Rating : 2.5/5 from 2 reviews
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Read or download book entitled The Most Important Thing Illuminated written by Howard Marks which was release on 15 January 2013, this book published by Columbia University Press. Available in PDF, EPUB and Kindle Format. Book excerpt: 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 and issues. A new chapter addresses the importance of reasonable expectations, and a foreword by Bruce C. Greenwald, called "a guru to Wall Street's gurus" by the New York Times, speaks on value investing, productivity, and the economics of information. *** 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. "This is that rarity, a useful book."--Warren Buffett

The Most Important Thing Illuminated

The Most Important Thing Illuminated
  • Author : Howard Marks
  • Publisher : Columbia University Press
  • Release Date : 2013-01-15
  • Total pages : 248
  • ISBN : 023153079X
GET BOOK

Summary : 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 ...

The Illuminated Book

The Illuminated Book
  • Author : David Diringer,Reinhold Regensburger
  • Publisher : London : Faber and Faber
  • Release Date : 1967
  • Total pages : 514
  • ISBN : 023153079X
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Summary : Download or read online The Illuminated Book written by David Diringer,Reinhold Regensburger, published by London : Faber and Faber which was released on 1967. Get The Illuminated Book Books now! Available in PDF, ePub and Kindle....

Congressional Serial Set

Congressional Serial Set
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 1912
  • Total pages : 212
  • ISBN : 023153079X
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Summary : Reports, Documents, and Journals of the U.S. Senate and House of Representatives....

The Bibliographical Decameron Or Ten Days Pleasant Discourse Upon Illuminated Manuscripts and Subjects Connected with Early Engraving Typography and Bibliography By the Rev T F Dibdin Vol 1 3

The Bibliographical Decameron  Or  Ten Days Pleasant Discourse Upon Illuminated Manuscripts  and Subjects Connected with Early Engraving  Typography  and Bibliography  By the Rev  T  F  Dibdin  Vol 1    3
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 1817
  • Total pages : 410
  • ISBN : 023153079X
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Summary : Download or read online The Bibliographical Decameron Or Ten Days Pleasant Discourse Upon Illuminated Manuscripts and Subjects Connected with Early Engraving Typography and Bibliography By the Rev T F Dibdin Vol 1 3 written by , published by which was released on 1817. Get The Bibliographical Decameron Or Ten Days Pleasant Discourse Upon Illuminated ...

The World s History Illuminated

The World s History Illuminated
  • Author : Israel Smith Clare
  • Publisher : Unknown
  • Release Date : 1897
  • Total pages : 212
  • ISBN : 023153079X
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Summary : Download or read online The World s History Illuminated written by Israel Smith Clare, published by which was released on 1897. Get The World s History Illuminated Books now! Available in PDF, ePub and Kindle....

The Century

The Century
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 1880
  • Total pages : 212
  • ISBN : 023153079X
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Summary : Download or read online The Century written by , published by which was released on 1880. Get The Century Books now! Available in PDF, ePub and Kindle....

Scribners Monthly

Scribners Monthly
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 1880
  • Total pages : 212
  • ISBN : 023153079X
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Summary : Download or read online Scribners Monthly written by , published by which was released on 1880. Get Scribners Monthly Books now! Available in PDF, ePub and Kindle....

The Century Illustrated Monthly Magazine

The Century Illustrated Monthly Magazine
  • Author : Josiah Gilbert Holland,Richard Watson Gilder
  • Publisher : Unknown
  • Release Date : 1880
  • Total pages : 212
  • ISBN : 023153079X
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Summary : Download or read online The Century Illustrated Monthly Magazine written by Josiah Gilbert Holland,Richard Watson Gilder, published by which was released on 1880. Get The Century Illustrated Monthly Magazine Books now! Available in PDF, ePub and Kindle....

Parliamentary Papers

Parliamentary Papers
  • Author : Great Britain. Parliament. House of Commons
  • Publisher : Unknown
  • Release Date : 1879
  • Total pages : 212
  • ISBN : 023153079X
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Summary : Download or read online Parliamentary Papers written by Great Britain. Parliament. House of Commons, published by which was released on 1879. Get Parliamentary Papers Books now! Available in PDF, ePub and Kindle....

The Illuminated Leader

The Illuminated Leader
  • Author : Ph. D. Robert Boggs
  • Publisher : iUniverse
  • Release Date : 2008-10
  • Total pages : 160
  • ISBN : 023153079X
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Summary : The Illuminated Leader transforms people, cultures, organizations, and even nations. The illuminated leader models leadership behaviors and traits designed to enlighten others. The behaviors and traits of the illuminated leader include: Courage - they make the right decision even when the decision is unpopular with others. Transformation - they are ...

The Illuminated Soul

The Illuminated Soul
  • Author : Aryeh Lev Stollman
  • Publisher : Unknown
  • Release Date : 2003
  • Total pages : 274
  • ISBN : 023153079X
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Summary : A few years after the Second World War, a stranger enters the lives of Joseph Ivri and his family in Windsor, Canada. A dazzling beauty telling tales of wondrous places and wartime dangers, Eva carries with her, at great risk, the renowned Augsburg Miscellany - a magnificent 15th century illuminated ...

Illuminating Engineering Practice

Illuminating Engineering Practice
  • Author : Illuminating Engineering Society
  • Publisher : Unknown
  • Release Date : 1917
  • Total pages : 578
  • ISBN : 023153079X
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Summary : Download or read online Illuminating Engineering Practice written by Illuminating Engineering Society, published by which was released on 1917. Get Illuminating Engineering Practice Books now! Available in PDF, ePub and Kindle....

The National and Domestic History of England

The National and Domestic History of England
  • Author : William Hickman Smith Aubrey
  • Publisher : Unknown
  • Release Date : 1867
  • Total pages : 1023
  • ISBN : 023153079X
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Summary : Download or read online The National and Domestic History of England written by William Hickman Smith Aubrey, published by which was released on 1867. Get The National and Domestic History of England Books now! Available in PDF, ePub and Kindle....

Rural Sermons Inspiring Sermons Illuminated by Things of Nature Well Known to All Farmers

Rural Sermons  Inspiring Sermons Illuminated by Things of Nature Well Known to All Farmers
  • Author : Harry Benton
  • Publisher : Unknown
  • Release Date : 1926
  • Total pages : 288
  • ISBN : 023153079X
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Summary : Download or read online Rural Sermons Inspiring Sermons Illuminated by Things of Nature Well Known to All Farmers written by Harry Benton, published by which was released on 1926. Get Rural Sermons Inspiring Sermons Illuminated by Things of Nature Well Known to All Farmers Books now! Available in PDF, ePub and ...

Spoken English Illuminated

Spoken English Illuminated
  • Author : Andrew M. Wilkinson,Alan Davies,Deborah Berrill
  • Publisher : Unknown
  • Release Date : 1990
  • Total pages : 161
  • ISBN : 023153079X
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Summary : A study of spoken English which explores oral work such as argument, story-telling, exposition and group discussion. It crosses the curriculum from arts to science and examines pre-school language as well as classroom oracy. The book contains case-studies for teaching and assessing....