Holdings Information

Bibliographic Record Display

• Title:The most important thing illuminated : uncommon sense for the thoughtful investor / Howard Marks ; annotated by Christopher C. Davis ... [et .al] ; [foreword by Bruce C. Greenwald].
  
•    
• Author/Creator:Marks, Howard, 1946-
  
• Other Contributors/Collections:Davis, Christopher C.
  Greenwald, Bruce C., 1946-
  
• Published/Created:New York : Columbia Business School Pub., ©2013.
  

• Holdings

  Holdings Record Display

  • Location: c.1  DAVID LAM LIBRARY stacksWhere is this?
    
  • Call Number: HG4521 .M3215 2013
    
  • Number of Items:1
    
  • Status:c.1 Lost - 04-07-2023
    

   
• Library of Congress Subjects:Investments.
  Portfolio management.
  Investment analysis.
  Risk management.
  
• Description:xvi, 226 pages ; 24 cm
  
• 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 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.
  
• Notes:Includes bibliographical references.
  
• ISBN:9780231162845 (cloth ; alk. paper)
  0231162847 (cloth ; alk. paper)
  9780231530798 (e-book)
  023153079X (e-book)
  
• Contents:Machine generated contents note: MOST IMPORTANT THING IS...
  1. Second-Level Thinking
  2. Understanding Market Efficiency (and Its Limitations)
  3. Value
  4. Relationship Between Price and Value
  5. Understanding Risk
  6. Recognizing Risk
  7. Controlling Risk
  8. Being Attentive to Cycles
  9. Awareness of the Pendulum
  10. Combating Negative Influences
  11. Contrarianism
  12. Finding Bargains
  13. Patient Opportunism
  14. Knowing What You Don't Know
  15. Having a Sense for Where We Stand
  16. Appreciating the Role of Luck
  17. Investing Defensively
  18. Avoiding Pitfalls
  19. Adding Value
  20. Reasonable Expectations
  21. Pulling It All Together.