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The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

Condition: BRAND NEW
ISBN: 9780231162845
Author(s): Howard Marks
Format: Hardcover
Year: 2013
Publisher: Columbia University Press
Dimensions: 155 x 231 x 23 (w x l x h)
Pages: 248
Series: Columbia Business School Publishing

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Description:
In May of 2011, Columbia Business School Publishing published Howard Marks's "The Most Important Thing." Distilling the wisdom of Marks's celebrated client memos into a single volume and, for the first time, making his time-tested investing philosophy available to general readers, the book was widely acclaimed by professional, casual, aspiring, and armchair investors — and became a business bestseller.

Columbia Business School Publishing is proud to announce an innovative digital edition (with a print version to come in 2013) of Marks's volume that allows readers to read the author's words alongside 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 the book's original themes and issues. This digital edition includes a new, twenty-first chapter on the importance of reasonable expectations, as well as a foreword by Bruce C. Greenwald, called "a guru to Wall Street's gurus" by the "New
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