Picture 1 of 1
Picture 1 of 1
The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful I - GOOD
US $13.72
Condition:
Last One / 9 sold
Shipping:
Located in: Montgomery, Illinois, United States
Delivery:
Estimated between Tue, Jun 4 and Sat, Jun 8 to 43230
Returns:
Payments:
Special financing available. See terms and apply now- for PayPal Credit, opens in a new window or tab
Earn up to 5x points when you use your eBay Mastercard®. Learn moreabout earning points with eBay Mastercard
Shop with confidence
Seller assumes all responsibility for this listing.
eBay item number:274980588847
Item specifics
- Condition
- Brand
- Unbranded
- MPN
- Does not apply
- ISBN
- 9780231162845
- Publication Year
- 2013
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- Most Important Thing Illuminated : Uncommon Sense for the Thoughtful Investor
- Item Height
- 0.9in
- Item Length
- 9.3in
- Publisher
- Columbia University Press
- Item Width
- 6.3in
- Item Weight
- 17.4 Oz
- Number of Pages
- 248 Pages
About this product
Product Information
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
Product Identifiers
Publisher
Columbia University Press
ISBN-10
0231162847
ISBN-13
9780231162845
eBay Product ID (ePID)
117223542
Product Key Features
Publication Name
Most Important Thing Illuminated : Uncommon Sense for the Thoughtful Investor
Format
Hardcover
Language
English
Publication Year
2013
Type
Textbook
Number of Pages
248 Pages
Dimensions
Item Length
9.3in
Item Height
0.9in
Item Width
6.3in
Item Weight
17.4 Oz
Additional Product Features
Lc Classification Number
Hg4521.M3215 2012
Grade from
College Graduate Student
Reviews
Marks' 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 wisdome is joined by the comments, insights, and counterpoints of four renowned investors., If you take an exceptional talent and have them obsess about value investing for several decades -- including deep thinking about its very essence with written analysis along the way -- you may come up with a book as useful to value investors as this one. But don't count on it., The original is great, but if you're willing to spend a bit more money (eBook is $9.99), this new version does have a little more meat to it., This new edition does the nearly impossible; it takes an already classic text and makes it an even more indispensable tool for investors!, When I see memos from Howard Marks in my mail, they're the first thing I open and read. I always learn something, and that goes double for his book., If you take an exceptional talent and have them obsess about value investing for several decades-including deep thinking about its very essence with written analysis along the way- you may come up with a book as useful to value investors as this one. But don't count on it., Veteran value-investing manager Howard Marks draws on pithy memos he wrote to clients over the years to dispense insightful advice on everything from risk taking to the role of luck., If you take an exceptional talent and have them obsess about value investing for several decades--including deep thinking about its very essence with written analysis along the way-- you may come up with a book as useful to value investors as this one. But don't count on it., This new material, along with the added annotations, make the new edition a worthwhile purchase. All in all this new edition does the nearly impossible, it takes an already classic text and makes it an even more indispensable tool for investors!, Ultimately The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor is an outstanding read. I'll be referring back to it often. I'd say it's a must-have for every value investor., Warren Buffett calls Howard Marks' The Most Important Thing Illuminated 'that rarity, a useful book.' And as a researcher with a library of a couple hundred books myself, I couldn't agree more....This is a book I recommend you keep on your desk.
Table of Content
Introduction The Most Important Thing Is... 1. Second-Level Thinking 2. Understanding Market Efficiency (and Its Limitations) 3. Value 4. The 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. Pulling It All Together
Copyright Date
2012
Topic
Personal Finance / Money Management, Personal Finance / Investing, Investments & Securities / Portfolio Management, Decision-Making & Problem Solving, Investments & Securities / Analysis & Trading Strategies, Investments & Securities / Stocks, Investments & Securities / General
Lccn
2012-003076
Dewey Decimal
332.6
Intended Audience
Scholarly & Professional
Dewey Edition
23
Illustrated
Yes
Genre
Business & Economics
Item description from the seller
Seller assumes all responsibility for this listing.
eBay item number:274980588847
Shipping and handling
Item location:
Montgomery, Illinois, United States
Ships to:
Canada, Mexico, United States
Excludes:
Africa, Asia, Barbados, Bermuda, Central America and Caribbean, Europe, French Guiana, French Polynesia, Greenland, Guadeloupe, Libya, Martinique, Middle East, New Caledonia, Oceania, Reunion, Russian Federation, Saint Pierre and Miquelon, South America, Southeast Asia, Ukraine, Venezuela
| Shipping and handling | To | Service | Delivery*See Delivery notes |
|---|---|---|---|
| Free shipping | United States | Economy Shipping (USPS Media MailTM) | Estimated between Tue, Jun 4 and Sat, Jun 8 to 43230 |
| US $4.95 | United States | Standard Shipping (DGM SmartMail Expedited) | Estimated between Thu, Jun 6 and Tue, Jun 11 to 43230 |
| US $10.95 | United States | Expedited Shipping (FedEx 2Day®) | Estimated between Fri, May 31 and Sat, Jun 1 to 43230 |
| Handling time |
|---|
| Will usually ship within 1 business day of receiving cleared payment. |
| Taxes |
|---|
| Taxes may be applicable at checkout. Learn moreLearn more about paying tax on eBay purchases. |
Return policy
| After receiving the item, contact seller within | Refund will be given as | Return shipping |
|---|---|---|
| 30 days | Money Back | Seller pays for return shipping |
Refer to eBay Return policyopens in a new tab or window for more details. You are covered by the eBay Money Back Guaranteeopens in a new tab or window if you receive an item that is not as described in the listing.
Payment details
Payment methods
Popular categories from this store
Seller feedback (5,927,033)
a***a (170)- Feedback left by buyer.
Past month
Verified purchase
This is an outstanding seller to deal with. Fair prices that are more than reasonable in this economy. The product is in better condition than described, a true value for my money. Packaged and shipped well shows seller has concern for the products he sells to arrive in excellent condition. The seller is friendly and communicates timely with his customers. I highly recommend this seller and would do business again anytime. Thank you.
5***u (3384)- Feedback left by buyer.
Past month
Verified purchase
🏆 SUPER STAR 🤩 AMAZING PHOTOS 🎯 ACCURATE DESCRIPTION ✏️ GENUINE PRODUCTS 💎 HIGH QUALITY 🍯 SUPER PRICES 💰 EASY TO WORK WITH 🍰 ECONOMY HANDLING ⏱️ FAST SHIPPING 🚀 BUBBLE PACKAGE 📦 ARRIVED WITHIN DAYS 🌎 EXCEPTIONAL COMMUNICATION 🎙️ OUTSTANDING CUSTOMER SERVICE 🛎️ GREAT SENSE OF HUMOR 🍿 TOTAL ASSET TO THE EBAY-ECO SYSTEM 🥇 SAVED SELLER 🎱 PROMT REPLY FOR RETURNS 🎯 WOULD BUY FROM AGAIN 🧲 UNDER PROMISES OVER DELIVERS ⛳️ MADE ME VERY HAPPY 🌈 LEFT POSITIVE FEEDBACK 🌼 THANK YOU! 😇 A+++
z***z (602)- Feedback left by buyer.
Past 6 months
Verified purchase
🏆 SUPER STAR 🤩 AMAZING PHOTOS 🎯 ACCURATE DESCRIPTION ✏️ GENUINE PRODUCTS 💎 HIGH QUALITY 🍯 SUPER PRICES 💰 EASY TO WORK WITH 🍰 ECONOMY HANDLING ⏱️ FAST SHIPPING 🚀 BUBBLE PACKAGE 📦 ARRIVED WITHIN DAYS 🌎 EXCEPTIONAL COMMUNICATION 🎙️ OUTSTANDING CUSTOMER SERVICE 🛎️ GREAT SENSE OF HUMOR 🍿 TOTAL ASSET TO THE EBAY-ECO SYSTEM 🥇 SAVED SELLER 🎱 PROMT REPLY FOR RETURNS 🎯 WOULD BUY FROM AGAIN 🧲 UNDER PROMISES OVER DELIVERS ⛳️ MADE ME VERY HAPPY 🌈 LEFT POSITIVE FEEDBACK 🌼 THANK YOU! 😇 A+++
Product ratings and reviews
Most relevant reviews
- Jan 12, 2021
Money in the bank..
Verified purchase: YesCondition: Pre-OwnedSold by: goodwillrs
More to explore :
- Illuminated Antiquarian & Collectible Books,
- Illuminated Original Antiquarian & Collectible Books,
- Illuminated Antiquarian & Collectible Books in English,
- Illuminated Hardcover Antiquarian & Collectible Books,
- Illuminated 1950-Now Antiquarian & Collectible Books,
- Where the Wild Things Are Fiction Fiction & Nonfiction Books,
- Good Housekeeping Magazines,
- I Wonder Why Nonfiction Fiction & Books,
- Good Housekeeping Magazines 1940-1979,
- Good Housekeeping Magazines 1980-1999