A review by vhindy
The Most Important Thing: Uncommon Sense for the Thoughtful Investor by Howard Marks

challenging hopeful informative inspiring reflective medium-paced

4.25

Great book and definitely would recommend. It is centered more around the philosophy of investing and what makes for a successful investing career that will span decades.

I constantly found myself writing down notes of wisdom that I will carry with me in my investing journey.

Marks writes in a way that can make a dry subject appear engaging and easy to understand. That being said, he doesn’t dive into formulas but provides you with his insights into the human psychology that prevents an average investor from succeeding and how you, if you can resist it, can get superior results.

I would say this book is for people who have a baseline knowledge on security analysis and a beginning investor would get more from it if they waited until they became more familiar with valuing securities themselves.