The Most Important Thing

The Most Important thing - by Howard Marks'Uncommon Sense for the Thoughtful Investor' Howard Marks is the Founder of Oaktree Capital Management, who hold US$122 billion in assets under management. This book is a compilation of all his investment philosophies, which can be applied to help you make better decisions when investing money, time or energy. There isn't any step-by-step instructions, just advice on ways to thinking to avoid the many pitfalls that most investors fall in. In this episode we cover:Second level thinkingUnderstanding market efficiency,Understanding, recognising and controlling risk,Combatting the negative influences of human nature, andKnowing what you don't know Hosted on Acast. See acast.com/privacy for more information.