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The Most Important Thing
87% of respondents would recommend this to a friend
KZT 10589
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Информация о продукте
| Publisher | Harper Collins India |
| Publication date | August 25, 2018 |
| Language | English |
| Print length | 194 pages |
| ISBN-10 | 9353022797 |
| ISBN-13 | 978-9353022792 |
| Item Weight | 7.7 ounces (218.3 grams) |
| Dimensions | 9.33 x 6.26 x 0.79 inches (23.7 x 15.9 x 2 cm) |
Who Should Buy?
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Investors Seeking Insight
Ideal for investors wanting to deepen their understanding of risk management and decision-making in investments.
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Finance Students
Perfect for students studying finance who need foundational knowledge on investing principles and strategies.
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Self-Improvement Enthusiasts
Beneficial for individuals interested in personal development and improving their financial literacy and mindset.
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Casual Readers
Not suitable for those seeking light reading or entertainment, as it focuses on financial concepts and strategies.
ОПИСАНИЕ ТОВАРА
The Most Important Thing
Вопросы и ответы клиентов
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Corporate Finance Editorial Review
In "The Most Important Thing," Howard Marks presents a comprehensive guide to his investment philosophy developed over decades of experience. Rather than focusing on specific strategies or formulas, Marks emphasizes core principles that underpin successful investing, positioning the book as a reflection of his personal investment creed. The structure of the book, organized into 18 chapters, allows readers to engage with critical topics such as risk perception, value identification, market inefficiencies, and the psychological aspects of investing. Marks asserts that understanding these concepts is pivotal for active investors who aim to outperform market benchmarks—a challenging feat that requires a unique perspective he terms "second level thinking." He candidly acknowledges that for those not aspiring to surpass average market returns, opting for index funds might be a more sensible approach. This insight sets a pragmatic tone throughout the book, encouraging deeper thought and a robust mental model for navigating the complexities of investing. Although the book is rich with thoughtful insights, readers have noted that its delivery can be somewhat dry and verbose. Some have expressed a desire for more practical examples and concise explanations, as the repetitive nature of certain ideas can detract from the overall reading experience. Marks himself conveys the intricate nature of investing and cautions against oversimplification, which adds a layer of nuance to the text. Despite its occasional lack of engaging narrative, the wisdom contained in Marks' philosophy remains invaluable, making this book a crucial read for serious investors. For those seeking to deepen their understanding of the investment landscape, "The Most Important Thing" is a recommended read that captures the essence of Marks' seasoned perspective. **
Customer Reviews & Ratings
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Плюсы
- Insightful philosophical approach to investing.
- Covers essential topics for active investors.
- Encourages critical thinking and understanding of complex concepts.
- Packed with wisdom gained from years of experience.
- Considered a must-read alongside investing classics.
Минусы
- Can be dry and unengaging in tone.
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KZT 10589
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