The Most Important Thing — A Good Money Move
Money writes,
Warren Buffett blurbed it — saying “This is a rarity, a useful book” — and as usual, he’s right. In “The Most Important Thing,” 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.
For more on the book, you can browse the book or read the chapter, The Most Important Thing Is … Understanding Marketing Efficiency and Its Limitations (pdf).