The Most Important Thing
Uncommon Sense for the Thoughtful Investor
by Howard Marks
2 more
More Recommenders
“I read 51 books in 2017 (may squeeze in one or two more before EOY). Here are my favorites, with a little bit of commentary. In no particular order: | Q: Are there any books you haven’t mentioned that you feel would make your reading list PA: I would also include these books. | This is that rarity, a useful book.”
Source →“I read 51 books in 2017 (may squeeze in one or two more before EOY). Here are my favorites, with a little bit of commentary. In no particular order: | Q: Are there any books you haven’t mentioned that you feel would make your reading list PA: I would also include these books. | This is that rarity, a useful book.”
Source →Recommended by 4 notable people, including Patrick O'Shaughnessy and Warren Buffett
Check price on AmazonProof-backed recommendation
Amazon availability
Should I read this?
Recommended by 8 sources and appears in Personal Finance, Economics, and Books Recommended by Warren Buffett.
"This is that rarity, a useful book."Warren BuffettHoward 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, ...
Looking for Kindle, hardcover, paperback, or audiobook editions?
Check formats, pricing, and current availability directly.
Why recommended
Recommended by 8 sources and appears in Personal Finance, Economics, and Books Recommended by Warren Buffett.
Recommended by notable people
People and public figures who have recommended this book.
Recommendation Signals
Recommendation proof is sourced from public posts, interviews, reading lists, and cited references.
Patrick O'Shaughnessy
“I read 51 books in 2017 (may squeeze in one or two more before EOY). Here are my favorites, with a little bit of commentary. In no particular order: | Q: Are there any books you haven’t mentioned that you feel would make your reading list PA: I would also include these books. | This is that rarity, a useful book.”
View sources (3) ▾80%
Appears In
Not sure if this is the right fit?
Consider The Intelligent Investor by Benjamin Graham. Recommended by 23 sources.
“This is a slow, meticulous read that builds value investing principles through exhaustive stock comparisons and portfolio theory. The core useful insight is Graham’s emphasis on a margin of safety and treating market fluctuations as your servant, not your guide. The limitation: many examples hail from the 1940s-1970s, making the data feel irrelevant, and the prose can be pedantic, stretching patience. You'll get the timeless philosophy but must wade through antiquated case studies.”
Similar books
The Little Book of Common Sense Investing
John C. Bogle
Stress Test
Timothy F. Geithner
The General Theory of Employment, Interest, and Money
John Maynard KeynesThe Intelligent Investor
Benjamin GrahamThe Undoing Project
Michael Lewis
Economics in One Lesson
Henry Hazlitt
The Rise and Fall of American Growth
Robert J. Gordon
Capital
Karl MarxHow recommendation signals are reviewed
Each recommendation is collected from a public source — interviews, articles, or curated lists — and linked to its original URL. Books with many verifiable recommendations from respected people rank higher.
The Most Important Thing
View on Amazon →