EAN: 9780231162845

THE MOST IMPORTANT THING ILLUMINATED - HOWARD M...

In May of 2011  Columbia Business School Publishing published Howard Marks¿s The Most Important
Thing. Distilling the wisdom of Marks¿s celebrated client memos into a single volume and  for
the first time  making his time-tested investing philosophy available to general readers  the
book was widely acclaimed by professional  casual  aspiring  and armchair investors¿and became
a business bestseller. Columbia Business School Publishing is announcing an innovative digital
edition with a print version of Marks¿s volume that allows readers to read the author¿s words
alongside the comments  insights  and counterpoints of four renowned investors and investment
educators: Christopher C. Davis (Davis Funds)  Joel Greenblatt (Gotham Capital)  Paul Johnson
(Nicusa Capital)  and Seth A. Klarman (Baupost Group). These experts lend insight into such
concepts as ¿second-level thinking ¿ the price value relationship  patient opportunism  and
defensive investing. Marks also adds his own annotations  expanding on the book¿s original
themes and issues.

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