The Most Important Thing - Lessons By Howard Marks
My highlights from the book "The Most Important Thing: Uncommon Sense for the Thoughtful Investor" by Howard Marks.
Read the article version here: https://tessang.com/investing/the-mos...
📈 Want to learn more about investing?
Zen Investing Academy, was started by two of my friends and fellow investors, Max and Thomas who have achieved financial freedom in their early 30s.
Why Zen Investing?
Adopt a zen and calm attitude to your investments, by having:
• Proper financial understanding of the businesses you own
• The correct mindset and temperament to view the stock market
In 6 LIVE Zoom sessions, you'll learn how to:
😇 Session 1: Adopt a zen attitude, think like a business owner, analyze income statement
🏦 Session 2: How to understand a business, key metrics to watch, how companies make money
📊 Session 3: Spot patterns & trends from the financials, calculate key ratios, quantitative analysis
💰 Session 4: Valuation and intrinsic value for profitable compounders
🎯 Session 5: Valuation and intrinsic value for high growth loss-making companies
🤔 Session 6: Investor psychology, position sizing, risk management
Find out more & JOIN ME using this link: https://gumroad.com/a/237753459/oypdh
(P.S. Only ONE more weekend to the 1st class on 21 March, and I'm super excited!)
👋 See you as I'll be joining the course as well!
Thomas' twitter: @SteadyCompound
Max's twitter: @HeyMaxKoh
Chapters:
00:00 Intro
00:50 Key Takeaways
00:53 #1: Most Things Comes In Cycles
2:16 #2: Second Level Thinking
4:22 #3: Understand Risk
6:02 #4: Role of Luck
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About me:
Hi I'm Tess, a final year university student from Singapore.
I make videos about productivity and book reviews about investing, personal finance and self-development.
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Tags: The Most Important Thing Howard Marks Oaktree Capital Management Book Review Summary Highlights Value Investing Warren Buffett Contrarianism Contrarian Second Order Thinking Investor Stock Market