Langbeschreibung
Distilling the wisdom of Marks' celebrated client memos into a single volume and, for the first time, making his time-tested investing philosophy available to general readers, this book has been widely acclaimed by professional, casual, aspiring, and armchair investors.
Inhaltsverzeichnis
IntroductionThe Most Important Thing Is... 1. Second-Level Thinking2. Understanding Market Efficiency (and Its Limitations)3. Value4. The Relationship Between Price and Value5. Understanding Risk6. Recognizing Risk 7. Controlling Risk8. Being Attentive to Cycles 9. Awareness of the Pendulum 10. Combating Negative Influences 11. Contrarianism12. Finding Bargains13. Patient Opportunism 14. Knowing What You Don't Know15. Having a Sense for Where We Stand16. Appreciating the Role of Luck17. Investing Defensively18. Avoiding Pitfalls19. Adding Value20. Pulling It All Together