The Most Important Thing:

Chairman and cofounder of Oaktree Capital Management, Howard Marks has been linked to Warren Buffett for his lucid assessments of market opportunities and risks. His memos to clients have long been consulted by the world's leading value investors. Now he brings his insightful commentary and investment philosophy to everyone.

Informed by a lifetime of experience and study, Marks helps readers understand the keys to investment success and how to avoid the pitfalls that can destroy capital or ruin a career. Utilizing passages from his memos to illustrate his ideas, he teaches by example. Part memoir, part creed, the book shows the development of an investment philosophy that fully acknowledges the complexities of investing and the perils of the financial world. Marks's insight applies brilliantly to today's markets, supplying many broad takeaways for both the amateur and seasoned investor.

Marks expounds on such concepts as "second-level thinking," the price/value relationship, patient opportunism, and defensive investing. His frank and honest assessment of his own decisions—and occasional missteps—provides valuable lessons on critical thinking, risk assessment, and investment strategy. Marks encourages investors to be "contrarian," to judge market cycles wisely, and to achieve returns through aggressive yet measured action. Which is the most essential element? Successful investing requires thoughtful attention to many separate aspects. Each of the subjects Marks covers is the most important thing.

Steve Ballmer: Windows 8 is 'the most important thing we've done' - DABCC.com


AFP

Steve Ballmer: Windows 8 is 'the most important thing we've done'
DABCC.com
Windows 8 is the "dawning of the rebirth of Microsoft Windows," according to Microsoft CEO Steve Ballmer. He also called it the "deepest, broadest, and most impactful" version of Windows ever. The man isn't shy, and has been known to get a little ...
Ballmer talks up Win 8 Fudzilla

all 285 news articles »

Wavering Egyptians vote for president - Reuters


PolicyMic

Wavering Egyptians vote for president
Reuters
"Security is the most important thing of course. If there is security we will have work, money and an economy. If there is no security no tourists will come. That's the first thing," said Sayed Mohamed, 33, a company manager, who supports Shafiq.
The religious pragmatist who might be Egypt's next president CNN
Egypt Presidential Elections 2012: Best and Worst Case Scenarios for the U.S. PolicyMic

all 4,838 news articles »

What If Your Franchisor Goes Under? - Business Insider


What If Your Franchisor Goes Under?
Business Insider
The most important thing for you to do is to find out exactly where you stand, and it's relatively easy to do. That's because it's all in black and white. Remember that franchise contract you were required to sign? Small Business Trends: What is the ...

and more »

Czechs the Biggest Threat at Euro 2012 - Advocaat - RIA Novosti


Czechs the Biggest Threat at Euro 2012 - Advocaat
RIA Novosti
"Our first game is the most important thing, that is the game against the Czech Republic," said Advocaat, when asked whether he feared playing Poland on home soil. "With all respect to the Polish team, they are a good side." Advocaat, 64, will leave ...

and more »

Malad valedictorian learns life lessons - Idaho State Journal


Malad valedictorian learns life lessons
Idaho State Journal
He said the most important thing he learned is how to accept himself and others for who they are. It's a philosophy that landed him the title of “Most Changed” in his high school yearbook, he said. When Watkins started high school, he was quiet and ...

and more »

All about networking - Chiropractic Economics


All about networking
Chiropractic Economics
By Peter G. Fernandez, DC Here's something you've likely not considered: Networking is the most important thing you can be doing now, and for the rest of your life. Networking is “meeting people.” More importantly, it means meeting successful people.

Video: Harriton's Sam Borowsky and Max Blumenthal are Main Line Athletes of ... - Main Line


Main Line

Video: Harriton's Sam Borowsky and Max Blumenthal are Main Line Athletes of ...
Main Line
MLMN: What has been the most important thing you have learned from your doubles partner? Continued... Borowsky: One very important thing that I have learned from playing with Max throughout the years is to stick to the basics.

The Facebook Effect Author David Kirkpatrick Talks Facebook's Ad Network ... - TechCrunch


TechCrunch

The Facebook Effect Author David Kirkpatrick Talks Facebook's Ad Network ...
TechCrunch
Josh started off by asking Kirkpatrick what he thought was the most important thing Facebook should do going forward. David responded that Facebook shouldn't do anything differently, even going so far as to say that doing so would be the “most perilous ...

and more »

ECB Independence Upheld By Most EU Leaders - NASDAQ


Evening Standard

ECB Independence Upheld By Most EU Leaders
NASDAQ
"The most important thing that came out of this meeting is the commitment to move the (economic and monetary union) to new stages," he said, stressing the importance of making sure the euro zone's bailout mechanisms function effectively, something he ...
ECB Draghi: EU Leaders Committed To Deepening EMU MNI News

all 20 news articles »

My Lesson From College: Hard Work and Privilege Aren't Mutually Exclusive - Huffington Post (blog)


My Lesson From College: Hard Work and Privilege Aren't Mutually Exclusive
Huffington Post (blog)
I graduated from college last Sunday, and on the ride home later that day (mind you, for a quick visit, not an indefinite stay), my parents asked me: "What was the most important thing you learned about in college?" My answer: privilege, how I have it ...