--- product_id: 417882673 title: "The Most Important Thing" brand: "howard marks" price: "AR$50091" currency: ARS in_stock: true reviews_count: 6 url: https://www.desertcart.com.ar/products/417882673-the-most-important-thing store_origin: AR region: Argentina --- # The Most Important Thing **Brand:** howard marks **Price:** AR$50091 **Availability:** ✅ In Stock ## Quick Answers - **What is this?** The Most Important Thing by howard marks - **How much does it cost?** AR$50091 with free shipping - **Is it available?** Yes, in stock and ready to ship - **Where can I buy it?** [www.desertcart.com.ar](https://www.desertcart.com.ar/products/417882673-the-most-important-thing) ## Best For - howard marks enthusiasts ## Why This Product - Trusted howard marks brand quality - Free international shipping included - Worldwide delivery with tracking - 15-day hassle-free returns ## Description Full description not available ## Images ![The Most Important Thing - Image 1](https://m.media-amazon.com/images/I/71IbMBKCX1L.jpg) ## Customer Reviews ### ⭐⭐⭐⭐⭐ A must read for anyone who wish to be an advanced investor *by A***R on January 29, 2025* I was getting really bored reading investing books because they were all saying more or less the same thing. I wanted to read an investing book that advance my investing knowledge beyond the basic stuff. This book did it. The amount of knowledge packed in it is worth gold. It really showed me just how wrong was I and many I know are in our investing strategy. Reading about the market cycles was an eye opener. ### ⭐⭐⭐⭐⭐ An investment classic *by R***D on April 27, 2011* Mr. Marks states that when he was attending client meetings over the years he noticed a pattern. He would say in one meeting that that such and such was the most important thing about investing and in later meetings he found himself referencing other items that he titled the most important thing to understand. Upon reflection about this pattern he decided to write a memo in July of 2003 that covered all these critical areas in his investing philosophy.This new book expands upon the ideas he covered in that original memo. Topics that are covered include: market efficiency, value, risk, investment cycles, contrarianism, finding bargains, patient opportunism, circle of competence, luck, avoiding pitfalls, etc... In short all the topics that a focus investor needs to understand and be able to place, and use, in their own mental models.What does Mr. Marks want his readers to gain from his book? Here are his own words from the introduction of the book:"I didn't set out to write a manual for investing. Rather, this book is a statement of my own investment philosophy. I consider it my creed, and in the course of my investment career it has served like a religion. These are the things I believe in, the guideposts that keep me on track. The messages I deliver are the ones I consider the most lasting. I'm confident their relevance will extend beyond today.You won't find a how-to book here. There's no surefire recipe for investment success. No step-by-step instructions. No valuation formulas containing mathematical constants or fixed ratios - in fact, very few numbers. Just a way to think that might help you make good decisions and, perhaps more important, avoid the pitfalls that ensnare so many.It's not my goal to simplify investing. In fact, the thing I most want to make clear is just how complex it is. Those who try to simplify investing do their audience a great disservice. I'm going to stick to general thoughts on return, risk and process..."Mr. Marks has succeeded in his goals in a brilliant manner. There is, quite simply, an incredible amount of wisdom between the covers of his book and an investor is doing them a disservice if they don't read, and re-read, this book. I will be placing it on my shelf right next to the great investments classics of Security Analysis, The Intelligent Investor, the Berkshire Hathaway annual reports, and Margin of Safety. Quite simply I can't recommend it highly enough. ### ⭐⭐⭐⭐ Good Wisdom, Not a Guide *by C***L on May 4, 2020* As a fan of Howard Marks, this was an enjoyable glimpse into the philosophy of investing the legend has developed over the previous decades. Marks provides an easy overview of common mistakes of unsuccessful investors and guiding principals to be successful in the field. A reader should not pick this book up in search of investing tactics or mechanics; it is not meant to teach you how to invest. Marks sets out to help you think about value in conceptual terms, and does it well.My only knock is that (as other reviews also mention) because the book is a compendium of quotes from Marks's excellent Oaktree Memos, it can at times read as somewhat disjointed or repetitive. Still well worth the read! ## Frequently Bought Together - The Most Important Thing - Mastering The Market Cycle: Getting the Odds on Your Side - The Intelligent Investor Rev Ed.: The Definitive Book on Value Investing --- ## Why Shop on Desertcart? - 🛒 **Trusted by 1.3+ Million Shoppers** — Serving international shoppers since 2016 - 🌍 **Shop Globally** — Access 737+ million products across 21 categories - 💰 **No Hidden Fees** — All customs, duties, and taxes included in the price - 🔄 **15-Day Free Returns** — Hassle-free returns (30 days for PRO members) - 🔒 **Secure Payments** — Trusted payment options with buyer protection - ⭐ **TrustPilot Rated 4.5/5** — Based on 8,000+ happy customer reviews **Shop now:** [https://www.desertcart.com.ar/products/417882673-the-most-important-thing](https://www.desertcart.com.ar/products/417882673-the-most-important-thing) --- *Product available on Desertcart Argentina* *Store origin: AR* *Last updated: 2026-04-22*