Recorded on March 15th and published for Junior Stock Review Premium Readers first.
Book Review - The Most Important Thing, By Howard Marks
Over the last 6 months, I have been asked numerous times for tips on how to be a better investor.
My answer has remained constant; read Howard Marks’ The Most Important Thing.
Marks covers a number of topics but none more important than:
- The difference between 1st and 2nd level thinking
- Understanding, recognizing and controlling risk
- Managing emotion
Master these topics and you will master investing.
Remember, however, no one is perfect and, really, it's the goal of attaining perfection that's the most important factor because it will separate you from the vast majority of market participants.
Disclaimer: The following is not an investment recommendation. I am not a certified investment professional, nor do I know you and your individual investment needs. Please perform your own due diligence to decide whether this is a company and sector that is best suited for your personal investment criteria.
