2024-10-04
1 小时 26 分钟You're listening to tip.
On today's episode, my co host Kyle Grieve and I will be chatting about Howard Marks book the Most Important Thing and sharing our biggest takeaways from reading the book.
Howard Marks is the co founder of Oak Tree Capital which manages over $190 billion in assets and he's also been a previous guest on the podcast on multiple occasions.
In this episode, Kyle and I will discuss the concept of efficient markets and how that ties into being a successful investor, why the essence of successful investing is properly understanding and managing risk, the importance of understanding market cycles and investor psychology, pockets of the market where we can potentially find bargains, where the price is greatly below the value, and how investors like Pulak Prasad and Warren Buffett utilize patient opportunism to achieve market beating returns.
The Most Important Thing has so many fundamental and key insights to investing successfully.
So I think you'll really enjoy hearing some of Kyle and I's takeaways from the book.
So with that I bring you today's episode covering the Most Important Thing by Howard Marks.
Celebrating 10 years and more than 150 million downloads.
You are listening to the Investors podcast network.
Since 2014 we studied the financial markets and read the books that influence self made billionaires the most.
We keep you informed and prepared for the unexpected.
Now for your hosts, Clay Fink and Kyle Greave.
Welcome to the Investors Podcast.
I'm your host Clay Fink and today I'm joined by my co host Kyle Grieve.
Kyle, welcome to the show.
Glad to be here as always.
Kyle and I decided that we wanted to chat about a book that highly influenced us as investors.
So Kyle selected the Most Important Thing by Howard Marks and I selected the Joys of Compounding by Gautam Baidu.
On today's episode we'll be covering Howard's book.
And then on the episode that's going to be released this Saturday, October 5th, we'll be covering Gotta Invade's book the Joys of Compounding.