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.
This book explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career. Utilizing passages from his memos to illustrate his ideas, Marks teaches by example, detailing the development of an investment philosophy that fully acknowledges the complexities of investing and the perils of the financial world. Brilliantly applying insight to today's volatile markets, Marks offers a volume that is part memoir, part creed, with a number of broad takeaways.
A New York Times bestseller: The legendary investor shows how to identify and master the cycles that govern the markets - and the tradepaper edition includes a new Afterword regarding Marks's analysis of the pandemic's impact on investing trends
One of the most successful Wall Street investors of all time provides practical insight and keen analysis on how to track, and react to, the ups and downs of the stock market. Marks reveals the hidden logic in carefully pinpointing market trends so that every investor can profit.
Howard Marks has been diagnosed with terminal cancer. But determined not to go quietly into the night, he has decided that it is time to release Mr Smiley, the story of his last and biggest ever drug scam at the height of the 90s ecstasy frenzy. On his release from prison in 1995, Howard had made a promise that this time he was going to go straight... but it wasn't long before Howard found himself trying ecstasy and rubbing shoulders with some of the king-pins of the pill trade. Incredibly funny, moving and scabrous, Mr Smiley is a free-standing follow up to Mr Nice, which follows a journey to the heartland of the clubbing scene and British crime.
THE BOOK: During the mid 1980's Howard Marks had forty three aliases, eighty nine phone lines and owned twenty five companies throughout the world. Whether bars, recording studios or offshore banks, all were money laundering vehicles serving the core acti
DS Catrin Price receives a series of cryptic messages from an old school friend. Cat will stop at nothing to uncover the truth, but there are people who will do anything to keep it hidden - and they are watching her every move.
Howard marks book of dope Stories will take you on an electrifying journey through the Discovery, consumption and trade of mind-altering Substances
No body was ever found and when Cat joins forces with one of Rhys' former colleagues, now a wealthy business man obsessed with all things Seerland- related, they begin to wonder whether the rumours that Face is still alive may be true.
Die Erfolgsphilosophie des letzten großen Investors
Wer an die ganz Großen des Investmentgeschäfts denkt, dem fallen zuerst George Soros und Warren Buffett ein. Weniger bekannt ist der Dritte im Bunde: Howard Marks. Dabei ist er in einem Atemzug mit Warren Buffett und George Soros zu nennen. Schließlich verwaltet er mit seiner Investmentgesellschaft Oaktree nicht weniger als 55 Milliarden Dollar. Das ihm anvertraute Vermögen hat er nicht nur sicher durch alle Krisen gebracht, sondern auch noch vermehrt. In Expertenkreisen gilt Marks als herausragender Investor, dessen Philosophie so wegweisend ist wie im 20. Jahrhundert Benjamin Grahams Wertpapier-Analyse. Marks weiß also, wovon er spricht, wenn er in zwanzig Kapiteln aufzeigt, worauf es wirklich ankommt. Zum Beispiel darauf, dass man weiß, wie sich Risiko klug steuern lässt und welche Fallen selbst bei einem durchdachten Investment lauern.