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The Most Important Thing Is … Avoiding Pitfalls

Howard Marks

in The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231162845
eISBN:
9780231530798
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231162845.003.0018
Subject:
Economics and Finance, Financial Economics

This chapter considers an important requirement for successful investing: avoiding pitfalls. It argues that trying to avoid losses is more important than striving for great investment successes; the ... More


The Most Important Thing Is … Avoiding Pitfalls

Howard Marks

in The Most Important Thing: Uncommon Sense for the Thoughtful Investor

Published in print:
2011
Published Online:
November 2015
ISBN:
9780231153683
eISBN:
9780231527095
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231153683.003.0018
Subject:
Economics and Finance, Financial Economics

This chapter presents another vital requirement for successful investing: avoiding pitfalls. Trying to avoid losses is more important than striving for great investment successes. The latter can be ... More


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