11 Investing Books Billionaire Warren Buffett Wants You to Read

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7. “The Most Important Thing Illuminated” by Howard Marks

Buffett had this to say about this book: “When I see memos from Howard Marks in my mail, they’re the first thing I open and read. I always learn something, and that goes double for his book.” Out of 103 customer reviews on Amazon, “The Most Important Thing Illuminated” averaged 4.5 out of 5 stars with 74% of reviewers giving it 5 stars.

What is the book about? Author Howard Marks is the former CEO and Co-founder of Oak Tree Capital Management. His book compiles his highly notable client memos which are commented on by renowned investors and industry experts. It highlights the concepts of defensive investing, price-value relationship, patient opportunism, reasonable expectations, and the popular “second-level” thinking.

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