leon zhao’s Kindle Notes & Highlights for The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)

The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)

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Kindle Notes & Highlights

leon zhao

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The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)

by Howard Marks

Read between July 16 - July 16, 2017

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Good times teach only bad lessons: that investing is easy, that you know its secrets, and that you needn’t worry about risk. The most valuable lessons are learned in tough times.

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