Audio only
The Most Important Thing: Uncommon Sense for The Thoughtful Investor
By Howard MarksNarrated by John FitzGibbonLength7h 8m
About this audiobook
Howard Marks four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. Now for the first time, all listeners can benefit from Marks's wisdom, concentrated into a single volume that speaks to both the amateur and seasoned investor.
Informed by a lifetime of experience and study, The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career. Using 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. Marks expounds on such concepts as "second-level thinking", the price/value relationship, patient opportunism, and defensive investing. Frankly and honestly assessing his own decisions - and occasional missteps - he provides valuable lessons for critical thinking, risk assessment, and investment strategy.
Encouraging investors to be "contrarian", Marks wisely judges market cycles and achieves returns through aggressive yet measured action. Which element is the most essential? Successful investing requires thoughtful attention to many separate aspects, and each of Marks's subjects proves to be the most important thing.
Audiobook details
Rating★★★★ 4.4 (21.9K)
Includes Goodreads, Amazon, StoryGraph, LibraryThing
GenreBusiness and Economics, Self-Help
Length7 hrs 8 mins
Narrated byJohn FitzGibbon
FormatAudiobook
Publish dateAug 17, 2025
LanguageEnglish
Table of contents
1chapter
13chapter
2chapter
14chapter
3chapter
15chapter
4chapter
16chapter
5chapter
17chapter
Show all chaptersShow less
6chapter
18chapter
7chapter
19chapter
8chapter
20chapter
9chapter
21chapter
10chapter
22chapter
11chapter
23chapter
12chapter
Never Split the DifferenceChris Voss, Tahl Raz8h 7m4.4 (277.7K)$26 · $0.00
The Intelligent Investor Rev Ed.Benjamin Graham17h 48m4.3 (191.5K)$40 · $0.00
The Hard Thing About Hard ThingsBen Horowitz7h 57m4.2 (134.3K)$26 · $0.00
Boundaries for LeadersHenry Cloud7h 36m4.3 (3.6K)$26 · $0.00
The Joys Of CompoundingGautam Baid17h 34m4.5 (2.5K)$18 · $0.00
Basic EconomicsThomas Sowell18h 32m4.5 (29.3K)$28 · $0.00
Poor Charlie’s AlmanackGrover Gardener, Charles T. Munger13h 9m4.5 (24.7K)$18 · $0.00
The Ambuja StoryNarotam Sekhsaria13h 59m4.5 (830)$33 · $0.00
The Secret Door to SuccessFlorence Scovel Shinn2h 25m4.5 (2.1K)$1.20 · $0.00
This Is Going to HurtAdam Kay5h 47m4.4 (444.7K)$24 · $0.00
Big TrustShadé Zahrai, Fayçal Sekkouah8h 36m4.6 (406)$26 · $0.00
The Intelligent Investor Third EditionBenjamin Graham, Jason Zweig20h4.4 (156.6K)$46 · $0.00
Bottle of LiesKatherine Eban14h 25m4.4 (12K)$33 · $0.00
The Antiracist Business BookTrudi Lebrón6h 10m4.6 (275)$17 · $0.00
The FormulaJoshua Robinson, Jonathan Clegg10h 41m4.4 (6.9K)$29 · $0.00
Let Them LeadJohn U. Bacon7h 10m4.5 (1.4K)$24 · $0.00
Secrets of the Millionaire MindT. Harv Eker5h 11m4.4 (301.4K)$24 · $0.00
The Person You Mean to BeDolly Chugh9h 6m4.4 (7.2K)$29 · $0.00
BoundlessNick Kostov, Sean McLain9h 17m4.5 (1.1K)$29 · $0.00
Everyday DharmaSuneel Gupta5h 2m4.5 (761)$20 · $0.00
Learning to PrayJames Martin13h 24m4.5 (3.4K)$33 · $0.00
The Happiest Man on EarthEddie Jaku3h 48m4.6 (178K)$7 · $0.00
Finding MeViola Davis9h 15m4.6 (256.4K)$29 · $0.00
Spiritual AnatomyDaaji Kamlesh D. Patel9h 47m4.7 (319)$29 · $0.00
The Dangerous Truth about Today’s MarijuanaLaura Stack CSP, MBA9h 57m4.7 (385)$20 · $0.00
The Gospel according to Spiritualism (Translated)Allan Kardec14h 39m4.6 (3.9K)$5.70 · $0.00
Birdie & HarlowTaylor Wolfe7h 50m4.6 (6.5K)$26 · $0.00
CrossroadsKaleb Dahlgren7h 56m4.6 (4.9K)$26 · $0.00
Life on the BridgeKaelynn Partlow5h 40m4.6 (1.1K)$24 · $0.00
Keep Your Love OnDanny Silk9h 4m4.6 (8.1K)$10 · $0.00
The Tao of Joy Every DayDerek Lin10h 24m4.6 (762)$20 · $0.00
UndividedVicky Beeching9h 2m4.6 (1.3K)$29 · $0.00
HE CAN WHO THINKS HE CAN & OTHER BOOKS ON SUCCESSOrison Swett Marden5h 54m4.6 (1.2K)$1.99 · $0.00
Level UpRob Dial7h 42m4.6 (3.3K)$26 · $0.00
Burn the HaystackJennie Young, PhD9h 30m4.6 (543)$29 · $0.00
ACRES OF DIAMONDS: Our Every-day Opportunities (Wisdom & Empowerment Series) (Annotated)Russell Conwell2h 26m4.6 (1K)$2 · $0.00
Good InsideBecky Kennedy9h 55m4.5 (59.3K)$29 · $0.00
The Lost VoiceGreta Morgan8h 30m4.7 (285)$26 · $0.00
Stripped DownBunnie Xo8h 25m4.5 (32.9K)$26 · $0.00
UnthinkableJamie Raskin15h 8m4.5 (9.3K)$8 · $0.00
You may also like
Guerrilla MarketingJay Conrad Levinson11h 50m4.0 (7.9K)$23 · $0.00
The 50th Law50 Cent, Robert Greene8h 17m4.3 (27.4K)$26 · $0.00
Talk to MeT.C. Boyle11h 23m3.9 (3.4K)$29 · $0.00
The Intelligent Investor Third EditionBenjamin Graham, Jason Zweig20h4.4 (156.6K)$46 · $0.00
The Yellow WallpaperCharlotte Perkins Gilman31m4.2 (463.1K)$14 · $0.00
The Virtue of SelfishnessAyn Rand, Nathaniel Branden6h 15m3.9 (21.4K)$12
The 22 Immutable Laws of MarketingAl Ries, Jack Trout3h 7m4.1 (27.7K)$5 · $0.00
The Money CodeRaimon Samsó6h 31m4.2 (3.3K)$18
InterviewologyAnna Papalia6h 29m4.0 (407)$24 · $0.00
Win the Inside GameSteve Magness9h 33m4.1 (927)$29 · $0.00
The Art of Money Getting Or, Golden Rules for Making MoneyP. T. Barnum1h 34m4.1 (7.3K)$1 · $0.00
The Feminine MistakeLeslie Bennetts6h 30m3.7 (1.2K)$24 · $0.00
Incidents in the Life of a Slave GirlHarriet Jacobs9h 52m4.4 (81.8K)$2 · $0.00
Walden, and On the Duty of Civil DisobedienceHenry David Thoreau11h 55m4.1 (53.5K)$2.30
Do Hard ThingsSteve Magness8h 54m4.1 (10.7K)$29 · $0.00
Manipulation: How to Recognize Toxic Tactics, Spot Emotional Manipulation and Take Back Control (The Machinery of Manipulation and the Quiet Destruction of the Mind)Roderick Triana2h 51m$3.50 · $0.00
The Smartest Money Book You’ll Ever ReadDaniel R. Solin5h 27m3.9 (685)$20
The Forever Paycheck BlueprintMorgan G. Richard3h 46m$14 · $0.00
A Solemn Caution Against the Ten Horns of CalvinismThomas Taylor1h 30m3.5 (30)$1 · $0.00
The Man of Letters as a Man of BusinessWilliam Dean Howells1h 9m$2 · $0.00