Uncommon Sense for the Thoughtful Investor 投資最重要的事 ...

The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor 投資最重要的事：一本股神巴菲特讀了兩遍的書(Chinese edition) by Howard Marks ... Skiptomaincontent Buynew: $27.64$27.64 FREEdelivery: Aug15-19 Shipsfrom:BookDepositoryUSSoldby:BookDepositoryUS FREEdeliveryAugust15-19.Details Selectdeliverylocation Instock.Usuallyshipswithin3to4days. Qty:123456789101112131415161718192021222324252627282930Qty:1 [{"displayPrice":"$27.64","priceAmount":27.64,"currencySymbol":"$","integerValue":"27","decimalSeparator":".","fractionalValue":"64","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":"cV2lfqr1C878VGoAPoKvFWLfNEBlxBeAXWIMH7MdQR6z%2FP6B1ojk82X3qM7TEY55oJrh3ycIilrSQglq%2FRcSkGLKdC%2BKitBw%2BL2L%2FIkrLop%2Bh%2BfdAxAHF84ly6LRCybg6rYsRVTHVeX5gUAtHhZPL5vrw3kXU%2BLUCIOyXc2i5DZGROc2D5Z77w%3D%3D","locale":"en-US","buyingOptionType":"NEW"},{"displayPrice":"$18.12","priceAmount":18.12,"currencySymbol":"$","integerValue":"18","decimalSeparator":".","fractionalValue":"12","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":"oSFHg%2Ba4hjcPy5NkDfWshItlupvbghipKXiT3Py39i8uBE6395yKsrCRyVXx0Pn6%2BqzYHxqqYACaI1f7fDRJOXUTwiawTsFbyr1UIy9ujhbOovIai7P4aInfmyqUAvmhhrZyAaetGyJb6ZHn6yA9JhmsCrv5ibaRJm3LmIgnVKk5PZuCKAPVRDoPaQ2KgnOO","locale":"en-US","buyingOptionType":"USED"}]$$27.6427.64 () Includesselectedoptions.Includesinitialmonthlypaymentandselectedoptions. Details Price($27.64x)$27.64Subtotal$$27.6427.64SubtotalInitialpaymentbreakdownShippingcost,deliverydate,andordertotal(includingtax)shownatcheckout. AddtoCart BuyNow Securetransaction YourtransactionissecureWeworkhardtoprotectyoursecurityandprivacy.Ourpaymentsecuritysystemencryptsyourinformationduringtransmission.Wedon’tshareyourcreditcarddetailswiththird-partysellers,andwedon’tsellyourinformationtoothers.Learnmore Shipsfrom BookDepositoryUS Soldby BookDepositoryUS DetailsShipsfromBookDepositoryUSSoldbyBookDepositoryUS Returnpolicy: EligibleforReturn,RefundorReplacementwithin30daysofreceipt Thisitemcanbereturnedinitsoriginalconditionforafullrefundorreplacementwithin30daysofreceipt.Youmayreceiveapartialornorefundonused,damagedormateriallydifferentreturns.Readfullreturnpolicy Buyused:$18.12 $3.99deliveryAugust10-17.Details Selectdeliverylocation Used:Acceptable |DetailsSoldbyOPALICKCondition: Used:AcceptableComment:Buywithconfidence!Comeswithour100%moneybackguarantee!!Trackingincludedwitheveryorder!!!Thecoveriscleanbutdoesshowsomewear....Thisbookhasmarkingsonthecover....Thepagesshownormalwear....Accesscodesandsupplementsarenotguaranteedwithuseditems.AddtoCart Share Haveonetosell?SellonAmazon SeeclubsLoadingyourbookclubsTherewasaproblemloadingyourbookclubs.Pleasetryagain.Notinaclub?Learnmore Joinorcreatebookclubs Choosebookstogether TrackyourbooksBringyourclubtoAmazonBookClubs,startanewbookclubandinviteyourfriendstojoin,orfindaclubthat’srightforyouforfree.ExploreAmazonBookClubs DownloadthefreeKindleappandstartreadingKindlebooksinstantlyonyoursmartphone,tablet,orcomputer-noKindledevicerequired.LearnmoreReadinstantlyonyourbrowserwithKindleCloudReader.Usingyourmobilephonecamera-scanthecodebelowanddownloadtheKindleapp. FliptobackFliptofrontListenPlaying...Paused You'relisteningtoasampleoftheAudibleaudioedition.Learnmore Seethisimage FollowtheAuthorHowardMarksSomethingwentwrong.Pleasetryyourrequestagainlater.OK TheMostImportantThingIlluminated:UncommonSensefortheThoughtfulInvestor投資最重要的事：一本股神巴菲特讀了兩遍的書(Chineseedition)byHowardMarks霍華．馬克斯Paperback–January1,2018 MandarinChineseEdition by HowardMarks霍華．馬克斯 (Author) 4.4outof5stars 37ratings SeeallformatsandeditionsSorry,therewasaproblemloadingthispage.Tryagain. PriceNewfromUsedfrom Paperback "Pleaseretry" $27.64 $27.64$18.11 Paperback $27.64 5Usedfrom$18.116Newfrom$27.64 Enhanceyourpurchase 在美國投資界與巴菲特齊名的霍華．馬克斯，其所聯合創辦的橡樹資本成立時間超過二十年，管理資產規模已達千億美元，其長期績效表現更是驚人，二十八年來（包含六位創辦人任職TCW時期）平均複合報酬率高達一九%（同期美股標準普爾五百指數表現只有一○‧一%，MSCI全球指數只有四‧九%）。

也就是說，如果在二十八年前將一百萬交給橡樹資本管理，現在已擁有一億七千萬。

　　霍華．馬克斯從不吝於和市場分享其投資洞見，持續以「投資備忘錄」與客戶及所有投資人溝通。

橡樹備忘錄受到美國投資界高度重視，地位等於巴菲特波克夏每年股東大會，連巴菲特本人也罕見背書：「只要在郵件信箱裡看到霍華．馬克斯的投資備忘錄，我會馬上打開與閱讀！」　　《投資最重要的事》一書公開「橡樹資本持續擁有打敗大盤的卓越表現」的答案。

霍華．馬克斯濃縮歷年備忘錄及價值投資心得，總結為二十項原則，包涵著名的「第二層思考」、價格與價值的關系、耐心等待機會、避開投資陷阱、對抗情緒帶來的負面影響……含括所有價值投資者的關鍵面向，處處都是洞見與啟發。

【學習第二層思考】第一層思考簡單、膚淺，幾乎人人做得到；第二層思考則比較深入、複雜，而且迂迴。

掌握第二層思考、打敗市場的關鍵是高度的洞察力。

【注意景氣循環】我們相信以下兩個概念：法則1：多數事物都有週期。

法則2：在其他人忘記法則1時，就是產生獲利和虧損的最大機會。

【在泡沫中避免虧損】在這種關鍵時刻要拒絕投資：貪婪和人性偏誤造成利多消息廣泛宣傳，使股價受到高估；或是利空消息被忽視時。

　　本書舊版上市已成為投資者人手一本的案頭書，新版加值收錄四位投資名家克里斯多夫‧戴維斯、喬爾‧葛林布萊特、保羅‧喬森、賽斯‧卡拉曼評注，以及作者新的洞察。

華爾街「投資大師中的大師」布魯斯‧葛林瓦德做序盛讚：「《投資最重要的事升級版》是集當代五位最佳投資思想家大成的作品。

」這本匯集當世投資智慧精華的書，就是霍華．馬克斯獻給投資人最慷慨的禮物。

Readmore PreviouspageLanguageMandarinChinesePublisher商業周刊PublicationdateJanuary1,2018ISBN-109869422640ISBN-13978-9869422642SeealldetailsNextpage CustomerswhoviewedthisitemalsoviewedPage1of1StartoverPage1of1Previouspage投资最重要的事：全新升级版5.0outof5stars 1Hardcover3offersfrom$25.49Nextpage TellthePublisher! I'dliketoreadthisbookonKindle Don'thaveaKindle?GetyourKindlehere,ordownloadaFREEKindleReadingApp. Exploretogether:Savewithgroupvirtualtours AmazonExploreBrowsenow Productdetails Publisher ‏ : ‎ 商業周刊(January1,2018)Language ‏ : ‎ MandarinChineseISBN-10 ‏ : ‎ 9869422640ISBN-13 ‏ : ‎ 978-9869422642ItemWeight ‏ : ‎ 1.4pounds BestSellersRank:#1,679,178inBooks(SeeTop100inBooks)CustomerReviews: 4.4outof5stars 37ratings AbouttheauthorFollowauthorstogetnewreleaseupdates,plusimprovedrecommendations.HowardMarksBriefcontentvisible,doubletaptoreadfullcontent.Fullcontentvisible,doubletaptoreadbriefcontent.HowardMarksischairmanandcofounderofOaktreeCapitalManagement,aLosAngeles-basedinvestmentfirmwith$80billionundermanagement.HeholdsaBachelor'sDegreeinfinancefromtheWhartonSchoolandanMBAinaccountingandmarketingfromtheUniversityofChicago.ReadmoreReadless Customerreviews4.4outof5stars4.4outof5 37globalratings 5star 63% 4star 22% 3star 11% 2star 0%(0%) 0% 1star 4% Howcustomerreviewsandratingswork CustomerReviews,includingProductStarRatingshelpcustomerstolearnmoreabouttheproductanddecidewhetheritistherightproductforthem. Tocalculatetheoverallstarratingandpercentagebreakdownbystar,wedon’tuseasimpleaverage.Instead,oursystemconsidersthingslikehowrecentareviewisandifthereviewerboughttheitemonAmazon.Italsoanalyzedreviewstoverifytrustworthiness. LearnmorehowcustomersreviewsworkonAmazon NocustomerreviewsThereare0customerreviewsand37customerratings. Yourrecentlyvieweditemsandfeaturedrecommendations›VieworedityourbrowsinghistoryAfterviewingproductdetailpages,lookheretofindaneasywaytonavigatebacktopagesyouareinterestedin. Backtotop GettoKnowUs Careers AmazonNewsletter AboutAmazon Sustainability PressCenter InvestorRelations AmazonDevices AmazonScience MakeMoneywithUs SellproductsonAmazon SellappsonAmazon SupplytoAmazon BecomeanAffiliate BecomeaDeliveryDriver Startapackagedeliverybusiness AdvertiseYourProducts Self-PublishwithUs HostanAmazonHub ›SeeMoreWaystoMakeMoney AmazonPaymentProducts AmazonRewardsVisaSignatureCards AmazonStoreCard AmazonSecuredCard AmazonBusinessCard ShopwithPoints CreditCardMarketplace ReloadYourBalance AmazonCurrencyConverter LetUsHelpYou AmazonandCOVID-19 YourAccount YourOrders ShippingRates&Policies AmazonPrime Returns&Replacements ManageYourContentandDevices AmazonAssistant Help EnglishChoosealanguageforshopping. UnitedStatesChooseacountry/regionforshopping. AmazonMusicStreammillionsofsongs AmazonAdvertisingFind,attract,andengagecustomers AmazonDriveCloudstoragefromAmazon 6pmScoredealsonfashionbrands AbeBooksBooks,art&collectibles ACXAudiobookPublishingMadeEasy AlexaActionableAnalyticsfortheWeb   SellonAmazonStartaSellingAccount AmazonBusinessEverythingForYourBusiness AmazonFreshGroceries&MoreRightToYourDoor AmazonGlobalShipOrdersInternationally HomeServicesExperiencedProsHappinessGuarantee AmazonIgniteSellyouroriginalDigitalEducationalResources AmazonWebServicesScalableCloudComputingServices   AudibleListentoBooks&OriginalAudioPerformances BookDepositoryBooksWithFreeDeliveryWorldwide BoxOfficeMojoFindMovieBoxOfficeData ComiXologyThousandsofDigitalComics DPReviewDigitalPhotography FabricSewing,Quilting&Knitting GoodreadsBookreviews&recommendations   IMDbMovies,TV&Celebrities IMDbProGetInfoEntertainmentProfessionalsNeed KindleDirectPublishingIndieDigital&PrintPublishingMadeEasy AmazonPhotosUnlimitedPhotoStorageFreeWithPrime PrimeVideoDirectVideoDistributionMadeEasy ShopbopDesignerFashionBrands AmazonWarehouseGreatDealsonQualityUsedProducts   WholeFoodsMarketAmerica’sHealthiestGroceryStore Woot!DealsandShenanigans ZapposShoes&Clothing RingSmartHomeSecuritySystems eeroWiFiStream4KVideoinEveryRoom BlinkSmartSecurityforEveryHome NeighborsAppReal-TimeCrime&SafetyAlerts       AmazonSubscriptionBoxesTopsubscriptionboxes–righttoyourdoor PillPackPharmacySimplified AmazonRenewedLike-newproductsyoucantrust     ConditionsofUsePrivacyNoticeInterest-BasedAds©1996-2022,Amazon.com,Inc.oritsaffiliates