Howard Marks shares his insights into investment strategies, emphasizing the importance of managing risk. The book dives into the psychology of investing and discusses how successful investors approach market cycles and uncertainty. Marks explains why second-level thinking is essential to achieving superior results. It’s an essential read for investors seeking to improve their understanding of risk and reward.

https://www.amazon.com/Most-Important-Thing-Common-Sense-Investing/dp/0231153686