Books Recommended by Howard Marks
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The Little Book of Investing Like the Pros
Five Steps for Picking Stocks
Joshua Pearl
Source: "Simply put, I have never before seen a book that provides the same complete and thoughtful orientation to the process of investing." - Howard Marks
The Psychology of Money
Timeless Lessons on Wealth, Greed, and Happiness
Morgan Housel
Source: "[The author]’s observations often hit the daily double: they say things that haven’t been said before, and they make sense." - Howard Marks
Thinking in Bets
Making Smarter Decisions When You Don't Have All the Facts
Annie Duke
Source: "So many of [the author's] thoughts on poker and on decision-making in general agreed with mine." - Howard Marks
Principles
Life and Work
Ray Dalio
Source: "I think the guiding quote of the book is [one] from Mark Twain, 'History does not repeat, but it does rhyme.'" - Howard Marks
Factfulness
Ten Reasons We're Wrong About the World - and Why Things Are Better Than You Think
Hans Rosling
Source: "Unmasks a lot of misperceptions that people have about the state of the world." - Howard Marks
The Warren Buffett Way
Robert G. Hagstrom
Source: "I was asked to write the foreword for the latest edition." - Howard Marks
Fooled by Randomness
The Hidden Role of Chance in Life and in the Markets
Nassim Taleb
Source: "Really about how much randomness there is in our world." - Howard Marks
Winning the Loser's Game
Timeless Strategies for Successful Investing
Charles Ellis
Source: Howard Marks referenced this book in a "Knowledge@Wharton" interview.
A Short History of Financial Euphoria
John Kenneth Galbraith
Source: "Has been very inspirational for me." - Howard Marks
Wealth of Wisdom
The Top 50 Questions Wealthy Families Ask
Tom McCullough
Source: "I recommend." - Howard Marks
Bringing Down the House
The Inside Story of Six M.I.T. Students Who Took Vegas for Millions
Ben Mezrich
Source: Howard Marks has this book on his shelf.