Benjamin Graham's Forgotten Masterpiece | World Commodities & World Currency | Between the Lines
Between the lines Pallavi Sehgal Between the lines Pallavi Sehgal
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Benjamin Graham's Forgotten Masterpiece | World Commodities & World Currency | Between the Lines

Benjamin Graham is known as the father of value investing. But in 1944, while the world's architects gathered at Bretton Woods, Graham published a very different book — one that almost nobody reads today, but speaks directly to the currency debates we're having right now. 'World Commodities and World Currency' proposed something radical: a global currency backed not by gold alone, but by a basket of essential commodities

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Between the Lines | Howard Marks on Risk | The Most Important Thing
Between the lines Pallavi Sehgal Between the lines Pallavi Sehgal
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Between the Lines | Howard Marks on Risk | The Most Important Thing

In 2008, while Wall Street collapsed, Oaktree Capital deployed $500 million a week into distressed assets. By the time the smoke cleared, they'd generated billions in returns — not despite the crisis, but because of it. The architect was Howard Marks, whose investor memos Warren Buffett reads religiously. In 'The Most Important Thing,' Marks distills forty years of investment wisdom into a single question: what does it actually mean to think like a superior investor? The answer has almost nothing to do with finding winners — and everything to do with understanding risk.

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