Co-Chairman of Oaktree Capital Management
by Annie Duke
“This book is a helpful guide for anyone contemplating how to make decisions when faced with imperfect information, uncertainty, and multiple possible outcomes.”
— Howard Marks: 10 Year-End Book Recommendations 2023
by John Kenneth Galbraith
“This book was extremely important for me because it told me about cycles, about euphoria and about the pendulum swing of human psychology. I recommend it to everybody –and it has the added virtue of being a thin book so you can get through it very easily.”
— Howard Marks Book Recommendations (All-Time) — Venture Book Club
by Peter L. Bernstein
“Bernstein talks in this book about the development of the science of probability and how the concepts of probability permitted us to get involved in transferring risk from those of us who want to avoid risk to those of us who are willing to take it –and I think that that is an essential concept.”
— Howard Marks Book Recommendations (All-Time) — Venture Book Club
by Ben Mezrich
“Howard Marks's Book Recommendations (updated 2025)”
— Howard Marks's Book Recommendations (updated 2025)
by Hans Rosling
“Howard Marks's Book Recommendations (updated 2025)”
— Howard Marks's Book Recommendations (updated 2025)
by Nassim Nicholas Taleb
“This book is a challenging but rewarding read that explores the role of randomness in life and investing.”
— 6 Book Recommendations From Howard Marks | The Acquirer's Multiple®
by Ray Dalio
“Howard Marks's Book Recommendations (updated 2025)”
— Howard Marks's Book Recommendations (updated 2025)
by Hua Hsu
“Stay True is a beautifully written memoir about friendship and loss set in Northern California in the mid-1990s.”
— Howard Marks: 10 Year-End Book Recommendations 2023
by Nassim Nicholas Taleb
“This book is a sequel to Fooled by Randomness and explores the concept of black swan events, which are events that are unpredictable and have a major impact on the world.”
— 6 Book Recommendations From Howard Marks | The Acquirer's Multiple®
by Kyle Harper
“This fascinating book offers an illuminating take on some of the lesser-known factors that contributed to the downfall of the Roman Empire.”
— Howard Marks: 10 Year-End Book Recommendations 2023
by Maira Kalman
“This book is a distillation of Dalio's life experiences and business principles.”
— 6 Book Recommendations From Howard Marks | The Acquirer's Multiple®
by Morgan Housel
“This book is a great read for anyone who wants to understand the emotional side of investing.”
— 6 Book Recommendations From Howard Marks | The Acquirer's Multiple®
by Robert G. Hagstrom
“Howard Marks's Book Recommendations (updated 2025)”
— Howard Marks's Book Recommendations (updated 2025)
by Charles Ellis
“If you think you can see the future and the world is going to go according to your decisions, go for winners. But if you think the world is full of randomness and uncertainty, spend your time trying to avoid losers.”
— Howard Marks Book Recommendations (All-Time) — Venture Book Club
by Howard Marks
by Benjamin Graham and David Dodd
by Benjamin Graham
by Howard Marks