I read this book three times this year (2 times in CN version and 1 time in EN version). Highly recommend, especially in the market downturn. For 90s Chinese, nowadays (2022) it’s actually a perfect time to understand the downturn cycle which we rarely experienced since we born. This book is not going to talk about all the techniques but the mindset and philosophy (道而非术)

This book explains the psychology of investment very well. You would think it's hind site but, the memos prove that only the Great, Howard Marks can see the future before everyone does! Must read for unskilled investors!