A few more books...
Reminiscences of a Stock Operator by Edwin Lefevre. I felt long overdue in reading this one. Tells the tale of famed trader Jesse Livermore. At heart, it provides great insights into the mentality that is required. Such as follow the trend and don't let the noise and fluctuations distract you. But, the best nugget, it's okay to take a loss, it's just not okay to be wrong.
The Little Book that Beats the Market by Joel Greenblatt. Largely a tip of the hat to Benjamin Graham and value investing. The key is to look for companies that combine high ROAs and high earning yields to generate a margin of safety. And that the market can get it wrong in the short term, but generally figures it out in the end, Not much else to say about it.
Broken Money
The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
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In light of my previous post, here's what I'm thinking: buy some GLD $180 calls that expire 3/16/13. Right now, you can get them fo...
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The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
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When it comes to understanding what's going on in the world -- and, by that, I mean the real facts and actual implications, rather than ...