Book Review
There are many famous traders in the investment world, people who made a fortune in the blink of an eye by observing the market and making the right call at the right time. G.M. Loeb is unique among them in that he is the only one who made money on the bull side during the Great Depression, i.e. he made…
I picked up William J. O’Neil’s How to Make Money in Stocks after another author stated that, after reading thousand s of other books in the stock trading genre, it was among the top 5. Reading it for myself, I can see why. Honed by decades of experience presenting information to diverse audiences, O’Neil presents a method of stock selection…
“There’s nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.” Thus opens Reminiscences of a Stock Operator, a stock trading book authored by journalist Edwin Lefevre and trader Jesse Livermore that became an instant classic when it was first…
There are various schools of thought in the personal finance literature. Some focus on practicing frugal living, some on obtaining assets for passive income, and others still that emphasize stock portfolio balancing. One branch stands apart from the rest in that it focus on your personal mindset. According to this school of thought, the biggest obstacle to becoming wealthy is…
Why does hard work come to nothing? This is a question that has plagued mankind since people realized that they could not have everything they wanted in the time allotted to them. It is also the topic of conversation between Bansir the chariot builder and his musician friend Kabba in George S. Clason’s work “The Richest Man in Babylon”. They…
As many frugal people know, going to the library is one of the best ways to save money. Not only can read the great classics for free, but you frequently find other good works that have fallen by the wayside for one reason or another. I was looking for such books in the finance section like usual when I came…