In the post Meet Nassim Nicholas Taleb, I dropped in this quote without adding any comments.
… [continue reading]the good investment strategy is to put 90% of your money in the safest possible government securities and the remaining 10% in a
Although there are several good sources on the Internet for financial and economic information, if I had to pick my favorite it would be John Mauldin’s newsletter. The newsletter is free and is sent out twice a week, with … [continue reading]
A pal of mine recently told me that I should read the 1922 investing classic: Reminiscences of a Stock Operator.
Reminiscences of a Stock Operator (Wiley Investment Classics) by Edwin Lefevre is as relevant today as it was in … [continue reading]
After reading this book, I’m convinced that humans are programmed to not learn from history.
Devil Take the Hindmost: A History of Financial Speculation by Edward Chancellor covers financial speculation from Tulip Mania through the LTCM crisis of 1998. The … [continue reading]
In my post Ignore My Financial Advice, one of my tips was to read financial history. One aspect of financial history I’d like to address is this baby-boomer nonsense that the stock market always goes up in the long … [continue reading]
One of my favorite genres of reading is financial history and nobody does a better job than Roger Lowenstein.
Origins of the Crash: The Great Bubble and Its Undoing by Roger Lowenstein is about the economic history leading up and … [continue reading]