Day One: Sharing My Investment World
This is gonna be dig. Real big. I feel it welling inside me. Burp, uummm that’s better.
Beer doesn’t agree with me, but my pleasure from a good Kristallweizen outweighs mild gas, especially when we’re out of wine and all the champagne is too good to pop, at home by myself. (Emote: contented self pity wrapped up in pleasure and pain)
Ten days to move my investing world online and share it with you, that’s some challenge. Anyone else up to it? Pitch in or link your own brain/computer dump. I think I may need support, but let’s see how we go. Stay positive Dean, focus.
Day One: My Reading List
Or more accurately, ten excellent investment articles from my hard drive reading list, in no particular order.
- First up is a file I just downloaded from T & K Futures and Options Inc. Why do so many people lose money in commodity options? This article nee book is chock full of fantastic information that everyone should know before trading options and many of us already trading should brush up on. Not surprisingly, this topic is also Day One in Ten of the Biggest Mistakes in Option Trading.
- That is the one and only options article in this list and the following is the only straightforward advice for beginning investors. Richard Band shares What to tell Your New Graduate About Investing.
- From vinvesting.com Art of Stock Picking By Charlie Munger
Key thoughts on wisdom, lattice work, multiple models. At first mathematics, then accounting, the importance of psychology, microeconomics, advantages of scale. I must re-read this! - 21st Century Investor’s Economic Indicators book. This does what it says on the tin. Understanding the “Official” 17 Key Indicators and How They Move the U.S. Stock Market.
- Elliot Waves. Did I mention this was going to be a eclectic mix? It’s pure fusion. This is probably 122 pages more than you want to know about Elliot Waves so here is a one page primer.
- Fundamental Equity Analysis a Primer written by David Nincic as an advanced study project in Finance at The Wharton School.
- Phantom of the Pits. Another ebook I must re-read and yet another create example of lattice work within the investing world, or fusion investing for short. I’ve fused many mental models of traders into my investing style. The vast majority of traders core principles are sound across most investment styles.
Most traders plan only for the probability side and that to them is always what they consider the winning side. This is the biggest mistake you can make in trading. You must plan for the losing side.
- Mark Sellers’ speech So You Want To Be The Next Warren Buffett? How’s Your Writing? is regularly and deservedly linked to. I last found it available at beearly.com
- The Super Investor of Graham-and-Doddsville by Warren E Buffett. A shorter version is available at Tilson Funds.
- The Original Turtle Trading Rules. Essential reading for any trader and full of good advice for all investors. From the importance of position sizing to the details behind this mechanical investment system.
Cheers
Dean










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