This is not the Complete Guide to Futures, it is a pointer to the guide and a reminder for me. The book which has been called a comprehensive and essential examination of fundamental and technical analysis has been essential reading since 1984.

There are many ways to learn something. The two most utilised are experiential and theoretical, doing it and reading about it.

I’ve still got plenty more to learn from Klarman, though I will never follow his exact path. I’d be disappointed if I’d shelled out a grand for Margin of Safety. Klarman would call the trading of his book at Amazon “trading sardines”.

A month ago I was not checking the VIX daily. The Volatility Index hit a new high of 59.06 during Wednesdays sixth straight fall for US markets.
For the Dow and the S&P 500, Wednesday capped their biggest six-day point loss ever. It was a session of wild swings, with no clear direction determined until the final minutes…
In the last hour of trading, U.S. Treasury Secretary Henry Paulson warned that the turmoil “will not end quickly.”
In possibly unrelated news. Last night I decided to re-read The Book of Investing Wisdom, …

As I mentioned with The Way of the Turtle, on Fridays I get 20 minutes of kid free time to speed read a book in Borders. This week I choose If It’s Raining in Brazil, Buy Starbucks By Peter Navarro.
This book is a foil to those financial gurus who eschew top down investing. As it says on the cover this is “The Investor’s Guide to Profiting from Market-Moving Events”. Peter Navarro embraces the big picture macrowaves and he has some heavy hitters in support. The book leads off with the …

Most Friday’s I drop my daughter at dance class, head to one of Melbourne’s best cafés and have a latte while I wait for Borders to open at 10. I then have around 20 minutes to choose and scan an investment book. While I am normally a slow reader I can skim a book in 20 minutes and pick out a few lessons which resonate with me.
Today my book of choose was Way of the Turtle, by one of the original turtles, Curtis Faith.
Almost every page I scanned contained a …

Inside the mind of George Soros.
Soros wanted to write more than a finance investing book and succeeded in doing so. There is plenty to satisfy the thoughtful investor, including timely advice like, “One should own stocks when they have successfully paused a difficult test, but one should avoid them during the test”.