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Thread: Good Reads

  1. #46
    percy
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    Quote Originally Posted by westerly View Post
    Olen Steinhauer, Bernard Minier and Dan Fesperman are also worth a look.

    westerly
    Been reading them,and enjoying them.
    Just finished Dan Fesperman's "The Letter Writer" which was a great read.
    No.2 daughter lent me Mick Herron's "Slow Horses" which she loved.I found it hard reading,just did not seem to flow for me.
    "The Unknown KIMI Raikkonen" by Kari Hotakainen, would be the worst book on a Formula 1 champion I have read.

  2. #47
    percy
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    Just finished another great read.
    Philip Kerr's "Metropolis" featuring Berlin detective, Bernie Gunther.
    Although it is Philip Kerr's final book, it goes back to the start of Bernie's career as detective.

  3. #48
    An Awesome Cool Cat winner69's Avatar
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    This book attracted me at the dump shop so had to buy it (for a buck)

    The Wizards of Ozymandias: Reflections on the Decline and Fall Paperback – Butler Shaffer


    Preface includes this -

    In his great poem "Ozymandias" Percy Shelley pictures for us the eponymous tyrant whose arrogance of power could not save him from historical oblivion. Ozymandias is a reminder of the fragile nature of every system—be it biological, institutional, or cosmic in character. As we are learning from the advanced course in history in which we seem now to be enrolled, this precariousness also applies to civilizations. It is difficult for intelligent minds to doubt that this current system is in the process of joining Ozymandias in the dust-bin of history.

    The book is actually a series of essays so you can skip bits if it gets a bit heavy but good stuff about how arrogance often leads to oblivion

    Finished it now ..will donate to the DCM (Inner City Ministry) book fair ...good cause
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  4. #49
    percy
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    Quote Originally Posted by winner69 View Post
    Found a Bernard Minier “Don’t Turn out the Lights” at the Tip Shop yesterday .....cost 50 cents

    Very busy was the Tip Shop with plenty if Xmas presents being bought
    Started reading it tonight.
    Given up at page 24..Will read Darkness, darkness by John Harvey.
    Then will have another go at it.
    "Darkness,darkness" was a good read.
    Could not get into "Don't Turn Out The Lights".
    Just finished "The Quiet Death of Thomas Quaid" by Craig Russell.Enjoyed it, so will look for more of his books.
    Last edited by percy; 07-07-2019 at 03:10 PM.

  5. #50
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    From Ray Dalio
    "Identify the paradigm you’re in, examine if and how it is unsustainable, and visualize how the paradigm shift will transpire when that which is unsustainable stops."
    "Though not always perfectly aligned, paradigm shifts have coincidently tended to happen around decade shifts—e.g., the 1920s were “roaring,” the 1930s were in “depression,” the 1970s were inflationary, the 1980s were disinflationary, etc"
    https://www.linkedin.com/pulse/parad...fts-ray-dalio/
    Last edited by kiora; 24-07-2019 at 11:21 AM.

  6. #51
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    This is so true
    https://finance.yahoo.com/m/dd15a281...l-amplify.html
    One day the portfolio was worth $X
    When a Tsunami hits its worth $X-10,20,30,40,50%?

    So be careful when investing in illiquid stocks/investments They are only useful for very long term portfolio's and need to be liquidated well before their funds are needed

  7. #52
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    Quotes I like from the Strawman
    "future bear markets are considered a risk, whereas past bear markets are seen as an opportunity."
    "that all of the best long-term gains come in spite of volatility, not in its absence."
    Regarding stop losses
    "force investors to lock in regular losses while (severely) limiting their potential returns. Oh, and they significantly increase trading costs (which is why brokers love them so much)."
    "volatility is par for the course. It’s the unavoidable price of higher long-term returns. "

  8. #53
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    Only invest in companies you trust.It means a lot for brand value
    https://www.interest.co.nz/opinion/1...enefits-who-do

  9. #54
    percy
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    Just finished The Reckoning by Yrsa Sigurdardottir.A good read.

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