Good Reads

[kiora]

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

[kiora]

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. "

[kiora]

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

[percy]

Just finished The Reckoning by Yrsa Sigurdardottir.A good read.

[kiora]

John Mauldin sees unnecessary bubbles and misallocation of capital
"My 2020 forecast issue, which you’ll see after the holiday break, I’m planning to call “The Decade of Living Dangerously.” Sometime in the middle to late 2020s we will see a Great Reset that profoundly changes everything you know about money and investing".
https://www.interest.co.nz/opinion/1...l-banks-strive

[beetills]

I suppose if you continually predict that the collapse is coming,then you will be right sometime.
From what i have read his predictions or at least some of them have a chequered past.

[percy]

Adam Brookes writes a good read.:
Spy Games follows on from Night Heron.
The Spy's daughter was also a good read.

[percy]

"The Billion Dollar Bonfire" by Chris Lee.
A well researched and well written book about Alan Hubbard and South Canterbury Finance.
A must read by any one who follows the NZ sharemarket,finance companies and banks.

[winner69]

Just finished The Bonanza King by Gregory Crouch and it was a fascinating read.

About Jay Gould who was one of the most ruthless of the so-called robber barons of America's Gilded Age. He gained his wealth through railroad stock manipulation, but it was his acquisition and control of Western Union, which had a near-monopoly on communications in that era, that caused Americans to tremble and view him as a threat to democracy itself

[percy]

Have been reading some not very good books,However two books by Andrew Gross,The Saboteur, and Button Man were good reads.
Just finished "The Mobster's Lament" by Ray Celestin.Will read his other two books The Axeman's Jazz,and Dead Man's Blues.Anyone looking to read this author may be best to start with the The Axeman's Jazz as it is the first in the series.