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Originally Posted by westerly
Olen Steinhauer, Bernard Minier and Dan Fesperman are also worth a look.
westerly
Thank you for introducing me to these authors.
I really enjoyed The Circle by Bernard Minier,and Safe House by Dan Fesperman I could not put down.Have The Arms Maker of Berlin on order.
Picked up The Middle Man by Olen Steinhauer this morning as well as Midnight Sun by Jo Nesbo.[not sure if I have already read it.]
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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
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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Originally Posted by winner69
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
“Don’t Turn out the Lights” was quite enjoyable
Took it back to the Tip Shop for somebody else to enjoy
While there bought a book on the history of lighthouses built on rocks around the UK.....”Seashaken Houses” for 50 cents. Really fascinating how they built some of them.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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Originally Posted by winner69
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 04:10 PM.
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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 12:21 PM.
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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
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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. "
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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
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