Best Investment Book of All Time

[recession2016]

the book of life

 

[comagnum]

I changed my mind - I just finished a market book that is now my favorite.

'Devil Take The Hindmost'

 

[felixbocharov]

It's the best because he interviews many ultra succesful money managers and distills the wisdom. These are the words of the top people on earth on the subject, not tony robbins thoughts.

Stuff that's working now. Not ancient stuff from market wizards which is great reading for history but pretty useless application wise.

Well, If so, I gonna give it a shot.

 

[JSSPMK]

So basically all this confirms is that money management worked, works and will continue to work. What's new?

 

[Trading Education Buyer]

the book of life

How about adding value to this thread ?

https://www.elitetrader.com/et/threads/profitable-day-trading.305142/

or go and write a book about day trading and sell courses on day trading on this free profitable system , as a vendor ?

or take a fancy impressive forum name , to impress noobs as Professor dietrimony-sorros fat boy trader , professional day trader.

 

[Trading Education Buyer]

One flew over the cuckoo's nest .

It shows you all the emotions of different traders and more about , the characters who go into investing in trading.

 

[Bobby Jay]

The book "The Intelligent Investor" by Benjamin Graham is a great one.

 

[just21]

 

[Frederick Foresight]

Did you ever hear of an odd fellow named marketsurfer? He used to repeatedly insist that successful traders had to take huge risks to generate outsized returns. If you should ever meet him, be sure to set him straight.

I don't believe outsized, champion style returns are possible without taking big risks.

Its only unscrupulous if your investors are unsophisticated and don't understand the risk. VN ONLY had extremely knowledgable professional investors who invested with him for the potential of huge returns ( which he delivered) along with the high risk.

He had to bet big to retain the top rankings in the hedge fund game--- rather than pull back to make a respectable return, he had to beat everyone else at returns. This demand huge bets and the risk is just as big.

marketsurfer: have you ever been assured of something so strongly that you are willing to take a huge risk? I guess not, and you will never understand so you mock those stepping up to the plate. 90% isn't 100%, there is enough left over in the worst case to start again.

https://www.elitetrader.com/et/threads/surfer-alerts.263424/page-105#post-3817107

And so on...

 

[JeffGoldman]

My vote is for "Failed Traders: The 20 Common Mistakes Committed By Over 1000 Losing Traders" www.failedtraders.com . But then again, I did write it!!

Jeff