<< 1 >>
Rating: Summary: See that little pig on the front cover - that's me Review: ...Pigs get slaughtered" - by Anthony M. Gallea. Man it sure helps to read the right book before doing something stupid. I just love the way it is so well organized. Simple, clean, - the title and one page of info, keeps you from getting lost in too much info. I just love page 120..."an investor can be stubborn and refuse to learn. The market will simply send him to the woodshed, extract some more tuition, and try to teach him again." I know I've done a particular mistake three times now, you would have thought I'd learn the lesson the first time. And the next page 121... Basically, if you have negative thoughts and emotions your not going to think clearly, and the market will be more than willing to take your money. Everything's not a total loss, I have gotten information out of this book that has saved my bacon - Page 5..."Stocks beat bonds, but the flip side is that in a bad market, bonds beat stocks." Where I was, I would have lost, 7% one month, 7% another month, and 10% the next month. So, I definitely got my money out of this book.
Rating: Summary: VERY POOR Review: A VERY POOR BOOK, IN FACT I FIND READING DAILY NEWSPAPERS MORE INFORMATIVE AND ORGANIZED. NOTHING NEW NO CHARTS, NO GRAPHS ONLY GENERAL ADVISING TEXT IT IS REALLY A TV INTERVIEW RATHER THAN A BOOK. I STRONGLY ADVISE NOT TO PURCHASE
Rating: Summary: Read it, or get slaughtered, or assassinated, some day Review: Certainly the headline is exaggerated, but not much. No matter how long one had stayed in the market and how much one had gained or lost, it's not over until one had completed a cycle, which could be as long as several years, or even decades. Unless you get what you deserve or your system/style really works, what you earned is just what you borrowed, as concluded by the author of "When Genius failed", an account of rise and fall of the Long Term Capital Management, the once biggest of all funds. In this book, the author, with his time proved success in fund management, told the readers, in the format of newspaper columns, his failures, successes, thoughts and thus hard earned productive experience about how to survive in the markets. The stories are interesting, concise, and easy to understand. As a veteran trader, I can tell the book is so valuable in reminding me of, thus deserving a regular rereading of it, what I easily forgot in the so exhausting trading war field. To end my review, I would like to copy a few words for anybody's reference:- "But it's the pigs who get slaughtered. It's the investor who loads up on a single position and crosses his fingers and waits for that big move that will carry him home. It's the investor who has a full position in a commodity, and the contract moves in his favor, and he responds by loading up past all reasonable and prudent risk. These are the pigs, and they are slaughtered with distressing regularity. At the very least, set a stop loss that preserves some profit on a winner. Profits in the market are difficult enough to come by. Once you have one, it is simply not acceptable to let the profit turn into a loss."
Rating: Summary: Stock market wisdom, in a nutshell Review: If I were to own only one stock investment book, I would choose this one.
Rating: Summary: Bulls/Bears make money, the authors should not have Review: Read instead Reminiscences of a Stock Operator, ISBN: 0471059706
Rating: Summary: Many great bits of advice Review: This book is composed of stock market maxims and truisms that are of value to both novice and experienced traders. The section on options is easily worth the price of the book. Gallea goes contrary to the advice of the ordinary market guru. As a professional options trader for 25 years, I find this advice to be right on the money.
Rating: Summary: Investment wisdom tips that are easy to follow Review: This collection of investment wisdom tips is easy to follow and not as dense as competitors - yet it presents solid investment advise organized around maxims. From standard perceptions about stocks beating bonds in the long run (Bulls Make Money, Bears Make Money, Pigs Get Slaughtered tells why) to advice on how to ignore the 'experts' - and when - enjoy a book packed with tips and easily-followed strategies.
Rating: Summary: Things To Be Learned Review: This is a book on the stock market told from an insiders view. It covers many different subjects on the overall stock market. It is a book of wisdom from someone who has been there and made it on the street. You will not learn how to read charts or figure out how to calculate moving averages by reading this book, but there are lessons to be learned. It could take years before the lessons are understood.
Rating: Summary: Quick and Practical Review: This is a compilation of sayings on Wall Street with a practical lesson behind each. In my opinion it is something that every investor and trader can benefit from. The author touches on just about every scenario investors and traders are faced with. It is not a "how to" book on investing, but the author does provide the experienced investor/trader with some solid ideas to create wealth. The autor does have a book called "Contrarian Investing" written several years ago. This was a good book, and if you are looking for a book on investing, CI would be a better choice than Bulls make money.
<< 1 >>
|