The Book of Investment Wisdom by Peter Krass
At first, everyone comes to the stock market for big, quick money and wants to be speculators, but gradually they realize that being an investor is much safer.
Investing doesn't bring huge profits like scalping , but the losses are also incomparably lower.
Being an investor isn't easy either; it requires a wealth of knowledge, which can be gleaned not only from personal experience but also from specialized literature.
The title alone suggests that "The Book of Investment Wisdom" is exactly the textbook a future investor needs.
Its author, Peter Krass, is a well-known analyst and author in financial circles. His book has managed to compile the experience of many successful investors and summarize their knowledge.
Essentially, it's a collection of interviews with great financiers on the most important aspects of trading and investing.
1. The essence of the analysis is the basic principles of assessing the real value of shares and forecasting their prospective price.
2. Relationships and Philosophy – assessing trading abilities based on a person's character, the difference between investing and speculation, Wall Street millionaires, and the dream market of the most famous stock exchange.
3. Strategy – what is the essence of long-term investing and how profitable it is, time-tested approaches to trading.
4. Market cycles – the cyclical nature of price movements and how to learn to use this pattern when choosing an investment object.
5. Insider's Views - What Those Who Work There Say About the Exchange, Investing in Style hedge fund.
6. Lessons from Famous People – perhaps the most useful section of the book, which will allow you to learn something from the best professionals in the field of finance.
7. Learn from mistakes – vivid examples of other people’s mistakes from which you can gain invaluable experience.
8. What is there besides blue chip stocks? futures trading, how to make profits greater than losses, what is the art of hedging.
The book is captivating in its content; it is not just a source of theoretical information, but also allows you to learn many interesting and useful facts about the lives of the world's powerful.
Download the Book of Investment Wisdom
