Fooled By Randomness is a book about luck- more precisely how we perceive and deal with luck in business and life. Nassim Taleb is the founder of Empirica Capital, a crisis trading firm and a professor of mathematical sciences at New York University. The book mainly focuses on investing. RATING: 3.6/5 CHECK IT OUT: GOODREADS … Continue reading Fooled By Randomness By Nassim Taleb
Chairman and cofounder of Oaktree Capital, Howard Marks, reveals his investment philosophy. RATING: 4.1/5 CHECK IT OUT: GOODREADS | AMAZON Also check out: The Warren Buffet Way KEY TAKEAWAYS: • Investment success doesn’t come from “buying good things,” but rather from “buying things well.” Thus, it’s not what you buy; it’s what you pay for … Continue reading The Most Important Thing By Howard Marks
Breaking down the career and key investment strategies from one of the greatest investors in history. RATING: 4/5 CHECK IT OUT: GOODREADS or AMAZON KEY TAKEAWAYS: Buffet believes that investors must be financially and psychologically prepared to deal with the market’s volatility. Buffet believes that unless you can watch your stock holdings decline by 50% … Continue reading The Warren Buffet Way By Robert Hagstrom Jr.