One tweet summaries of some of the more popular books on investing
1. A Random Walk Down Wall Street: The movement of a stock price resembles the walk of a drunkard and a blindfolded monkey can do a better job at picking stocks than your portfolio manager
1. A Random Walk Down Wall Street: The movement of a stock price resembles the walk of a drunkard and a blindfolded monkey can do a better job at picking stocks than your portfolio manager
2. Intelligent Investor: When companies have hidden potential tucked away deep inside and people fail to notice, it's your time to shine. Buy these bad boys and stay invested for a long time. You'll be rich. Very very rich.
3. One up on wall street: Pay attention to the chicken soup you eat. Pay attention to that diaper brand your baby uses. Pay attention to the telemarketing company with a virtual monopoly. It's when you pay attention to the less glamorous stuff do you get one up on wall street
4. Irrational Exuberance: It's important to know when the markets are frothing with excitement. Once you know it's happening, run for the woods. Because the key to making big money in the markets is to know when not to be in the markets
5. Rich Dad Poor Dad: It's important to be financially literate. It's important to save money and it's important to invest in assets that help you compound wealth. That's what separates a rich dad from a poor dad.
6. Black Swan: What you deem improbable is likely more probable than you think. And to explain these events using a cause and effect sequence isn't ideal. Because it's all chance. Everything is chance.
7. The Man who solved the market: Get a codebreaker. Get a scientist. Get every genius you can find. Put them in a room and ask them to use statistics to eke out inefficiencies in the market. Voila!!! You have solved the market
