Nice people thread part 3- Nice as pie

Generali

HAMISH_MCTAVISH wrote: »

Thanks for the tip. Now 100 pages in and find it hard to put down....

Haven't had that sensation with a book for a while. :T

Sorry to trash your weekend!:D

It's a cracker. Very easy to read and he's happy to share his failures and doubts as well as his successes which is unusual. He also doesn't make excuses for his failures, like when he loses $50,000 ($3,750,000 today) in 2 days as a 22y/o.

HAMISH_MCTAVISH

Generali wrote: »

Sorry to trash your weekend!:D

It's a cracker. Very easy to read and he's happy to share his failures and doubts as well as his successes which is unusual. He also doesn't make excuses for his failures, like when he loses $50,000 ($3,750,000 today) in 2 days as a 22y/o.

Just finished it, great read.

Loved the fact it's online like that too... Weird as it must sound, that's the first time I've read a book online and found it quite enjoyable on a proper screen.

Can't get into the whole kindle thing, don't like the screen or feel of the device. Only managed to get half way through Freakanomics and gave up & bought the paperback.

Feel free to post links to anything else that interesting!!!

Masomnia

Generali wrote: »

I don't mind reading off a screen. Paper is better but a screen will do.

For almost 90 years this has been The Book that they tell every share trader to read when they start. The author is the greatest speculator the world has ever seen IMHO. He once made $10,000,000 in a month* in the early C20th!

He doesn't see the word speculator as anything to be ashamed of. He's speculating (not betting) with his own money and he takes money off other people in the market fair and square as far as he sees it.

It's fascinating if that's what you're interested in. Which I am.

*$10,000,000 would have been convertible into about 15,000kg of gold at the time. That gold today would be worth about $750,000,000!!!

Does sound very interesting. All the stuff I've read has been about value investing like Graham and Buffet et al. so I'm looking forward to reading something a bit more 'racy'

vivatifosi

Now I've got Gen's recommendation and a seconding from Hamish I'll have to read. I'd love to see an economics/ business/ finance books sticky that people can contribute reviews to.

chewmylegoff

lostinrates wrote: »

DH's firm have confirmed neither of us are allowed to pick and choose shares, only buy through an IFA/pension fund where we can't actively choose shares.

That is a pretty brutal PA dealing policy!

Mine actually has a clause in it acknowledging that it cannot be imposed on an employee's partner.

HAMISH_MCTAVISH

vivatifosi wrote: »

Now I've got Gen's recommendation and a seconding from Hamish I'll have to read. I'd love to see an economics/ business/ finance books sticky that people can contribute reviews to.

That's a great idea viva.

Good race so far BTW.:D

Generali

How do we ask for a sticky to be set up?

It would be good to have something that covers articles as well as books. I come across things like this for example (a piece about the apolitical 'Indignant' movement in Greece that is just generally fed up rather than wanting anything in particular) that might be of general interest but for which I wouldn't start a separate thread.

If you want another book, this is longer but is also a classic from the C19th:

http://www.archive.org/stream/memoirsextraord06mackgoog#page/n7/mode/2up

Memoirs of Extraordinary Popular Delusions and the Madness of Crowds (Volume I) by Charles Mackay

Volume II is also worth a read. He discusses various investment bubbles, fortune telling and beards(!) in Volume I. Volume II contains, among other things, a look at popular criminals, the crusades and Relics.

tomterm8

In its own way, the 13 steps to mentalism by coranda is a book people may be interested in. If you are of a particular bent.

vivatifosi

HAMISH_MCTAVISH wrote: »

That's a great idea viva.

Good race so far BTW.:D

Cheers Hamish. That was a Monaco classic. Great race. Vettel was very, very lucky.

Incidentally we walked the GP circuit at Monaco a couple of weeks ago and that stretch between Swimming Pool and Rascasse seemed the narrowest on the track. Having seven cars in a battle and about to be overtaken by the three leaders also in a battle was always going to end in tears in that particular area.

lostinrates

Unexpected arrivals today: neighbours unnuetered barn cat has done what unnuetered cats do and neighbour asked if we'd have a couple more barn cats. Yeah right. Like the two bundles of fur arriving here are going to be barn cats...they'll also be neutered ASAP. I know my cats are going to be heartbroken and horrified and in many ways I'm a bit sad....the cats and DH and I are a sort of ''team'' but we'll all have to squish up a bit more in bed and make sure my girls know that pride of place in the middle is still theirs.

I wish they'd neuter that cat.