The Signal and the Noise. See my book review.
viewtopic.php?f=2&t=7040&p=55155&hilit=Silver#p55155
Anyone read any good books?
I've been reading this book, which is an interesting exploration of human cognitive biases: http://www.amazon.co.uk/You-are-Not-Sma ... 1851689397
Jeff
Jeff
Poor Charlie's Almanack
Haven't read it yet, but got a copy of it and am looking forward to reading it.
Here's an amusing pic from the book
...and a wise quote:
Haven't read it yet, but got a copy of it and am looking forward to reading it.
Here's an amusing pic from the book
...and a wise quote:
"Capitalism works best when there is trust in the system." - Munger
You do not have the required permissions to view the files attached to this post.
I read this book back in 1996.
Warning - it made me want to quit my job and set out on my own.
http://www.amazon.com/dp/0887308554
Warning - it made me want to quit my job and set out on my own.
http://www.amazon.com/dp/0887308554
Go through a fair bit of this book on the plane today.Ferru123 wrote:I've been reading this book, which is an interesting exploration of human cognitive biases: http://www.amazon.co.uk/You-are-Not-Sma ... 1851689397
Jeff
I think Malcolm Gladwell extensively drew on a lot of this book in Blink. Although that could just be my cognitive bias at work.
Used my US Amazon kindle account to purchase. Looks like that is all coming to an end. I've received an email from Amazon warning me that they suspect me of living outside the United States and saying I need to send proof of residence within 90 days.
Seth Godin's books are really good.Hermes wrote:Just ordered Seth Godin's "Small is the new big" - I just love that guy's views. Though it's quite old , I have discovered it just recently.
I've read Tribes, Linchpin and Purple Cow. I got The Dip next in line.
Just started to read the excellent "Trading In The Zone" by Mark Douglas as I've seen it mentioned a few times here. Only a few chapters in, but I am puzzled by the reference to risk taking. He says it is very important and a key to becoming a good trader. By risk, is he referring to the possible loss if a trade goes wrong or a risk of something else?...still reading it but it is so good I was wondering if anyone else had a view?
- superfrank
- Posts: 2762
- Joined: Fri Aug 14, 2009 8:28 pm
if i remember correctly he's talking about the acceptance of risk, i.e. mentally accepting (and being comfortable with) the risk (of loss) associated with placing any trade. good advice. many think they are comfortable with risk but their reactions to losing trades suggests they are not.