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My notes | collable.blogspot.com Reviews
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Things worth to know
My notes: Stock market wizards, 2003. reread
http://collable.blogspot.com/2012/10/stock-market-wizards-2003-reread.html
Things worth to know. Stock market wizards, 2003. reread. P 180 You have to stay in your own area of confidence. For example, one of Warren Buffett’s best friend’s is Bill Gates. Yet Warren Buffett has never bought a single share of Microsoft because he considers the stock to be outside his area of confidence. P 273 One thing I like to do is pair up traders. You need a sounding board. You need someone who will say, “why are we in this position? 8221; There is a check and balance, as opposed to being in y...
My notes: Trading systems and money management, Thomas Stridsman
http://collable.blogspot.com/2012/10/trading-systems-and-money-management.html
Things worth to know. Trading systems and money management, Thomas Stridsman. P 21 decreasing the number of trades might decrease the performance for any individual market, but by making room for more trades in more markets, we can increase performance thanks to a higher degree of diversification. Stock market wizards, 2003. reread. Trading systems and money management, Thomas Strid. Trend trading for a living, Dr. Thomas K.Carr.
My notes: King Icahn
http://collable.blogspot.com/2013/01/king-icahn.html
Things worth to know. P 51 It is our contention that sizeable profits can be earned by taking large positions in ‘undervalued’ stocks and then attempting to control the destinies of the companies in question by:. A) trying to convince management to liquidate or sell the company to a ‘white knight’ b) waging a proxy contest; c) making a tender offer and/or; d) selling back our position to the company. P 122 Icahn’s cardinal rule: if you can’t act from a position of power, don’t act at all.
My notes: Trend trading for a living, Dr. Thomas K.Carr
http://collable.blogspot.com/2012/10/trend-trading-for-living-dr-thomas-kcarr.html
Things worth to know. Trend trading for a living, Dr. Thomas K.Carr. P 90 the trader who successfully puts these trading systems into practice is one who possesses all of the following:. The ability to take responsibility. A positive attitude toward success. A keen understanding of risk. The ability to maintain an open mind. P 138 Bullish strongly trending markets are easy to spot. here are the key indicators:. The 20MA is above the 50MA. Both the 20MA and the 50MA are rising.
My notes: Singularity rising, James Miller
http://collable.blogspot.com/2012/12/singularity-rising-james-miller.html
Things worth to know. Singularity rising, James Miller. P 49 So if an intelligence explosion is possible, then for a huge set of potential goals an AI would raise itself to ultra-intelligence and then kill all of us. For these reasons some Singlarity believers think that the greatest threat to humanity comes from being consumed by a powerful artificial intelligece. P 155 Overall, computers have superior chess judgement compared to humans, but skilled human players have insights that machines lack…. Makin...
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My notes
Things worth to know. P 49 Compounding is the royal road to riches. P 52 i did not need to predict anything to successful. P 107 buy when markets go up, sell when markets go down if you can put on a low-risk bet. No one can ever tell when a trend starts or ends. P 145 jesse livermore, the greatest profits are made by doing nothing and being patient. P 214 point in fact - you must take every trade. You never know which one will really work. Margin of safety, Seth A. Klarman. P 196 My approach to stops is ...
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