Books on Investing: Discussions, Reports &amp; Suggestions

Top 17. Dec 15, 1998 5:33 AM

» tele - Minding Mr Market

I'm reading the above by permabear James Grant. Although Grant has been wrong for a long time on the US stock market he is a very entertaining writer. He reminds me a bit of a guy on my baseball team in high school who was a substitute outfielder. This guy had a great arm and a great sense of style on the field, but unfortunately couldn't catch a fly ball (but he looked better missing a fly than most guys did catching one).

Anyway Grant's book is a collection of essays from his newsletter, all of which are interesting commentaries on past events in the financial world of the 80's and early 90's.

-- posted by tele

Top 18. Dec 15, 1998 4:32 PM

» lana98 - Mark, regarding "Die Broke" :-)

Mark, I did not have to try living the concept "Die Broke", I am the walking testimony of Living Broke and Die Broke
According to you,
For those without kids, why not try the reverse mortgage and charitable remainder trust approach to generate income in your later years.

And for those with kids, why not try a new (refinancing) mortgage and getting your name on someone else's charitable remainder trust approach to generate income in your later years.

:-)

-- posted by lana98

Top 19. Dec 15, 1998 4:44 PM

» lana98 - JenL_2 Should I or shouldn't I.....

Will I or won't I?
Na, catch my answer on the Investment Humor thread
:-)

-- posted by lana98

Top 20. Dec 16, 1998 9:04 AM

» KirkL - Reading to Get Started

I urge all people getting started in investing to read two excellent articles on the industry before they make any decisions on where to get advice:

1. "Financial Planners - Report", Consumer Reports Magazine, January 1998, pages 31-37.

2. "Do You Need A Financial Planner?", Mutual Funds Magazine, December 1998, pages 88 - 91.

-- posted by KirkL

Top 21. Dec 16, 1998 7:19 PM

» Mark_J - Anyone read Living Rich?

Has anyone read Stephan Pollan's sequel to "Die Broke?"

-- posted by Mark_J

Top 22. Jan 7, 1999 9:04 AM

» KirkL - To:

To: Kevin R. From: Kirk Thursday, Jan 7 1999 12:01PM EST

Sure is comical how it's a hold or a sell at $10, and a buy at $20-$25! Guessing when it doubles again it will be a strong buy! Thanks for being so intelligent Wall Street!

This is so true. I am reading a great book "Contrarian Investment Strategies : The Next Generation : Beat the Market by Going Against the Crowd".

Here is a url to buy it or read a review:
http://www.amazon.com/exec/obidos/ASIN/0...

The book does a really good job of explaining just what we have been doing by buying Lam at $10, $12, etc... when nobody wanted it and laughing when it gets upgraded near the peaks.

Last night I read that analysist are not paid for being right! Amazing... The book talks about classic analysist calls to get out of a certain company and how the analyst often lost his or her job since the investment bank the analysist worked for often handled much of that companies business! Just today, I noticed that the CNBC interviewer was asking the analysists after they said they liked a compny "Do you do investment banking for this company?" and the answer was "yes" for every stock that was recommended!!!

The book is a real eye-opener.
Sign a big account then get your guy on CNBC to give that company as a "hot pick!"

-- posted by KirkL

Top 23. Jan 16, 1999 10:03 AM

» PualH - Which book is better?

Does anybody know the difference between these two books? Are they the same book,... except that one of the two books has "more"? If so, is the "extra" that you get in the second book, worth buying?

Extraordinary Popular Delusions & the Madness of Crowds -- Charles MacKay, Andrew P. Tobias; Paperback

Extraordinary Popular Delusions and the Madness of Crowds and Confusion De Confusiones -- Charles MacKay, et al; Paperback

Paul

-- posted by PualH

Top 24. Jan 16, 1999 11:06 AM

» KirkL - La Differance

The only difference I could see is the number of pages. I purchased the longer, paperback version of Extraordinary Popular Delusions & the Madness of Crowds and it has the chapters that most think is critical as well as many other pages - I have not had time to read it yet.

I was unable to figure out the difference so I went with the cheaper version!

Paperback - 740 pages Reprint edition (June 1995)

Ahhh... I have an error in my link: It is A Hardcover and fewer pages @ 214.

I'll try and fix this soon in my reading list. Sorry!

It looks liket the version listed in the hardcover section is also long at 760 pages, is relatively expensive at $27.95 AND requires special order.

-- posted by KirkL

Top 25. Jan 16, 1999 11:54 AM

» KirkL - Madness and Dillusions Books

I have clarified my Reading List to make it clear what the differences are between the books. All versions I list have the first few chapters that are considered "must reading" by many.

South Sea Bubble and Tulip Mania

There are two hardcover versions, Long and Short, that are fairly close in price, but the longer one is a special order.

The paperback version, is a reprint of the longer version and is the one I purchased as I was unsure of the differences myself at the time.

Now I am clear and I hope my reading list is clear to all on this book also.

Thanks and let me know if there are other questions.

-- posted by KirkL