Two Plus Two Publishing LLC Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Notices

Business, Finance, and Investing Making money, investing in markets, and running businesses

Reply
 
Thread Tools Display Modes
Old 05-22-2009, 05:07 PM   #26
skindog
adept
 
skindog's Avatar
 
Join Date: Aug 2007
Posts: 918
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Quote:
Originally Posted by ArturiusX View Post
All of the newbie books are completely useless if you're trying to find an edge, the idea is to understand some of the basic theories behind the price movements and slowly expose them to more advanced concepts as they become for adept. Saying that a book doesn't have an edge isn't a reason for it not to be in the beginner section.
Are you going to post book recs along these lines too? I've gone through all the beginner books and it'd be great to see what kinds of advanced books you study.
skindog is offline   Reply With Quote
Old 05-22-2009, 07:19 PM   #27
ArturiusX
Carpal \'Tunnel
 
ArturiusX's Avatar
 
Join Date: Sep 2004
Posts: 19,114
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

My picks should be fairly advanced in what they are. No one writes the best trading ideas though.
ArturiusX is offline   Reply With Quote
Old 05-22-2009, 07:30 PM   #28
darthtrader3.5
journeyman
 
darthtrader3.5's Avatar
 
Join Date: May 2009
Posts: 255
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Since it hasnt been mentioned, Seth Klarman and Toby Crabel's books are totally worth the amazon used price...assuming you can easily find the pdf version like any real value investor would...
darthtrader3.5 is offline   Reply With Quote
Old 05-23-2009, 01:06 AM   #29
G-Diddy20
grinder
 
Join Date: Mar 2006
Posts: 660
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Thank you very much for your time to put this together.
G-Diddy20 is offline   Reply With Quote
Old 06-02-2009, 02:36 PM   #30
SELFMADE
banned
 
SELFMADE's Avatar
 
Join Date: Apr 2008
Posts: 641
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Thank you!
SELFMADE is offline   Reply With Quote
Old 06-03-2009, 09:39 PM   #31
B Nekket
newbie
 
Join Date: May 2009
Posts: 31
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Also have this contribution. One of the bloggers I know.

http://www.finanzine.com/
B Nekket is offline   Reply With Quote
Old 06-08-2009, 04:38 PM   #32
InfectorGadget
journeyman
 
InfectorGadget's Avatar
 
Join Date: Jan 2005
Location: [insert unfunny -EV poker action]
Posts: 345
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Found two great resources on Value Investing last week:

GUIDE - The Intelligent Investor

and

YouTube - Introduction to Value Investing

I have read "The Intelligent Investor", but I find it a bit try and thus hard to take away much of the advice in there, so the video explained it quite nicely and the thread gave a good example of a valuation of a company.

Hope someone finds these useful!
InfectorGadget is offline   Reply With Quote
Old 06-09-2009, 06:39 PM   #33
binions
veteran
 
binions's Avatar
 
Join Date: Jan 2004
Location: Drinking Your Milkshake
Posts: 3,169
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Steenbarger's Enhancing Trader Performance book is excellent.

Another excellent trading psychology book is How To Become A Successful Trader: The Trading Personality Profile: Your Key to Maximizing Your Profit With Any System by Ned Gandevani.

The book goes into detail about the big 5 personality traits (Openness, Conscientiousness, Extroversion, Agreeableness and Neuroticism), gives you self-tests to define your personality traits, and analyzes how various personalities match up with various trading styles.

It's kinda like an aptitude test for trading. Highly recommended. Helps you find your niche, as Steenbarger would say.
binions is offline   Reply With Quote
Old 06-09-2009, 06:54 PM   #34
binions
veteran
 
binions's Avatar
 
Join Date: Jan 2004
Location: Drinking Your Milkshake
Posts: 3,169
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Quote:
Originally Posted by ArturiusX View Post
Articles & Opinions
Zack's
I highly recommend Zack's Investment Research. They follow about 4000 domestic stocks. For about $100 a year (I signed up for 3 years at $300), you get access to Zack's Premium site which features the Zack's rank.

Zack's believes that earnings are an important driver in stock moves. They rank each of 4000 stocks 1-5 based on all available earnings estimates, and whether the changes to the estimates are positive or negative, and whether earnings announcements are a positive surprise or negative surprise.

The top and bottom 5% of the stocks get a Zack's 1 or 5 rank. The next 15% get Zack's rank 2 or 4. The middle 60% get a Zack's rank 3. Zack's also ranks each industry, broken down into 217 sub-sectors.

For a technical trader, I believe the Zack's rank is an excellent cheat sheet on the fundamentals of a company. If I am looking to short a stock based on the charts, I make sure its not ranked a 1 or 2 by Zack's. If I want to go long based on my technical analysis, I make sure the stock is not ranked 4-5 by Zack's first.

For more info on the Zack's rank, see here.
binions is offline   Reply With Quote
Old 06-29-2009, 04:07 AM   #35
B Nekket
newbie
 
Join Date: May 2009
Posts: 31
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Here are two other sites i enjoy.

wisbread.com is basically a frugal site

frugaldad.com is almost the same as wisebread except it's dad oriented and it doesn't have forums.
B Nekket is offline   Reply With Quote
Old 07-06-2009, 04:56 PM   #36
hanster
veteran
 
hanster's Avatar
 
Join Date: Jun 2006
Location: OC
Posts: 2,711
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

margin of safety
hanster is offline   Reply With Quote
Old 07-07-2009, 08:38 PM   #37
MyStarsIDSucks
grinder
 
Join Date: Jan 2008
Location: █████
Posts: 684
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Sick sick post. Can we also have some tips on books about: 'managing'/starting a business and other general books on business
MyStarsIDSucks is offline   Reply With Quote
Old 08-04-2009, 12:42 PM   #38
smody121
old hand
 
smody121's Avatar
 
Join Date: Sep 2008
Location: Teemo OP
Posts: 1,649
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

The Business of Options: Time-Tested Principles and Practices is a great book for people trying to learn options.
smody121 is offline   Reply With Quote
Old 08-05-2009, 12:42 PM   #39
theBruiser500
banned
 
Join Date: Nov 2003
Posts: 10,921
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

great OP ty
theBruiser500 is offline   Reply With Quote
Old 08-10-2009, 02:46 PM   #40
1logic
grinder
 
1logic's Avatar
 
Join Date: Feb 2008
Posts: 535
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

I think this site should be added to the list http://ocw.mit.edu Not sure under what category though.
1logic is offline   Reply With Quote
Old 08-11-2009, 11:00 PM   #41
NajdorfDefense
Carpal \'Tunnel
 
NajdorfDefense's Avatar
 
Join Date: Feb 2003
Location: Looking forward to AA
Posts: 16,110
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Margin of Safety
Buffett's letters, anything Lynch wrote, or Neff.
Fortune's Formula.

Anything by Damodaran, that should go in the beginner's Finance/investing pile, his stuff is the nuts.

You are very highly over-rating Ritholtz, I can find 2 factual errors in any of his longer blog posts, 3 if I read carefully. His 'economic' research isn't remotely top-notch, I can't think of one major buy-side investor who would agree with you on that.

http://bigpicture.typepad.com/commen...celerat-1.html
Barry once again makes his consistent error* of comparing NSA-figures to SA-figures, as he does in his rant on this topic consistently. That's like comparing retail sales in March with Easter to retail sales in March without Easter. A straight comparison gives you a nonsensical answer.

And saying he was the only bear is LOL_tastic, try Jeremy Grantham, or John Hussman [or Ray Dalio] or a cast of thousands but those 2-3 put out very, very well-written weekly/monthly pieces that are head and shoulders above. Any number of well-known economists, buy-side analysts, and investors had turned bearish on housing by mid- 2005 or earlier, such as Steve Mandel and Ken Heebner, just to name 2.
Peter Schiff was bearish on the US and housing as well -- and his clients lost 50%+ last year. One call about one industry is meaningless.

Another good source of bearish thinking would be David Rosenberg.
Try GaveKal or Ed Hyman for actual top-notch research.



* Still think the B-D model somehow skews the data? Then don't use it. We have another, wider, employment series, the household survey.

m/m chg
3 mo avg 12 mo avg
payrolls -331 -478
Household -322 -463

So, even with the B/d adjustment, the survey of actual citizens shows lower unemployment trends than the adjusted payrolls.
Payrolls ignore firms under 50 employees, which doesn't sound bad unless you know that startups have created 3mm jobs annually, on average, for the past 30 years.
NajdorfDefense is offline   Reply With Quote
Old 08-11-2009, 11:05 PM   #42
NajdorfDefense
Carpal \'Tunnel
 
NajdorfDefense's Avatar
 
Join Date: Feb 2003
Location: Looking forward to AA
Posts: 16,110
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Quote:
Originally Posted by ahnuld View Post
I really liked the Dhandho investor by Monish Pabrai for a value investor read.
Poor Charlie's and Swensen are both great reads.

Pabrai has absolutely *incinerated* his client's assets. You'd have done better at the craps table the past few years. He does not know how to protect his clients during a downturn.
NajdorfDefense is offline   Reply With Quote
Old 08-12-2009, 02:10 PM   #43
FluxCapacitor
grinder
 
FluxCapacitor's Avatar
 
Join Date: Sep 2008
Posts: 480
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Hey, does anyone know any good small business blogs / websites? I have a few that I like to check, but it's hard to find good ones. I imagine most small business owners are too busy running their businesses.

For Business Ideas:
www.springwise.com
www.coolbusinessideas.com
www.business-opportunities.biz

Other:
www.inc.com
www.entrepreneur.com


What I'd really like is to find some more blogs / sites by small business owners as well as blogs / sites for franchise owners. Anyone?
FluxCapacitor is offline   Reply With Quote
Old 08-12-2009, 02:14 PM   #44
kattrades
adept
 
kattrades's Avatar
 
Join Date: Apr 2008
Posts: 922
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Quote:
Originally Posted by NajdorfDefense View Post

Anything by Damodaran, that should go in the beginner's Finance/investing pile, his stuff is the nuts.
Second this. Here's the website in case anyone wants it: http://pages.stern.nyu.edu/~adamodar/
kattrades is offline   Reply With Quote
Old 08-12-2009, 07:28 PM   #45
NajdorfDefense
Carpal \'Tunnel
 
NajdorfDefense's Avatar
 
Join Date: Feb 2003
Location: Looking forward to AA
Posts: 16,110
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

How to Invest in Stocks
What Works on Wall St I also found useful simply to look at the data and think about different ways of examining 'value,' and 'growth' and simple ideas that work over time precisely because they don't work every year.

Valuation, and Investment Fables by Damodaran plus the above mentioned site. He is a fantastic speaker/teacher if you ever get the chance.
NajdorfDefense is offline   Reply With Quote
Old 08-23-2009, 01:30 AM   #46
marshmallowsocks
centurion
 
Join Date: Aug 2009
Posts: 125
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

I may have not seen it while I was skimming the thread, but did anybody mention the New York Times or the Economist?
marshmallowsocks is offline   Reply With Quote
Old 08-23-2009, 08:01 PM   #47
ArturiusX
Carpal \'Tunnel
 
ArturiusX's Avatar
 
Join Date: Sep 2004
Posts: 19,114
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

Its in my OP.
ArturiusX is offline   Reply With Quote
Old 08-24-2009, 12:01 AM   #48
marshmallowsocks
centurion
 
Join Date: Aug 2009
Posts: 125
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

sorry about that
marshmallowsocks is offline   Reply With Quote
Old 09-05-2009, 07:46 PM   #49
river_tilt
adept
 
river_tilt's Avatar
 
Join Date: Apr 2006
Location: Swimming with sharks
Posts: 1,031
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

My favourite book for options pricing maths is "Financial calculus" by Baxter and Rennie. (I believe it's the first mention in the thread.)

"dynamic asset pricing" by Duffie is ok, but it's very hard going. It's ultra-mathemematical.
river_tilt is offline   Reply With Quote
Old 09-08-2009, 08:41 AM   #50
binions
veteran
 
binions's Avatar
 
Join Date: Jan 2004
Location: Drinking Your Milkshake
Posts: 3,169
Re: The "What the hell should I read?!" Thread. Books, Blogs, and News

So where are the recommended books on candles? A thread asking about candlestick books was closed with a reference to this thread . . .
binions is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 04:03 PM.


Powered by vBulletin®
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
Search Engine Optimisation provided by DragonByte SEO v2.0.33 (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.
Copyright ę 2008-2010, Two Plus Two Interactive
 
 
Poker Players - Streaming Live Online