Episode 265: I start this episode with a quick market review and rundown of the crisis du jour and then recommend a book for summer reading.
Reminiscences of a Stock Operator is a must read classic for any serious student of investing. It’s a quick read, narrative story that’s loosely based on the real life speculator & trader Jesse Livermore (1877-1940).
Here’s my favorite Jesse Livermore quote:
The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.
The Robots are Coming: A Human’s Survival Guide to Profiting in the Age of Automation available at AMAZON and all fine bookstores.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
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