Monday, December 8, 2014
Keep Investment Simple and Stupid
The perennial divide between TA ( Sorosists) and FA ( Buffetologists).
This book attempts to give the best of both world.
After a while ( of reading those trading books), you will find that all roads will lead to Damascus ( or Rome, or Hollande!!). It is the search for your own unique Damascus that will bring enlightenment!
Imagine a high risk high return trader that uses continuous SAR, and is in the market 15-20 times a day for 8 hours? And he claims that that is the only way to El Dorado....
But staying glued to the computer 8 hours a day? Isn't that trading a desk job for another desk job ( but with no EPF, helath insurance)?
But I digress...
The first part is Textbook Fundamental Analysis ie Buffetology in simpler language.
( investing in 1. funds 2. stocks 3. gold silver 4. oil )
And the second part is Textbook Technical Analysis ie an abridged version of John J Murphy's bible on technical Analysis.
Enough said.
The title said , simple. Simple is what you get.
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