Bull! – 3 Lessons from The Tech Bubble (and a Book Review)
I don’t think there is any better teacher than history for investors today.
“There is no better teacher than history in determining the future… There are answers worth billions of dollars in a $30 history book.”
― Charles T. Munger, in Poor Charlie’s Almanack
‘Bull! A History of the Boom and Bust’ by Maggie Mahar covers the beginning of the bull market in 1982 through the tech bubble bust and beginning of the recovery through 2004… [continue reading…]
How to Not be Wrong – The Power of Mathematical Thinking (in investing) [Book Review]
Investors have to interpret a lot of numbers, and make sense of a lot of forecasts in order to come to well educated investment decisions. But many of us went through the math class that taught us how to do this asking the teacher, “When are we ever going to use this?” and spacing out.
Jordan Ellenberg does an excellent job giving you a crash course in some basic math principles that have great benefits for investing.