The Smart Money by Michael Konik download in ePub, pdf, iPad
Not for any particular reason as I had neither heard of Arese the author nor read any of her works but when I realised it was her first book, I decided to schedule it for a book review in November. The author Mike Konik was writing about gambling and worked his way into a syndicate that crunches the numbers better than the casino odds makers. In other words, he does not release information about transactions in real time.
So, even if one can never meet Buffett, he can serve as a mentor. Since about the catalyst for all recessions has been inflation. Combining fiction with serious lessons like this was a brilliant move.
To work around this the the syndicate hires guys to place bets for them. Afterwards, she gives her readers a number of simple but powerful exercises to understand their starting point and create a road map and action plans to get to their desired financial goal. Moreover, the most comprehensive advice Buffett offers probably comes from his mentor, Benjamin Graham. Unfortunately, even dumber money often follows these people, causing some average investors to lose it all and, even worse, to avoid the market forever. The important thing for retail investors to note, however, is that Buffett works on a different scale.
This is the mathematical and artificial way to try and estimate how volatile something is - and will be - on the stock market. However, decisions that made sense in April may not pan out so well in August. As of this writing, Will Healy did not hold a position in any of the aforementioned stocks.
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