20 Millionaire Facts You May Not Believe
Here are twenty interesting facts that research has discovered about millionaires that you may not know or believe to be true.
Investing
Investment definition is an asset acquired or invested in to build wealth and save money from the hard earned income or appreciation
Elon Musk Explains How To Learn Anything
An autodidact is a self-taught person. They are people that know how to first quantify what they want to learn, then identify the best sources to learn what they need know from, and finally do the work to learn what they need to know. Putting their new found knowledge into practice to achieve goals is … Read more
Speculating vs Investing
An investment is buying an asset with intrinsic value that has cash flow and/or physical asset value. Speculating is buying something in an expectation of future price appreciation based on the belief that price will go higher based on others buying it or it becoming valuable or creating cash flow in the future.
What are the 4 Rules of Investing?
As an investor, you dedicate your hard-earned money to one or multiple financial schemes, property, commercial ventures, or shares, expecting to achieve a profit or an increase in value over time.
Best Investors of All Time Returns
Alpha (α) is used in investing as a measure of performance of returns of an investment or investor returns that are higher than a relative benchmark index. Alpha is the term used in investing to describe an investment strategy’s ability to beat the average market returns with an edge. Alpha refers to excess return or abnormal rate of return is in contrast to the academic theory that markets are efficient and no way to beat them consistently.
Market Cycles Chart
Understand the various phases of the market cycle, so as to avoid market bubbles and make the best possible investments.
Michael Burry Book Recommendations
Michael Burry is a famous investor that made his fortune shorting the housing market in 2007-2008 using derivatives. He manages Scion Asset Management, LLC. He’s a deep value investor looking for stocks below fundamental company value. He will also sell short stocks that are fundamentally far too high based on intrinsic current and future company value.
Warren Buffett: You Only Need To Know These 7 Rules
Investors must focus like a laser on only their very best ideas while traders must focus on the best systems and trades that fit their own personality. Ignore what doesn’t matter and focus on what does.
Here are 10 trading paradoxes that I have come to believe on my own path to profitable trading.
Here are ten trading paradoxes that I have come to believe on my own path to profitable trading. A statement contrary to received common opinion
Best Trading Books That Tell Success Stories
Here are ten of the best trading books that tell the ups and downs of the trading journeys of successful traders