Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Reminiscences of a Stock Operator - Edwin Lefevre
Old 06-14-2013, 03:52 PM   #1561
Thinks s/he gets paid by the post
target2019's Avatar
 
Join Date: Dec 2008
Posts: 3,086
Reminiscences of a Stock Operator - Edwin Lefevre

I am reading Reminiscences of a Stock Operator. I am about 25% through the book. I have to post this quote:

Quote:
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.
Reminiscences of a Stock Operator - Edwin Lefevre
__________________

__________________
target2019 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-14-2013, 04:02 PM   #1562
Thinks s/he gets paid by the post
Ally's Avatar
 
Join Date: Feb 2011
Posts: 1,130
I just finished The Eighty Dollar Champion by Letts. It was very good, if you like horses or animals. I hate to give much of the story away, but it's a fun read and true story.
__________________

__________________
Ally is offline   Reply With Quote
Old 06-24-2013, 02:45 PM   #1563
Thinks s/he gets paid by the post
Lsbcal's Avatar
 
Join Date: May 2006
Location: west coast, hi there!
Posts: 4,886
I read Colin Dexter's The Way Through the Woods. This was published in 1992 and is the best Inspector Morse that I have read so far as I make my way through Dexter's novels.
__________________
Lsbcal is offline   Reply With Quote
Old 06-29-2013, 09:22 PM   #1564
Thinks s/he gets paid by the post
Nemo2's Avatar
 
Join Date: May 2011
Location: Belleville, ONT
Posts: 2,556
Reading Fire by Sebastian Junger, (author of The Perfect Storm), primarily about smoke jumpers in Idaho......frightening & fascinating.
__________________
"Exit, pursued by a bear."

The Winter's Tale, William Shakespeare
Nemo2 is offline   Reply With Quote
Handbook of Self-Regulation, Second Edition by Vohs & Baumeister
Old 06-30-2013, 06:46 AM   #1565
Dryer sheet aficionado
 
Join Date: Apr 2013
Posts: 43
Handbook of Self-Regulation, Second Edition by Vohs & Baumeister

I have been reading books on willpower recently, with an aim to improving my efforts to resist spending temptations and stay under budget. I am currently in the midst of the Handbook of Self-Regulation, Second Edition. A few years ago, I read the first edition this book and liked it, so I thought I would work my way through the revised second edition. It's a bit on the technical side, so I don't think anyone would consider it easy reading, but it contains a lot of thought-provoking concepts that might be of interest to others on this site.
__________________
Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time. -- Johann Wolfgang von Goethe
ClockWatcher is offline   Reply With Quote
Old 06-30-2013, 11:32 AM   #1566
Thinks s/he gets paid by the post
zinger1457's Avatar
 
Join Date: Jul 2007
Posts: 1,123
Finishing up 'Endgame', a biography of Bobby Fisher by Frank Brady. Very good read. Helps to fill in a lot of the holes in the life of the reclusive chess champion. Can still remember my early teen years watching the Spassky/Fisher match on TV, hard to believe the game of chess could create so much drama.
__________________
zinger1457 is offline   Reply With Quote
Old 06-30-2013, 01:18 PM   #1567
Recycles dryer sheets
Henry Lili's Avatar
 
Join Date: Oct 2009
Posts: 63
Yesterday I finished up "The Black Box" by Michael Connelly... A Harry Bosch installment
__________________
Henry Lili is offline   Reply With Quote
Old 06-30-2013, 04:36 PM   #1568
Thinks s/he gets paid by the post
Lsbcal's Avatar
 
Join Date: May 2006
Location: west coast, hi there!
Posts: 4,886
I just finished this one: Amazon.com: The Keeper of Lost Causes: The First Department Q Novel (A Department Q) (9780452297906): Jussi Adler-Olsen: Books

It was suspenseful and very well written plus the plot made sense. But I would probably not recommend it unless you can tolerate some depressed characterizations. It seems that the there is a genre of police procedurals nowadays where everyone is very harried and/or depressed. Mix that in with madmen, torture, and other abnormalities and you get to feeling you might be the only relatively happy person on the planet. Maybe that is why people like this sort of book?
__________________
Lsbcal is offline   Reply With Quote
Old 06-30-2013, 04:49 PM   #1569
Full time employment: Posting here.
 
Join Date: May 2011
Location: St. Paul
Posts: 781
Dearie, the new biography of Julia Child. She was an interesting person with an interesting life.
__________________
Marita40 is offline   Reply With Quote
Old 06-30-2013, 07:36 PM   #1570
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 9,518
"The Magician's Assistant " by Anne Patchett .
__________________
Moemg is offline   Reply With Quote
Old 06-30-2013, 07:51 PM   #1571
Thinks s/he gets paid by the post
sengsational's Avatar
 
Join Date: Oct 2010
Posts: 2,914
I just read the book I referenced inthis post a second time. I find exploring human nature fascinating. Wealth Gaps Are Large & Growing ... - Page 3 - Early Retirement & Financial Independence Community
__________________
sengsational is offline   Reply With Quote
Old 06-30-2013, 08:41 PM   #1572
Confused about dryer sheets
Hawk50s's Avatar
 
Join Date: Apr 2011
Posts: 7
Black List by Brad Thor
__________________
Hawk50s is offline   Reply With Quote
Old 06-30-2013, 09:12 PM   #1573
Full time employment: Posting here.
SumDay's Avatar
 
Join Date: Aug 2012
Posts: 739
I am reading The View from Penthouse B by Elinor Lipman. It's a nice light, funny Summer read. It's got a little Bernie Madoff in it, which is an interesting twist.
__________________
SumDay is offline   Reply With Quote
Old 06-30-2013, 09:50 PM   #1574
Thinks s/he gets paid by the post
Lsbcal's Avatar
 
Join Date: May 2006
Location: west coast, hi there!
Posts: 4,886
Quote:
Originally Posted by SumDay View Post
I am reading The View from Penthouse B by Elinor Lipman. It's a nice light, funny Summer read. It's got a little Bernie Madoff in it, which is an interesting twist.
I'm hoping her books can also be for guys but I'm not sure. This book has a lot of holds on it. So I requested her book My Latest Greivance from the library. If you think it's not a good choice or someone else does, let me know as I'm a slow reader so I like to make somewhat sure of my choices.

P.S. I really like Sue Grafton's books with Kinsey Milhoune as her main character. Lots of humor in these books too.
__________________
Lsbcal is offline   Reply With Quote
Old 06-30-2013, 09:59 PM   #1575
Dryer sheet aficionado
 
Join Date: Jan 2013
Location: bryn mawr
Posts: 47
I am reading "The Unwinding" by George Packer. Reminds me of all the little people who paid the price for the unregulated Wall Street casino, we have learned nothing from the experience, and how another credit crisis looms on the horizon.
__________________
johnrlawjr is offline   Reply With Quote
Old 07-01-2013, 09:57 AM   #1576
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
donheff's Avatar
 
Join Date: Feb 2006
Posts: 8,156
I ran into a couple of books by Tim Ferriss in the library - the 4-Hour Chef, and the 4-Hour Body and have gotten a kick out of both. Ferriss is a bit of a d**k head but his books are entertaining and informative. This is a guy who becomes OCD about everything he tries. He became the US National kickboxing champion with about 6 months preparation. If his self reports are to be believed (and he cites professional monitors) he gained about 30 pounds of muscle in a month and has mastered learning the fundamentals of new languages in a few months or less. The Chef book purports to introduce cooking phobics to the fundamentals thru a few key recipes/processes and seems to do a decent job of it. The Body book purports to introduce simple routes to weight loss, muscle growth, sexual prowess, etc. the dietary and weight training advice comports with what I have been reading elsewhere and seems pretty spot on. His recommendations on supplements seem idiosyncratic and a bit nuts to me. I wouldn't buy the books but they are an OK library loan.
__________________
Every man is, or hopes to be, an Idler. -- Samuel Johnson
donheff is offline   Reply With Quote
Going Broke: Why Americans Can't Hold On To Their Money
Old 07-07-2013, 06:53 AM   #1577
Dryer sheet aficionado
 
Join Date: Apr 2013
Posts: 43
Going Broke: Why Americans Can't Hold On To Their Money

Finished my last book (somewhat of a disappointment), and moved on to Going Broke: Why Americans Can't Hold On To Their Money. Author Stuart Vyse looks at the declining savings rate, and examines how the whole process of advertising, credit, and purchasing has changed in recent decades. He examines recent research into the psychology of willpower and concludes with suggestions on how people can better control their spending. I find it to be well-written and worth recommending.

__________________
Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time. -- Johann Wolfgang von Goethe
ClockWatcher is offline   Reply With Quote
Old 07-07-2013, 07:50 AM   #1578
Thinks s/he gets paid by the post
 
Join Date: Nov 2009
Posts: 3,187
I am reading a biography of Hugo Black, former U.S. Senator from Alabama and U.S. Supreme Court Justice from 1937-1971. It is a 600+ page book by Roger Newman so even though I have read over 400 pages in it, I am only up to the beginning of the Earl Warren era (Brown case) and when he courted his second wife in the mid-1950s following the death of his first wife. I have read biographies of several Supreme Court justices in that era, so Black is the latest one of this series.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

"I want my money working for me instead of me working for my money!"
scrabbler1 is offline   Reply With Quote
Old 07-07-2013, 08:43 PM   #1579
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Purron's Avatar
 
Join Date: Nov 2007
Posts: 5,585
Lolita by Vladimir Nabokov.
__________________
I purr therefore I am.
Purron is offline   Reply With Quote
Old 07-07-2013, 09:07 PM   #1580
Thinks s/he gets paid by the post
 
Join Date: Sep 2009
Location: Hong Kong
Posts: 1,460
Quote:
Originally Posted by Purron View Post
Lolita by Vladimir Nabokov.
That was a great read (on a disturbing subject matter).

Just finished Adam Johnson's The Orphan Master's Son which won the Pulitzer Prize. A look at the North Korean distopia. Highly highly recommended. Quite excited that Johnson is coming out to Hong Kong to give a lecture at my MFA programme later this month.
__________________

__________________
Budgeting is a skill practised by people who are bad at politics.
traineeinvestor is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Anybody join the millionaire club recently? Architect FIRE and Money 25 11-25-2008 04:06 PM
Has anybody bought a Honda Civic recently? RedHawk Other topics 29 05-26-2008 04:27 PM
Recently Divorced - Need Advice cpolashenski Young Dreamers 14 06-20-2007 01:17 AM
For those of you who've recently visited Hawaii... Nords Other topics 3 05-15-2007 04:41 PM
Was Billy in Thailand recently? KB Other topics 2 12-28-2004 03:46 PM

 

 
All times are GMT -6. The time now is 12:43 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.