/biz/ - Business & Finance

>>27244932
It's a good book on the basics. Obviously quite old with stuff like bonds being touted as an actual alternative to stocks. The main lessons can be summed up by an hour long video.

>Invest in what you know
>Only invest what you can
>Always know what is investing and what is you speculating on something
>Never think the market is rational in the short term
>Focus on safe and slow returns, don't base you main focus on the next trend
>Never forget: 15% a year return is awesome. 10% a year is good.

His main points are solid but just not applicable in today's world.

>>18786142
Long term its a great investment. But Im not so sure short term.