It is time we stop using that ridiculous meme that everyone posts and put together a legitimate reading list for beginners, and potentially even regular, traders.
The most recommended that I have seen are:
Intelligent Investor by Benjamin Graham
Security Analysis by Benjamin Graham
As well as pretty much all of Warren Buffett's stuff.
Those books are pretty helpful.
I recommend this short YouTube video for business noobs, by Big Bill in Baltimore. It really helps shake the dust off and explain some simple business principles:
Rich Dad Poor Dad series. Not specifically about trading, rather the mindset you want to be in when you decide what to invest in
You should probably start by defining some terms.
Half the people on this board don't know the difference between investing and trading, they think the terms are interchangeable. The other half gamble on Robin Hood and think they're day traders.
"Hey guise, i need some good stock picks for my 401k! I hear dividends and leveraged ETF's are the way to go. I have $28.50.
Good idea. My college classes don't start back til Jan 25th, so I will start putting a pastebin together with some basic terms/book suggestions.
Probably just rip some stuff from investopedia desu
Honestly man I just want to help people. I'm not very experienced in this stuff either, and that is partially why I want to do this. I hate the whole trader/investor mentality of "I learned it all myself why can't you?" There's nothing wrong with helping beginners and you don't have to give away all your trade secrets to do it.
If I/we can out some stuff together to help a few people out then that's great. If people think we're full of it and want to test their luck by yoloing their life savings of $47 into NBG then let em go.
>I'm not very experienced in this stuff
Ah, but I am.
I don't mind helping people with the basics, here and there. However, from my experience, this board is terrible for that.
The vast majority I've run in to here are either trolls or idiots who are full of confidence in their own ignorance.
Where do you get that?
i think it's always been doomed from that standpoint, because this site isn't regarded as serious anywhere.
Those who are serious probably ask for help in places where they can avoid having teenagers hurl insults at them.
But this board still has potential, since the user base is so eclectic you get a good sampling of public opinion on everything.
It's just that it's not very good for actual business advice or anything like that.
I wish that I could find some books that would make a person better at selling over the phone. I work at the bank and I want to read a book that would increase my verbal selling skill - if that is what it is called. Any recommendations?
We need something more like this.
Verticals I think would be appropriate
Start Here ->
Psychology of a /Biz/nessman | Beginners Accounting | Personal Finance | Sales | Corporate Finance | Valuation | Risk Management | Business Management | Special topics (taxes) (legal) (Forex) |
I think we should also have a math intensity vertical scale.
Does anyone have any suggestions? Most trading I think would fit in risk management
You all read too much and none of you play. I miss the threads when an anon put his stock for the shilling and then we ripped it apart, if it's a shit stock he saw the info and backed out of it, if he believed he missed out on something, if it's a good stock he shilled it and some people bought it. we had a couple of those, even 2000% ones.
but most of the /biz/ are /pol/ fags now, that are quite frankly too young and too retarded to even engage a discussion without spouting memes.
My personal google docs for financial book recommendations. It's fairly new so I'll also add some good stuff I saw on this thread.
He basically proved capitalism in that book. He just never wanted to admit that free cash flow/profit was the wellspring from which the common man could achieve a rich life.