The American Dream
"In 1923, seven men who had made it to the top of the financial success pyramid met together at the Edgewater Hotel in Chicago. Collectively, they controlled more wealth than the entire United States Treasury, and for years the media had held them up as examples of success. Who were they? Charles M. Schwab, president of the world's largest steel company (Bethlehem Steel); Arthur Cutten, the greatest wheat speculator of his day; Richard Whitney, president [...]
Recommended Reading List
I posted this list back in October. I am re-posting it now because I constantly get asked questions about trading, the stock market, chart reading, etc. As Jesse Livermore said: "Trading is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or for the get-rich-quick adventurer." In other words, to excel in the stock market, you have to work hard, have emotional control, and develop confidence in your strategy. My [...]
The American Dream
"In 1923, seven men who had made it to the top of the financial success pyramid met together at the Edgewater Hotel in Chicago. Collectively, they controlled more wealth than the entire United States Treasury, and for years the media had held them up as examples of success. Who were they? Charles M. Schwab, president of the world's largest steel company (Bethlehem Steel); Arthur Cutten, the greatest wheat speculator of his day; Richard Whitney, president [...]
Introduction
In early 2006, I created “Market Notes” to update fellow traders on my views of the US stock market. I found it very helpful because it gave me the opportunity to organize my thoughts and prepare myself for trading. Thanks to Philip Pearlman (twitter: @ppearlman) and Howard Lindzon (twitter: @howardlindzon), they convinced me to turn my Notes into this investment blog. My intention is to provide keen market insight, strong stock ideas, and to hopefully pass on [...]