Reminiscences of a Stock Operator (Wiley Investment Classics)

Literary critics are often asked, “If you were stranded on a tropical island and you only had one book to read for the rest of your life which book would you choose?” Well, if you posed that same question to the world’s professional traders the response “Reminiscences of a Stock Operator by Edwin LeFevre” would be the most frequent response, and by a large margin.
Despite being written in the early 1920’s, Reminiscences of a Stock Operator continues to be the most useful and most-loved book ever written on the subject of trading and speculation. In this novel, LeFevre brilliantly describes the life and times of the book’s protagonist, Larry Livingston, a pseudonym for Read more »

Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders

Curtis Faith’s Way of the Turtle is a significant contribution to the trading literature. As other reviewers have noted, it works on several levels: It is an engagingly written first-person narrative of one of the most interesting experiments in trading, but it is also a thoughtful presentation of the various ingredients of trading success.

Faith spells out the Turtle trading method in detail, providing a template for a more general approach known as trend following. Most helpful is the way he breaks down the method into components: entry criteria, criteria for adding to positions, position sizing, stops, and exits. A particularly interesting chapter draws upon his Trading Blox software to update trend following research and illustrate the results of several systems in recent markets. Read more »

Facebook Marketing: Leverage Social Media to Grow Your Business

This book is not about social media marketing per se. It is not going to tell you how to leverage social media in order to grow your business. You will have to read other books on that subject. And the coverage on that topic is expanding and changing as I write this review. What this book is about is the Facebook platform that can be used as a marketer’s tool when practicing social media marketing. It tells us about User Profiles, Facebook Groups, how to create Web pages within Facebook, hosting events on Facebook, and other things that one can take advantage of at Facebook. Read more »

Monkey Business: Swinging Through the Wall Street Jungle

This book is spot on about the life of a junior person at an Investment Bank. As they said, you can change the name on the door but the stories are the same. My wife read the book first and I basically laid out for her practically every topic they’d be touching on before she’d get to it.

For anyone considering investment banking as a career, you really must read this book to understand exactly what you are getting into. (The same is true for the spouse/prospective spouse of an associate.) Although, I should warn you that by reading this book before getting into the business, it’ll remove one of the main self-motivational tools that we all used to deal with it day in and day out, the “They really need me here because I’m essential to the Read more »