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>All worthless junk This is a ridiculous statement, especially when combined with the implication that some amateur will be able to "trade", successfully, with
by forgetsusername 10y ago
>All worthless junk
This is a ridiculous statement, especially when combined with the implication that some amateur will be able to "trade", successfully, with a bit of statistical knowledge. The fundamentals of economics and finance are stored in books. If you're starting out, you have a long way to go before you can no longer learn from them.
I do agree with your recommendations for sites. But you're going to get far more out of Prof. Damodaran's "worthless junk" textbook than you will his blog.
- blahi 10y agoThere's quite the difference between a textbook and an investing book. If you read my comment again, you will notice that I recommend getting textbooks. Damodaran's Corporate Finance is a textbook. Taleb's books and any other "philosophy of investing" are junk. Some philosophy of investing books provide some value but only after the reader already has quite the knowledge and experience. tl;dr - Read the curriculum, not amazon's top section.