4 ms·
My outlook is pretty different from some of the sources you cite, but I like: - Eurodollar University / Jeff Snider - Robert Prechter, mostly for the understa
by VagueMag 4y ago
My outlook is pretty different from some of the sources you cite, but I like:
- Eurodollar University / Jeff Snider
- Robert Prechter, mostly for the understanding of money/credit and the fact that asset price movements are an endogenous process which drives headlines, not the other way around. Be careful of the permabear outlook and excessive Elliott Wave woo though.
- Financial histories (essential reading IMO): Galbraith's history of the 1929 crash, Jim Grant's stuff, Manias, Panics, and Crashes, Extraordinary Popular Delusions and the Madness of Crowds, etc
- Naked Capitalism blog
- Karl Marx and Henryk Grossman (the TRPF explains a lot of financial/investing phenomena like stock market cap as % of GDP rising over time)
- Podcasts: Market Huddle, Top Traders Unplugged
- Minyanville used to be a great source, any of the writers who used to be there are worth checking out.
- RivieraKid 4y agoIn what way do you think your outlook is different? The Karl Marx makes me kind of skeptical of the other suggestions...
- VagueMag 4y agoWell, most of the other sources would hate that I think there's something to get out of Marx too! Jim Grant is about as hardcore libertarian as you can get. The longer I watch and trade markets the more I see the value of ideological flexibility and being able to synthesize many different and even contradictory perspectives.
- RivieraKid 4y agoI kind of agree with what you're saying. But my impression is that Marx is outdated and oftentimes incorrect. What I'm basically looking for are people who are most insightful, correct, thought-provoking, knowledgeable and not very ideological.