Malkiel, Burton Gordon

Technical Analysis Study past price movements and trading volume of trading to to predict when to buy/sell a stock. Based on the castle-in-the-air view of stock pricing. Trying to be smarter than the crowd. Is this only sustainable in an environment that has a sizable number of unsophisticated investors? Seems like it’d be a tax on new entrants to a stock market, e.g., making stock-picking a mainstream occurrence, and having the incumbents exploit the novices....

Exercise 1: Have a regular savings program. Start investing early because compound interest and time are you greatest resource. When it comes to setting saving accounts' interest rates with regard to the interest rate that banks enjoy from the fed , banks are downwards-flexible and upwards-sticky. Depositors lose the tune of $100b when interest rates are rising. One is better off with special accounts such as Marcus by Goldman Sachs (1....

The Tulip Bulb Craze Virus causes colored stripes in tulip petals. The Dutch valued such bulbs. Prices rose (just when one thought they couldn’t go higher). Let the tulipmania begin. Note: And that’s where FOMO comes in. You can’t argue with the results. You just want to dip your toes and get out. I watched Bitcoin keep climbing, until I got into the game with $50… Tulip bulbs options....

The Tulip Bulb Craze Virus causes colored stripes in tulip petals. The Dutch valued such bulbs. Prices rose (just when one thought they couldn’t go higher). Let the tulipmania begin. Note: And that’s where FOMO comes in. You can’t argue with the results. You just want to dip your toes and get out. I watched Bitcoin keep climbing, until I got into the game with $50… Tulip bulbs options....

01. Firm Foundations and Castles in the Air; 02. The Madness of the Crowds; 03. Speculative Bubbles from the Sixties into the Nineties; 04. The Explosive Bubbles of the Early 2000s; 05. Technical and Fundamental Analysis; 06. Technical Analysis and the Random Walk Theory; 07. How Good is Fundamental Analysis? The Efficient Market Hypothesis; 08. A New Walking Shoe: Modern Portfolio Theory; 09. Reaping Reward By Increasing Risk; 10. Behavioral Finance; 11. New Methods of Portfolio Construction: Smart Beta and Risk Parity; 12. A Fitness Manual for Random Walkers and Other Investors; 13. A Primer in Understanding and Projecting Returns from Stocks and Bonds; 14. A Life-Cycle Guide to Investing; A Random Walk Down Wall Street [Malkiel, Burton Gordon];