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So You Made Some Money On GameStop And Want To Learn More About The Stock Market?

Here Are 7 Investment Books Worth Reading

 With stocks in the news, there's been a lot of talk about where to learn investing.

Many suggestions are terrible with comments promoting Forex scammers, overpriced courses, or dull academic books like "The Intelligent Investor."
Luckily, there are also plenty of fun and interesting books on finance. Many of which are written by legendary investors who consistently beat the market.

And, there are plenty of fantastic biographies, covering historical market events and old school traders.
Below are SEVEN titles worth reading.

The first book is my personal favorite, but none of the others are in any particular order.

DISCLAIMER: I'm Using Amazon Referral Links Below, But It Doesn't Influence The List. Also, You Can Get All These At Your Local Library.
1. ONE UP ON ALL STREET BY PETER LYNCH

Peter Lynch is the greatest investor of all-time, outperforming Warren Buffett.

This is a fantastic, easy-to-read look at how to successfully buy winning stocks and multiple your money.
One Up On Wall Street covers virtually every aspect of investing, and is often a favorite book among professional investors.

If you only read one book on stocks, make it this one.

https://t.co/hZQoeDewHT
2. THE RICHEST MAN WHO EVER LIVED BY GREG STEINMETZ

Jakob Fugger is often considered one of the very first capitalists ever. he helped fund expeditions to Asia and the America's, played power games with European royalty, and built a personal empire.
One interesting thing about this book is HOW LITTLE HAS CHANGED when it comes to money and investments.

In 16th Centenary Frankfurt, homeowners made more money by renting their houses during a week-long trade fair than they earned from working all-year at their regular jobs.
The Richest Man Who Ever Lived is a fun, and informative read if you like politics, history, and finance.

While Jakob Fugger lived long before the modern stock market, you can still learn a lot from him.

https://t.co/qcGjAWO2jz
3. UNKNOWN MARKET WIZARDS BY JACK D. SCHWAGER or MONEY MASTER THE GAME BY TONY ROBBINS

I'm actually using this spot for two books which are somewhat similar, though aimed at different audiences.

Unknown Market Wizards is a collection of interviews with successful traders.
You'll learn about options, stock picking and market analysis.

Many of the interviews are fascinating too, there's a trader who made $1 million during his first year of investing, all through his personal brokerage account and all by reading forums and message boards.
However, Unknown Market Wizards is a bit more complex than the other book listed here, Tony Robbin's Money: Master The Game.

Money: Master The Game interviews professional investors and traders (many of whom you've probably heard of, like Ray Dalio).
What's great about this book is the fact that it breaks difficult concepts down by using anecdotes and examples, making it very easy for you to understand concepts like the "Asymmetrical Bet."
Both books are worth reading, and each is filled with interesting insights from some of the world's greatest investors.

Unknown Market Wizards - https://t.co/IiP2rw04me

Money: Master The Game - https://t.co/SMjGFqnFr3
4. DARK GENIUS OF WALL STREET BY EDWARD J. RENEHAN JR.

Media pundits cry about GameStop and crazy markets. But 2021 is nothing like the old days.

Long before GameStop, there was the Erie Railroad. This was a major battleground where investors made (and lost) fortunes.
Jay Gould was an 1800's financial speculator made his bones trapping and tricking opponents in some of the greatest stock market plays of all-time.

He cornered the gold market, tried kidnapping rival Gordon-Gordon, and took control of Western Union in their heyday.
If you want to see a true market master, read Dark Genius Of Wall Street.

https://t.co/E1fGfksU3m
5. INVESTMENT BIKER BY JIM ROGERS

A lot of rich people are boring. That's not the case with Jim Rogers.

From From 1970 to 1980, Rogers grew his Quantum Fund portfolio 4200%.

Then he retired and went on a worldwide motorcycle tour.
Investment Biker is all about Rogers' trip. It's an incredible travel story filled with danger and excitement, but you also get to see how a shrewd financial mind calculates decisions.
You'll learn about history, geography, real estate, mining, stocks, agriculture, and how all these things affect economies and markets.

https://t.co/Elw8LG9aeq
6. EVERYBODY OUGHT TO BE RICH BY DAVID FARBER

This is not a book about dueling with traders or how to buy assets.

Instead, it is an inspiring biography about John Raskob, stocks, corporations, and America's transformation into an industrial powerhouse.
"At the beginning of 1900, John Raskob had been a provincial twenty-year-old with a dead-end job in small-town upstate New York. A dozen years later, he had a leading role in one of the nation's fastest growing industrial corporations [DuPont]."
Raskob used his wits to leave his hometown, catch the growing trend of mass industrialization, and become an important (though somewhat obscure) figure in American history.
This is a fantastic book that showcases the power of investing, deal making, and recognizing opportunities you can take advantage of.

https://t.co/bFea9iNuvo
7. THE SOVEREIGN INDIVIDUAL BY JAMES DALE DAVIDSON AND WILLIAM REES-MOGG

This book is WILD. The Sovereign Individual was written over 20 years ago and yet much of its content is only now coming to light.
The book discusses ideas like decentralization, digital currencies, how establishments will break down due to technology equalizing individual citizens, and how the the digital world will alter structure of society.
While the author's didn't get all their predictions right, they nailed enough of them to make this book well worth a read; especially if you are curious about where the future is heading.

https://t.co/QJZAjWaHlB

More from Trading

Sarang Sood
Sarang Sood
@SarangSood
THREAD ON DELTA (The most important GREEK)

Many traders don't indulge in understanding GREEKS because they think they are very complicated.

There are 4 primary greeks:

Delta
Gamma
Theta
Vega

In my experience, understanding DELTA is enough to take benefit of greeks.(1/n)

Delta measures the rate of change of options price based on the directional movement of the underlying.

So this means we can know in advance (theoretically) how much an option will move with the underlying & so we can prepare our strategies accordingly. (2/n)

Value of delta varies between 0 & 1 for calls and -1 & 0 for puts. This figure tells how much an option price will change, when the underlying moves 1 point. So example a delta of .2 of call indicates that for every 1 point change in the underlying, the price will move .2 (3/n)

For option writers who want to trade in neutral strategies like straddle, strangle, ratios, calendar etc, delta can be very helpful. So be it any complex strategy, knowing the NET DELTA can give you an idea of how your strategy will perform in different scenarios. (4/n)

Net delta is just the sum of the deltas of all the bull options (call+ & put-) minus the bear options (call- & put+).

So if we can track this, we will always be in the know of how much exposed our position is. It makes it easier then to adjust our position. (5/n)
TRADING
Trader knight
Trader knight
@Traderknight007
THE TRADER'S EDGE: THINKING IN PROBABILITIES

Casinos make consistent profits day after day and year after year, doing something random

At the same time, most traders believe that the outcome of the market's behavior is not random,yet can't produce consistent profits

Thread 🧵


What casino owners ,professional traders know is that probable outcomes can also produce consistent results if you " Have an edge" and trade on a large enough sample size.

The best traders treat trading like a numbers game.

1. To illustrate, let's look at the game of blackjack-


In blackjack, the casinos have approximately a 4.5-percent edge over the player.

This means that casinos will make profit over a large enough sample size, even after several winning streaks and big profits of many players.

At the end of the day, week, month, or year, the casino always ends up with approximately 4.5 percent of the total amount wagered.

That 4.5 percent might not sound like a lot, but let's put it in perspective.

Suppose a total of $100 million dollars is wagered collectively at all of a casino's blackjack tables over the course of a year. The casino will net $4.5 million.

What casino owners and pro traders understand about the nature of probabilities is that each individual hand played
TRADING
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Conservative Trader
Conservative Trader
@AnandableAnand
How to get rich trading (without getting lucky)

Complete beginner’s guide to wealth of Rs 10 Cr in 10 years

Step 1: start trading live

1/n

Nothing can substitute experience of live trading

No amount of back-test, studies or indicators can substitute training your mind with screen time

As a beginner, In live trading, you will make losses almost everyday

2/n

So here are the conditions which you can’t violate in first year
If you can’t follow these rules, this document is not for you

Start with trading capital of Rs 1 lakhs

Max loss per trade 0.25%, i.e. 250 Rs

Max loss for the day, 1%, i.e. Rs 1000

Max 6 trades in a day

3/n

I know, these conditions will cripple you in terms of what all you can trade and how

But just like any start up, trading is also about making it through initial gruelling constraints of life

You will also learn, how to turn these adverse rules to your advantage

4/n

Btw, you can sell directional banknifty options, obviously you can buy options, can do cash stock trading and much more under these conditions

Think about it, you will be do all kinds of instruments, just that PNL will not be roller coaster ride or exciting like a casino

5/n
TRADING , ALL
Kirtan A Shah
Kirtan A Shah
@KirtanShahCFP
Learn about the STEEL SECTOR in this thread

The demand for steel is generally only 1.2 times the GDP & there is no significant growth in our GDP but still the sector has rallied relentlessly, lets try & understand

Do ‘re-tweet’ & help us educate more investors (1/22)
#Investing

The metal sector is broadly divided into 2,
-Ferrous is a category of metal that has Iron in it, Steel as an example
-Non-Ferrous is a metal, which does not have Iron content, Aluminum, copper, lead, nickel, Zinc etc.
This thread focuses on Ferrous & hence Steel (2/22)

To start, lets understand with how steel is made (its important).
Iron ore is mined, it is then first converted to Iron & Iron is then converted to Steel. There are 3 processes of making steel
-Blast Furnace
-Scrap Metal
-DRIP/Sponge
We will discuss all three (3/22)
ALL , SECTORLEARNINGS , STEELSECTOR
Anshika Sharma\u26a1
Anshika Sharma⚡
@Anshi_________
Full Technical Analysis in Single Thread🧵

This whole course is worth 40-50K-

1- Candle sticks and how to use

2- Advanced price action

3- The dow theory

4- Moving
ALL , TRADING , TECHNICALANALYSISCOURSE

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Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
दधीचि ऋषि को मनाही थी कि वह अश्विनी कुमारों को किसी भी अवस्था में ब्रह्मविद्या का उपदेश नहीं दें। ये आदेश देवराज इन्द्र का था।वह नहीं चाहते थे कि उनके सिंहासन को प्रत्यक्ष या परोक्ष रुप से कोई भी खतरा हो।मगर जब अश्विनी कुमारों ने सहृदय प्रार्थना की तो महर्षि सहर्ष मान गए।


और उन्होनें ब्रह्मविद्या का ज्ञान अश्विनि कुमारों को दे दिया। गुप्तचरों के माध्यम से जब खबर इन्द्रदेव तक पहुंची तो वे क्रोध में खड़ग ले कर गए और महर्षि दधीचि का सर धड़ से अलग कर दिया।मगर अश्विनी कुमार भी कहां चुप बैठने वाले थे।उन्होने तुरंत एक अश्व का सिर महर्षि के धड़ पे...


...प्रत्यारोपित कर उन्हें जीवित रख लिया।उस दिन के पश्चात महर्षि दधीचि अश्वशिरा भी कहलाए जाने लगे।अब आगे सुनिये की किस प्रकार महर्षि दधीचि का सर काटने वाले इन्द्र कैसे अपनी रक्षा हेतु उनके आगे गिड़गिड़ाए ।

एक बार देवराज इन्द्र अपनी सभा में बैठे थे, तो उन्हे खुद पर अभिमान हो आया।


वे सोचने लगे कि हम तीनों लोकों के स्वामी हैं। ब्राह्मण हमें यज्ञ में आहुति देते हैं और हमारी उपासना करते हैं। फिर हम सामान्य ब्राह्मण बृहस्पति से क्यों डरते हैं ?उनके आने पर क्यों खड़े हो जाते हैं?वे तो हमारी जीविका से पलते हैं। देवर्षि बृहस्पति देवताओं के गुरु थे।

अभिमान के कारण ऋषि बृहस्पति के पधारने पर न तो इन्द्र ही खड़े हुए और न ही अन्य देवों को खड़े होने दिया।देवगुरु बृहस्पति इन्द्र का ये कठोर दुर्व्यवहार देख कर चुप चाप वहां से लौट गए।कुछ देर पश्चात जब देवराज का मद उतरा तो उन्हे अपनी गलती का एहसास हुआ।
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Max Fagin
Max Fagin
@MaxFagin
November is here, and that means a massive shift is coming. And by "massive" I am of course referring to the redefinition of the kilogram unit of mass that the world has been building up to for more than 100 years. Let me explain:


1/ I've had an unhealthy fascination with metrology (the study of measurement) ever since my 2nd year as a physics major when I took a class devoted to duplicating historic physics experiments, so please indulge me for going into heavy detail (get it?) about the kilogram.

2/ So what actually *defines* a unit of measurement? If you're American, you probably know a mile is 5280 feet and a foot is 12 inches and an inch is 2.54 centimeters etc. But where does this chain of definitions end? Is it turtles all the way down?

3/ It's actually not! For all units (even the imperial units used in America) the answers all end with the Système International (SI) unit definitions established and maintained for over 100 years by the Bureau International des Poids et Mesures (BIMP) in France.

4/ At the base of this tower are the SI base units. Just 7 SI base units define every other unit in existence. They are:

Kilogram, kg (mass)
Meter, m (distance)
Second, s (time)
Kelvin, K (temp)
Ampere, A (electric current)
Candela, cd (luminous intensity)
Mole, mol (quantity)
SCIENCE
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Conviction | Patience
Conviction | Patience
@unseenvalue
H was always unseen in S2NL :)

Those who exited at 1500 needed money. They can always come back near 969. Those who exited at 230 also needed money. They can come back near 95.

Those who sold L @ 660 can always come back at 360. Those who sold S last week can be back @ 301
UVLEARNINGS
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
RANI GAIDINLIU:THE LESSER KNOWN FREEDOM FIGHTER

Rani Gaidinliu joined the freedom struggle at 13 &was sentenced to life imprisonment at 16."We r free people—the White should not rule over us.”Thus calling out to her Zeliangrong tribesmen was the voice of 13yr-old Rani Gaidinliu.


She joined the freedom struggle in the present-day Northeast India. Today, her struggle is lost in history as most of her countrymen wouldn’t even have heard her name. B'coz our history textbooks tell us that only Mahatma Gandhi &Pandit Nehru got India its Independence.


At 16 yrs of age, this valiant girl was sentenced to life imprisonment for leading a movement to drive out the colonial rulers from Manipur and Nagaland. Nevertheless, she was released in 1947 after India’s independence and was given the title ,"Rani of Nagas".


EARLY LIFE AND HERAKA MOVEMENT

Gaidinliu belonged to the Rongmei clan of the Zeliangrong tribe in the Tamenglong district of western Manipur. Born on January 26, 1915, she was fifth among eight children.


Her native village was Nungkao, which is present day Tamenglong distt. Brought up in a specially backward region,she couldn't receive any formal education. However,this didn't stop her from joining the freedom struggle. At the age of 10 she came under the influence of her cousin.
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Anastasis
Anastasis
@OrdersofM
https://t.co/6cRR2B3jBE
Viruses and other pathogens are often studied as stand-alone entities, despite that, in nature, they mostly live in multispecies associations called biofilms—both externally and within the host.

https://t.co/FBfXhUrH5d


Microorganisms in biofilms are enclosed by an extracellular matrix that confers protection and improves survival. Previous studies have shown that viruses can secondarily colonize preexisting biofilms, and viral biofilms have also been described.


...we raise the perspective that CoVs can persistently infect bats due to their association with biofilm structures. This phenomenon potentially provides an optimal environment for nonpathogenic & well-adapted viruses to interact with the host, as well as for viral recombination.


Biofilms can also enhance virion viability in extracellular environments, such as on fomites and in aquatic sediments, allowing viral persistence and dissemination.
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