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Bill Verburg Bill Verburg is online now
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Quote:
Originally Posted by asphaltgambler View Post
OK,

So while I'm fairly adept with a whole lot of things, including basic investing in tangible assets, I still know almost nothing about the market.

I have a strong desire to understand what and how it works before I learn how to go investing money. Like anything else in my life, I'm very much a do-it-your-selfer. As in; if I knew nothing about cars but wanted to do my own maintenance and repairs, where do I go to learn long term?

I know the best way ( for me) is to read a few books and have an experienced and successful mentor guide me. Which is exactly what I did in the mid 90's where I traded / taught a guy who was a former member and worked the floor ( he said) of NYSE. He wanted to learn cars and how to work on them, I wanted to learn about the market. It didn't work out so well for me because he was all over the place, a poor communicator, had ADD. This was just prior to the internet as we know it so I couldn't 'see' active trades or other software useful for evaluating.

The short story is he learned a lot about what he wanted, I learned almost nothing.

I checked with my local college and a few other places, no one offers a beginners course to more advanced about understanding what, how, why.

I think at least for now the source of that information is audio books / podcasts where I could listen, study and establish a strong, but basic understanding then progress to more advanced on my own time.

My question is which author / audio book(s) would you recommend?

Thanks!
You might want to start w/ the Basics like Ben Graham, Security Analysis & The Intelligent Investor

The thing I remember most is his quote
"In the short run, the market is a voting machine but in the long run it is a weighing machine"?

Go from there
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Bill Verburg
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