I think i will evolve from buffetology (profit by holding for long term) to Livermorelogy (speculation).
Buffet make his pile because dow jones is up all the way from 1950 till now.
While, livermore and the rest lived during the depression era. In the depression area if you buy and hold you will die like chicken.
I guess that depression teach a lot about human nature.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by dragonking > 2012-12-03 17:43 | Report Abuse
I think i will evolve from buffetology (profit by holding for long term) to Livermorelogy (speculation). Buffet make his pile because dow jones is up all the way from 1950 till now. While, livermore and the rest lived during the depression era. In the depression area if you buy and hold you will die like chicken. I guess that depression teach a lot about human nature.