Podcasts about stock operator

Today, we're bringing you an episode from another podcast in the FT stable: The Story of Money.Jesse Livermore was a legendary trader who made and lost several fortunes in the early 20th century, most famously by shorting the Wall Street crash of 1929. His early life was immortalised in the roman à clef Reminiscences of a Stock Operator by Edwin Lefèvre, and his trading insights and stunning successes continue to inspire professional traders and would-be traders to this day. But his life also contains cautionary tales about the ease with which success can morph into failure, and what happens when the buzz of the markets is no longer enough. Host Robin Wigglesworth and the FT's US financial commentator Robert Armstrong explore the extraordinary life of the greatest day trader in history.Watch, listen and subscribe to The Story of Money for free on YouTube, Apple Podcasts, Spotify, at ft.com/tsom or wherever you get your podcasts.Content note: This episode includes discussion of suicide and mental health.Further reading:Reminiscences of a Stock Operator (1923), Edwin Lefèvre1929: Inside the Greatest Crash in Wall Street History and How It Shattered a Nation (2025), Andrew Ross Sorkin Credits: Getty Images, The New York Times To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: https://www.youtube.com/@FTTheStoryOfMoney Learn more at www.ft.com/tsom or get in touch at thestoryofmoney@ft.com.Hosts: Gillian Tett and Robin WigglesworthProducer: Lulu SmythSenior Producer: Michela Tindera Executive Producer: Manuela SaragosaOriginal music and sound design: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GiuompasisPodcast Development: Laura ClarkeFT Global Head of Audio: Flo Phillips Hosted on Acast. See acast.com/privacy for more information.

Jesse Livermore was a legendary trader who made and lost several fortunes in the early 20th century, most famously by shorting the Wall Street crash of 1929. His early life was immortalised in the roman à clef Reminiscences of a Stock Operator by Edwin Lefèvre, and his trading insights and stunning successes continue to inspire professional traders and would-be traders to this day. But his life also contains cautionary tales about the ease with which success can morph into failure, and what happens when the buzz of the markets is no longer enough. Host Robin Wigglesworth and the FT's US financial commentator Robert Armstrong explore the extraordinary life of the greatest day trader in history.Content note: This episode includes discussion of suicide and mental health.Further reading:Reminiscences of a Stock Operator (1923), Edwin Lefèvre1929: Inside the Greatest Crash in Wall Street History and How It Shattered a Nation (2025), Andrew Ross Sorkin Credits: Getty Images, The New York Times To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: https://www.youtube.com/@FTTheStoryOfMoney Learn more at www.ft.com/tsom or get in touch at thestoryofmoney@ft.com.Hosts: Gillian Tett and Robin WigglesworthProducer: Lulu SmythSenior Producer: Michela Tindera Executive Producer: Manuela SaragosaOriginal music and sound design: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GiuompasisPodcast Development: Laura ClarkeFT Global Head of Audio: Flo Phillips Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Oggi a Too Big To Fail parliamo bolle finanziarie: come nascono, crescono, vengono pompate, diventano giganti e scoppiano con terribile fragore e dolore al portafoglio.I consigli di oggi:Nicola: Reminiscences of a Stock Operator di Edwin LefèvreVittorio: SqualiAlain: L'arte di cambiare di Katy Milkman

The fun side of rather questionable behaviour.'Reminiscences Of A Stock Operator' by Edwin Lefevre is a fictional 1st person account of a Wall St trader in the early 1900's, but largely based on the real life operator of Jesse Lauriston Livermore. He describes his early life trading in bucket shops before moving into more high leverage trading and ultimately market manipulation. Within you'll find amusing stories of trading hijinks, unbelievable trades, emotional discipline & bankruptcies galore.If you got value from the podcast please provide support back in any way you best see fit!Timeline:(00:00:00) Intro(00:02:31) Themes/Questions(00:20:48) Author & Extras(00:29:08) Summary(00:32:18) Value 4 Value(00:33:38) Coming Up/Join Live! Connect with Mere Mortals:Website: https://www.meremortalspodcasts.com/Discord: https://discord.gg/jjfq9eGReUTwitter/X: https://twitter.com/meremortalspodsInstagram: https://www.instagram.com/meremortalspodcasts/TikTok: https://www.tiktok.com/@meremortalspodcastsValue 4 Value Support:Boostagram: https://www.meremortalspodcasts.com/supportPaypal: https://www.paypal.com/paypalme/meremortalspodcast

If you want to grow your advisory business by bringing on new clients, you have to get three things right: Your marketing, messaging and meetings. Marketing: You have to attract the right prospects and repel the wrong ones. Messaging: You have to connect with the prospect. Meetings: You have to create an experience that infuses trust and clarity. Most advisors execute one or two of these at a high level. But those excelling at all three are growing the fastest.  David Armstrong, President and Co-founder of Monument Wealth Management, shares how they have married all three to propel the firm's growth. You'll Learn:  Why SEO might be dying as a marketing strategy The “Monument Blueprint Process” to go from prospect to client The 'Peanut Butter and Jelly' fit strategy for ideal client relationships The future of search and the importance of content in AI-driven results How they use whiteboards for a collaborative and visual discovery meeting *To sign up for Brendan's newsletter packed with resources to master the human side of advice → Click Here Resources: Perplexity AI Turo Carsharing Company Financial Advisor Magazine 125: Building A Screening Process To Identify Perfect-Fit Prospects Ready To Act with Dr. Meghaan Lurtz Your Money and Your Brain by Jason Zweig Reminiscences of a Stock Operator by Edwin Lefèvre Zero To One by Peter Thiel and Blake Masters Connect with Brendan Frazier:  RFG Advisory LinkedIn: Brendan Frazier Connect with David Armstrong:  Linkendln: David B Armstrong Monument Wealth Management Instagram: @monumentwealth Moments in Leadership About Our Guest:  David Armstrong is the president and co-founder of Monument Wealth Management, an RIA based in the DC area, recognized as one of America's top RIAs by Financial Advisor Magazine. Monument Wealth Management is dedicated to providing unfiltered opinions and straightforward advice, which sets them apart from the typical industry offerings. David also hosts the "Moments in Leadership" podcast, where he shares his expertise on leadership and wealth management. The firm's approach focuses on delivering practical, no-nonsense advice to clients in an often crowded market. To learn more about Monument Wealth Management and their unique approach to financial advisory, visit their website at www.monumentwealthmanagement.com. — Content here is for illustrative purposes and general information only. It is not legal, tax, or individualized financial advice; nor is it a recommendation to buy, sell, or hold any specific security, or engage in any specific trading strategy. Information here may be provided, in part, by third-party sources. These sources are generally deemed to be reliable; however, neither our guest nor RFG Advisory guarantee the accuracy of third-party sources. The views expressed here are those of our guest. They do not necessarily represent those of RFG Advisory, its employees, or its clients. This commentary should not be regarded as a description of advisory services provided by RFG Advisory, or performance returns of any client. The views reflected in the commentary are subject to change at any time without notice. Securities offered by Registered Representatives of Private Client Services. Member FINRA / SIPC. Advisory services offered by Investment Advisory Representatives of RFG Advisory, LLC (“RFG Advisory or “RFG”), a registered investment advisor. Private Client Services and RFG Advisory are unaffiliated entities. Advisory services are only offered to clients or prospective clients where RFG Advisory and its representatives are properly licensed or exempt from licensure. No advisory services may be rendered by RFG Advisory unless a client agreement is in place. RFG Advisory is an SEC-registered investment adviser. SEC registration does not constitute an endorsement of RFG by the Commission,

"You have to, create your own library of Alexandria. And the great thing is you can do it topic by topic. Someone sends you a book recommendation? Great. Buy it on Kindle, stick it in the Notebook [LM], right? You'll get there eventually, but it's part of your searchable database from today because, I've taken it on recommendation from someone I trust." -Rupert Mitchell, Blind Squirrel Macro--This week, Chase interviews his brain doppelgänger and good friend, Rupert Mitchell, of Blind Squirrel Macro. Rupert began his finance career on the sell side of Investment Banking (pick one, he worked there) and also ran the equity syndicate desk in Hong Kong. Rupert began Blind Squirrel Macro as a way to connect with people about investing. His apt tag line is “Macro for Civilians” and this conversation stays on brand. Enjoy all of Rupert's thoughts on space, his thankfulness for the power of a targeted ETF, and most importantly, how to approach A.I. agnostically. We must have Rupert back, because we barely scratched the surface in this episode! --Timestamps:(00:01) – Intro(04:03) – Why Rupert loves the market(06:52) – How Rupert structures his trade ideas(12:19) – ETF providers need some love(14:37) – Early wins can be dangerous (16:46) – Living in Australia gives you an edge (23:40) – Will there ever be a Bloomberg [terminal] killer?(26:53) – Oil (29:56) – Rupert is the new champion for the old book question(35:10) – A.I. can't strip us of beautifully written words(37:37) – It's inevitable that you get trades right for the wrong reasons(40:08) – Be Agnostic about A.I.(46:17) – How Rupert collects dots(55:42) – Plugs --This Episode's Charity:This week's episode features causes close to Rupert's heart: Guide Dogs Australia & Search and Rescue Dogs of Australia. Unfortunately, Rupert didn't slip once, so we couldn't help the best of Australia's dog professionals. But you can by checking out these great charities! --Referenced in the Show:So many ETFS: Simplify's TUA & PFIX, Range's NUKZ & LNGZ, Cathie Wood's Space ETF, & Procure's UFOAI Tools for an informational edge: Harkster, NotebookLM, & FinChatOther great Podcasts/Radio: Commodity Context & Desert Island DiscsBooks: Reminiscences of a Stock Operator, Dostoyevsky's The Gambler, Annie Duke's

In episode 741 of QAV, Tony and Cam discuss fear and greed with quotes from "Reminiscences of a Stock Operator", analyse West African Resources' (WAF) market situation due to Burkina Faso's political climate, Bank of Queensland's (BOQ) franchise strategies, Tony's attempts to get ChatGPT to help with the Kelly Criterion, answer a question about US Dummy Portfolio Strategy, and discuss insights on price-to-cash flow ratios from 'What Works on Wall Street' by O'Shaughnessy. The 'Pulled Pork' section features an in-depth look at Adairs (ADH) and its new strategic direction. And, of course, After Hours.

The S&P 500 has reached unprecedented heights, achieving 30 all-time highs in 2024. But with the ongoing bull market, interest rate cuts from the Fed, and an impending election, should investors consider securing their profits? In today's podcast, we draw valuable insights from the timeless classic, "Reminiscences of a Stock Operator," the biography of Jesse Livermore, a legendary investor known for his spectacular successes and catastrophic failures. As we reflect on Jesse's remarkable journey, our Chairman, Brian, shares key takeaways. Using Jesse's experiences as a backdrop, we tackle crucial questions: - Can taking profits lead to financial ruin? - How should investors respond to the Fed's rate cuts: focus on overseas markets or small-cap companies? - What's behind Brian's unflappable calm in the face of market volatility? Here's to wise investing, Brett Pattison and Brian Hunsaker

In this episode, we do a deep dive into 'Reminiscences of a Stock Operator' by Edwin Lefèvre, detailing Jesse Livermore's life and lessons. We give AU and U.S. portfolio updates, some discussion about interest rates and the housing market, say goodbye to VUK, keep an eye on the iron ore price, reveal TK's recent mistakes, and talk through a quote from 'What Works on Wall Street' by O'Shaughnessy. The 'Pulled Pork' segment looks at one of our U.S. investments, American retailer Lands' End (LE), its history and recent quarterly results.

In this conversation, Kathy and Liz Ann discuss quotes and sayings from industry legends that have resonated with them over the years. You can read Liz Ann's article about her reminiscences in the industry and watch the clip of Marty Zweig calling the crash of '87 on YouTube. Kathy and Liz Ann also talk about the Federal Reserve's annual conference at Jackson Hole, Wyoming, and why the economic symposium takes place there. Then, they dig into the Bureau of Labor Statistics' benchmark revisions to the annual payroll data and the market's reaction to the revised numbers. They agree that it's unlikely the Fed will cut 50 basis points in September.Finally, Kathy and Liz Ann provide their outlook for the next week's economic data and market events.On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting.If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThe information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.  All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.  Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.  Investing involves risk, including loss of principal.  The information and content provided herein is general in nature and is for informational purposes only. It is not intended, and should not be construed, as a specific recommendation, individualized tax, legal, or investment advice. Tax laws are subject to change, either prospectively or retroactively. Where specific advice is necessary or appropriate, individuals should contact their own professional tax and investment advisors or other professionals (CPA, Financial Planner, Investment Manager) to help answer questions about specific situations or needs prior to taking any action based upon this information.  Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.Futures, and Futures options trading involves substantial risk and is not suitable for all investors. Please read the Risk Disclosure Statement for Futures and Options prior to trading futures products.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.The books Reminiscences of a Stock Operator, Market Wizards, Random Walk Down Wall Street, The Money Game, Extraordinary Popular Delusions and The Madness of Crowds, and Against the Gods are not affiliated with, sponsored by, or endorsed by Charles Schwab & Co., Inc. (CS&Co.). Schwab has not reviewed the books and makes no representations about their content.(0824-M7F0)

There are timeless principles that underlie stock trading. In this episode we discuss Reminiscences of a Stock Operator, considered by many to be a classic work in the space. First published in 1923, Reminiscences of a Stock Operator by Edwin Lefevre is a fictionalized biography based on the career of legendary stock trader Jesse Livermore. Through the first-person recounting of protagonist Lawrence Livingston's career, Lefevre imparts hard won stock trading lessons. Through many booms and busts Livingston grows and forms a deeper understanding of the principles that underlie the market as well as the forces that propel it. The fictionalized biography has minimal personal anecdotes, concentrating almost wholly on Livingston's career and the events that shape the US economy during his exploits from the 1890s through to the 1920s. We were pleased to be joined by investor and entrepreneur Brad Mills on this episode, a huge fan of the book. Show Notes Reminiscences of a Stock Operator by Edwin Lefevre via Amazon Brad Mills's Website Brad Mills on Instagram Follow us on X @BusinessBooksCo and join our Amazon book club. Edited by Giacomo Guatteri Find out more at http://businessbooksandco.comRead transcript

“But I'm buying stuff where, revenue's growing rapidly. I'm buying stuff where value creation is happening rapidly. I'm buying, you know, growth momentum names. I'm buying them before anyone else realizes that they're growth momentum names...they're still valued like uh, value stocks. If you look at this sort of stuff we're doing, we call it--, I call it inflection investing for lack of a better word, but they tend to be industries that have destroyed a lot of capital that have bored people to death, that give people PTSD.” -Kuppy, Praetorian Capital --Kuppy has been a great friend to Chase since he started PMR. This week they discuss position sizing, what inflection investing really means, how to spot the convergence of cyclical and secular tailwinds, and most importantly, how getting away from the markets allows you to express your trades more effectively. Kuppy's approach to investing is bold, well researched, and decisive. We also discussed how he decided to stop missing stuff with the inception of Kuppy's Event Driven Monitor (KEDM). --Timestamps:(00:00) - Intro(01:46) – Kuppy is a value investor that makes money(02:58) – Charity of Choice: Sugar Pine Foundation(04:09) – Roman History isn't a real major (06:03) – Inflection investing is momentum investing with a value overlay (09:28) – Middleman companies provide the best value?(09:46) – Cyclical sectors with secular change(12:02) – Find ways to be out of the office(12:46) – Kuppy makes the chart (12:55) – Fundamental Momentum(13:42) – Exit criteria: When something better comes along(15:40) – Sizing of trades: There's not enough good ideas to trade small positions(19:54) – Get away from granularity unless it's earnings season(24:42) – Massive events still take weeks to figure out (26:25) – Surfing – no phones allowed(28:20) – Good food and good weather for good living(29:13) – Being wrong isn't personal. Get out before you change your mind (31:39) – Between Two Pines (35:21) – Sidestep the politics and sales pitches of corporate management leadership(40:45) – KEDM – Kuppy got tired of missing stuff(46:16) – Tomorrow's Gold by Marc Faber & Reminiscences of a Stock Operator by Edwin Lefèvre and Roger Lowenstein(47:00) – Sleepwalking into YCC(48:04) – Kuppy reaches out the finance circle for “smell tests”(49:23) – Luck in trades because of long timeline horizons(51:46) – Plugs --This Episode's Charity:The Sugar Pine Foundation began in 2004.They are dedicated to restoring sugar pines in the Lake Tahoe National Forest in California. Donate here: https://sugarpinefoundation.org/get-involved/donate --Referenced in the Show:Kuppy's Book Recommendations: Tomorrow's Gold by Marc Faber &Reminiscences of a Stock Operator by Edwin Lefèvre and Roger Lowenstein --Guest Plugs:Kuppy's X : https://twitter.com/hkuppy Praetorian Capital : https://pracap.com/ Kuppy's Event Driven Monitor (KEDM) :

Guest: James Check, (Checkmate) Lead Onchain Analyst, Glassnode, Bitcoin Onchain Analyst Check on Chain  Host: RA George, Blockchain DXB Contact Info: James Check & Glassnode Glassnode Website - https://glassnode.com/ LinkedIn - https://tinyurl.com/nznh9d44 Telegram- https://t.me/glassnode Youtube - https://www.youtube.com/glassnode Twitter - @glassnode https://twitter.com/glassnode James Check Twitter @_Checkmatey_ https://tinyurl.com/y37j52w9 Substack- https://substack.com/@checkonchain Check on Chain : https://www.checkonchain.com/ Summary of the conversation - James discussed a report he's preparing on the bull and bear cases for cryptocurrency, released on May 1st. - He shared his journey into the cryptocurrency space, particularly focusing on Bitcoin, as well as his background in civil engineering, emphasizing risk and probability. - James highlighted his role as Lead Onchain Analyst for Glassnode, focusing on Bitcoin and Ethereum, incorporating competencies from his civil engineering background. - He defined Bitcoin as a mechanism for storing time, contrasting it with fiat currency's money printing. - Explained Glassnode's role in providing onchain data analysis for traders and institutional investors, highlighting its benefits for individuals and businesses. - Discussed the use of onchain data and its various patterns and insights, including the weekly insights report. - Considered key dates like the FOMC meeting on May 1st and discussed metrics such as outflows and price corrections. - Explored Bitcoin halving and its implications, referencing an interview with YouTuber "Pepperstone" and Glassnode's institutional report with Coinbase. - Examined the impact of stablecoins and other reports Glassnode looks at. - Detailed Glassnode's data extraction processes and challenges in explaining services to clients. - Explored psychological behaviours identified through onchain analysis, sharing a 2021 incident. - Discussed the legitimacy of onchain analysis and Glassnode's competitive advantage. - Recommended the book "Reminiscences of a Stock Operator" and discussed Check on Chain, James' personal project. - Explored Bitcoin's white paper and its significance, along with investment portfolios for High Net Worth Individuals and Institutions. - Discussed Glassnode's use of AI and its impact on the onchain analyst role. - Explored the philosophical implications of Bitcoin as sound money and its role in the future. - Considered Bitcoin halving and related onchain metrics, comparing 2020 and 2024 halvings. - Shared thoughts on ordinal inscriptions and runes, discussing personal use cases. - Discussed Ethereum metrics and challenges, as well as the potential impact of the 2024 US elections on Bitcoin and cryptocurrencies. - Concluded with a discussion on James' music genre preferences and highlighted key information about Glassnode and Check on Chain. Thank you for the podcast. For feedback or suggestion send email to info@blockchaindxb.com

In this episode, Nik is joined by Jack Farley, host of the Forward Guidance podcast. Jack and Nik discuss their favorite books on finance and global macroeconomics. From banking history to financial markets to science fiction, Jack discusses what he loved about each book and inquires about Nik's background as a money markets and Treasury repo trader. Books and authors mentioned during this recording: Lords of Finance by Liaquat Ahamed Debt: The First 5000 Years by David Graeber Reminiscences of a Stock Operator by Edwin Lefèvre New York 2140 by Kim Stanley Robinson The Price of Time: The Real Story of Interest by Edward Chancellor When Genius Failed by Roger Lowenstein Adam Tooze Bethany McLean Barry J. Eichengreen The Bitcoin Layer is brought to you by River. Visit http://River.com/TBL and earn up to $100 in bonus Bitcoin when you buy. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL's research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer and its guests do not provide investment advice. Block Height 840573 #TheBitcoinLayer Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #FinanceBooks #MacroEconomics #BankingHistory #FinancialMarkets #ScienceFictionBooks #BookRecommendations #FinancialLiterature #GlobalEconomics #MoneyMarkets #TreasuryRepo #PodcastDiscussion #BookLovers #FinancialEducation #InvestmentBooks #EconomicReading #FinancialPodcast #BookTalk #FinancePodcast #FinancialAnalysis #EconomicInsights #InvestmentReading #MarketAnalysis #BookReviews #FinancialPodcasting #MacroAnalysis #InvestmentTips #EconomicBooks #FinancialKnowledge #ReadingList #InvestorEducation #FinancePodcasts #EconomicDiscussion #FinanceCommunity #BookDiscussion #EconomicPodcasts #FinancialInnovation #MarketTrends #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #RiverBitcoin #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macroSubscribe to The Bitcoin Layer on Soundwise

In today's competitive financial markets, staying abreast of changes is crucial.Join us on Average Joe Finances as our guest Tony Saliba shares how he managed to adapt to different financial scenarios by harnessing his superpower—the 'what ifs.' His early struggles and the gradual development of his risk-averse trading methodology form a compelling narrative of dedication, acumen, and adaptability.What you'll learn in this episode:Benefits of options trading, aligning with individual investing ideas and risk profiles, elucidating its value for those with limited capital.The importance of continuous learning, recommending readings such as "Reminiscences of a Stock Operator" and "Market Wizards".The importance of a sounding board for trading, underlining the effectiveness of collaboration and mentorship.And so much more!Key Moments:00:00:40 Tony's Journey into the World of Finance00:03:04 Tony's Early Career and Challenges00:03:59 Transition into Technology and Entrepreneurship00:04:43 Reflecting on Tony's Career Shifts and Decisions00:05:00 Tony's Tech Innovations in Trading00:07:43 The Impact of Tech on Trading and Business00:19:45 Tony's Superpower and Entrepreneurial Mindset00:24:52 The Motivation Behind the Hustle00:26:43 Journey of Building and Handing Over00:27:01 Future Plans and Legacy00:28:02 Transition from Stocks to Crypto00:28:51 Introduction to Bitcoin00:30:41 Launch of Mercury Digital Assets00:32:45 The Future of Tokenization00:33:56 The Impact of Blockchain on Real Estate00:34:52 Tokenization of Artwork00:38:01 Future of Digital AssetsFind Tony Saliba on:Website: https://liquidmercury.com/LinkedIn: https://www.linkedin.com/in/tonysalibaAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

Jesse Lauriston Livermore was a famed American stock trader known for his huge successes and devastating failures in the early 20th century. Starting as a "chalkboard boy" in a Boston brokerage, he became hugely wealthy as a trader first in "bucket shops" and then on the exchange in New York.  Livermore made millions in the Panic of 1907, the roaring 20's and in the 1929 market crash. His experiences are chronicled in the classic "Reminiscences of a Stock Operator" by Edwin Lefèvre.Despite his legendary wins, Livermore went bankrupt numerous times and faced personal challenges, culminating in his tragic suicide in 1940. His legacy endures as an influential figure in financial history.Books:Jesse Livermore – The Man Who Sold America Short by Tom Rubython: https://amzn.to/3vWOrCAJesse Livermore – Worlds Greatest Stock Trader by Richard Smitten: https://amzn.to/47QO3TmJesse Livermore – Speculator King by Paul Sarnoff: https://amzn.to/47R9jIvReminiscences of a Stock Operator by Edwin Lefèvre: https://amzn.to/496874UHow to Trade in Stocks by Jesse Livermore: https://amzn.to/4baKom1Online SourcesNew York Times Time Machine: https://timesmachine.nytimes.com/browserTime Magazine Archives: https://content.time.com/time/subscriber/article/0,33009,847596-2,00.html Wikipedia: https://en.wikipedia.org/wiki/Jesse_LivermorePatrick's Books:Statistics For The Trading Floor:  https://amzn.to/3eerLA0Derivatives For The Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvCPatreon Page: https://www.patreon.com/PatrickBoyleOnFinanceBuy Me a Coffee: https://buymeacoffee.com/patrickboyleVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleOff-Plan On AirWeekly insight into the world of off-plan real estate investment in Dubai, UAE, with...Listen on: Apple Podcasts Spotify All Business. No Boundaries.Welcome to All Business. No Boundaries, a collection of supply chain stories by DHL...Listen on: Apple Podcasts Spotify Support the show

The annual episode we've all been waiting for… What happened in the US market in 2023? How can we expect the market to perform in 2024? Tune in to find out!    In this Off the Wall Market Update, hosts David Armstrong, CFA and Jessica Gibbs, CFP® are joined by Monument's portfolio management team Erin Hay, CFA and Nate Tonsager, CIPM®.    Listen in to hear their market recap for 2023 and outlook for 2024 – reviewing the US market's best and worst performing sectors of last year, the stock rally of Q4 2023, and how experts' 2023 market outlooks compared to actual market performance.    Then, the team shares their thoughts on what might be ahead for the markets and the economy in 2024, including inflation, Fed rate cuts, affordability of housing, equity markets, the presidential election, and more.    Plus, the essential things you need to be a great investor in 2024 and beyond. Finally, you'll get to hear who won the great Jimmy John's sandwich bet of 2023.    “Investors shouldn't be adjusting their portfolios based on what the market outlook says. You should only focus on your needs for long-term growth and short-term liquidity.” – David B. Armstrong, CFA®    Stay tuned for more amazing content coming your way in 2024!    Episode Timeline/Key Highlights:  [01:42] 2023 Market Summary – What happened in 2023?  [12:16] What experts' 2023 market outlooks said vs. how the market actually performed in 2023.  [21:46] Is the economy out of the woods?  [23:32] What we're most pessimistic about for the 2024 market and economy.  [29:26] What we're most optimistic about for the 2024 market and economy.  [36:50] Predictions on inflation in 2024: Will inflation go up or down or stay the same this year?  [40:08] Predictions on Interest rates in 2024: Will interest rates go up or down this year?  [42:05] Our most important advice to investors as we enter 2024.   [48:32] Were our 2023 predictions correct? + Our predictions for 2024.    Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures.      Resources Mentioned:  Give us your feedback! Take our survey: https://bit.ly/3RZp77h  Subscribe to our blog: https://bit.ly/MonumentWealthBlog  Matt Levine on Bloomberg: https://bloom.bg/3TUGEii  Reminiscences of a Stock Operator by Edwin Lefèvre: https://amzn.to/3vwG8gm    Follow our Asset Management team on LinkedIn:  Erin Hay https://www.linkedin.com/in/erinhay  Nate Tonsager https://www.linkedin.com/in/nate-tonsager    Connect with Monument Wealth Management:  Visit our website: https://bit.ly/monumentwealthwebsite   Follow us on Instagram: https://bit.ly/MonumentWealthIG   Follow us on X: https://bit.ly/MonumentWealthTW   Connect with us on LinkedIn: https://bit.ly/MonumentWealthLI   Connect with us on Facebook: https://bit.ly/MonumentWealthFB   Connect with us on YouTube: https://bit.ly/YouTubeMWMFit    About “Off the Wall”:  OFF THE WALL is a podcast for business professionals and high-net-worth investors who want to build wealth with purpose. A little bit Wall Street, a little bit off-the-wall; it's your go-to for straightforward, unfiltered wealth advice on topics that founders, business owners, and executives care about.    Learn more about our hosts, Dave and Jessica on our website at https://monumentwealthmanagement.com.   

Recorded 12-12-23 Media Picks (some links are affiliate) Against the Gods: https://amzn.to/3GVklkZ Reminisces of a Stock Operator: https://amzn.to/41C7i1b The Intelligent Investor: https://amzn.to/4awqqSw The Little Book of Value Investing: https://amzn.to/3vbYgMt Morgan Housel Psychology of Money: https://amzn.to/47dKfLF State of the Markets Podcast: Presented by Tim Price and Paul Rodriguez follow on X --- Send in a voice message: https://podcasters.spotify.com/pod/show/stateofthemarkets/message

Chapter 1 Understand the idea behind Reminiscences Of A Stock Operator"Reminiscences of a Stock Operator" is a fictionalized biography of the trader and speculator Jesse Livermore. It was written by American author Edwin Lefèvre and first published in 1923. The book follows the life and career of the protagonist, Larry Livingston, loosely based on Livermore's own experiences.The narrative is set in the early 1900s, during a time of rapid economic growth and financial speculation. It explores the inner workings of the stock market, as Livingston makes and loses fortunes through his trading endeavors. The book delves into the psychological and emotional aspects of trading, providing insights into the mindset and strategies of successful traders."Reminiscences of a Stock Operator" is widely regarded as a classic in the field of trading and investment. It offers timeless lessons on the importance of discipline, risk management, and the understanding of market psychology. Many traders and investors consider it an essential read for gaining a deeper understanding of the stock market and honing their own trading skills.Chapter 2 Is Reminiscences Of A Stock Operator Worth the Hype?Yes, "Reminiscences Of A Stock Operator" by Edwin Lefèvre is widely regarded as a classic and highly recommended book for anyone interested in stock market trading and investing. It is based on the life and experiences of Jesse Livermore, one of the most successful stock traders in history, and provides valuable insights into market psychology, risk management, and the importance of discipline in trading. Many traders and investors find the book to be entertaining, informative, and timeless in its lessons.Chapter 3 Overview of Reminiscences Of A Stock Operator"Reminiscences of a Stock Operator" is a fictionalized biography that follows the life and trading career of Jesse Livermore, one of the most successful and influential stock traders in Wall Street history. The book was written by Edwin Lefèvre and first published in 1923.The story begins with Livermore as a young boy in a small town, where he develops an early fascination with the stock market. He learns the basics of trading from his father and starts making his own investments. However, he soon realizes that he has a natural talent for reading market trends and making profitable trades.Livermore eventually moves to New York City and begins trading in the stock exchange, where he quickly gains a reputation as a skilled speculator. He experiences both huge wins and devastating losses throughout his career, learning valuable lessons about the psychology of trading along the way.The book highlights various techniques and strategies that Livermore employs to achieve his success, including playing both long and short positions, following trend lines, and managing risk. He also emphasizes the importance of understanding market sentiment and controlling emotions during trading.Throughout the story, Livermore faces personal challenges, such as his struggle to maintain relationships and his tendency to overtrade. He must constantly battle with his own self-doubts and impulsive behavior, which often lead to losses."Reminiscences of a Stock Operator" provides readers with insights into Livermore's trading philosophy and offers valuable lessons to aspiring traders. It explores the psychological aspects of trading and the importance of discipline, patience, and risk management.Overall, the book is seen as a classic in the field of finance and trading, providing a timeless account of one trader's journey and offering...

Oh, this episode is a really, really good episode.Incorporate what hedge fund manager Jason Lieber has to say and you'll be in a much better financial frame of mind.Contact Jason Lieber at Jason@mydacapital.com✬ SPONSORS OF EPISODE 59 ✬ ► COLEL CHABAD: Please help Israel's neediest! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! ► APPROVED FUNDING: Looking to purchase a home? Looking to get involved in real estate? Speak to Shmuel Shayowitz at https://approvedfunding.com/Shmuel/ to make sure you do it right. ► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 in Hebrew) at https://Twillory.com/KosherMoney - Limited Time Offer, On a $139 Purchase. ENJOY! Jason's Book Recommendations:Reminiscences of a Stock Operator: https://amzn.to/3ECUbT0Liar's Poker: https://amzn.to/3ZgHpDfHow to Make Money in Stocks: https://amzn.to/46aUaRZFollow Kosher Money on social media: TikTok - https://www.tiktok.com/@koshermoneypod Instagram - https://www.instagram.com/koshermoneypod Follow Living Lchaim on social media: TikTok - https://www.tiktok.com/@livinglchaim Instagram - https://www.instagram.com/livinglchaim/ Facebook - https://www.facebook.com/livinglchaim LinkedIn - https://www.linkedin.com/company/living-lchaim Free call-in-to-listen feature: • USA: 605-477-2100• UK: 0333-366-0154 • ISRAEL: 079-579-5088 Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/ Submit your questions to hi@LivingLchaim.com or WhatsApp us at 1-914-222-5513 - we love feedback, legit! For bonus content on our episodes, visit http://Mishpacha.com or pick up a new Mishpacha magazine weekly! Subscribe to our YouTube channel for more awesome content! :) More shows here: https://www.livinglchaim.com/ Hosted on Acast. See acast.com/privacy for more information.

Today's guest is Liz Ann Sonders, the Chief Investment Strategist of Charles Schwab. In today's episode, Liz Ann starts off by sharing some timeless lessons from her mentor, the great Marty Zweig! Then she shares her view of the economy and markets. She touches on earnings estimates, expectations for the Fed, market breadth, and where she sees opportunity going forward. (1:08) - Welcome Liz Ann to the show (1:28) - How Marty Zweig's sentiment indicators had a lasting impact on Liz Ann Sonders' approach (5:26) - Marty Zweig's Investing Rules (5:42) - Reminiscences of a Stock Operator (7:30) - Rukeyser's advice to Liz Ann: Explain finance so non-finance parents understand (10:01) - Understanding rolling recessions: A pandemic-era phenomenon (12:54) - Unprecedented weakness in leading indicators (LEI) hints at potential recession (15:49) - Housing market varies between existing/new and single/multifamily homes (19:27) - Fed's future path unclear (24:39) - Market's unpredictability and rich multiples require earnings growth for justification (39:30) - Emphasizing international diversification, especially in Japan (42:30) - Investors are turning to treasuries for yield (47:11) - Why this year feels like a "wall of worry" market (48:11) - Why the "get in, get out" approach to investing is gambling, not disciplined strategy (51:03) - What investment belief Liz Ann holds that most of her professional peers do not Learn more about Liz Ann: Charles Schwab; Twitter; ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Sponsor: Future Proof, The World's Largest Wealth Festival, is coming back to Huntington Beach on September 10-13th! Over 3,000 finance professionals and every relevant company in fintech, asset management and wealth management will be there. It's the one event that every wealth management professional must attend! Sponsor: Today's episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world's largest institutions, funds, and money managers. Subscribe for free here. Follow The Idea Farm: Twitter | LinkedIn | Instagram | Tik Tok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 

"Reminiscences of a Stock Operator" by Edwin Lefèvre is a fictionalised biography based on the life and experiences of Jesse Livermore, a famous stock trader.  Jesse Livermore is considered a pioneer of day trading and at one time, Livermore was one of the richest people in the world;  Some of Livermore's trades, such as taking short positions before the 1906 San Francisco earthquake and just before the Wall Street Crash of 1929, are legendary within investing circles. However, he eventually committed suicide, largely due to the amount of leverage he took on and at that time he had liabilities greater than his assets. Some observers have regarded Livermore as the greatest trader who ever lived, but others have regarded his legacy as a cautionary tale about the risks of leverage to seek large gains rather than a strategy focused on smaller yet more consistent returns. The book provides insights into the mindset, strategies, and challenges faced by a successful speculator in the stock market during the early 20th century. 

I was trading part-time for about 18 years before building the capital to finally leap into full-time trading and entrepreneurship. I'd likely still be struggling if it weren't for the following traders and trading books. In this episode we're going to discuss the following: 1. William O'Neil (How To Make Money In Stocks) 2. Mark Minervini (Think and Trade Like a Champion, Mindset Secrets for Winning) 3. Van Tharp (Super Trader) 4. Mark Douglas (Trading in the Zone) 5. Adam Sarhan (Psychological Analysis) 6. Stuart Chalmers - friend and coach at marawealth.com 7. Nicolas Darvas (How I Made 2 Million In The Stock Market) 8. Jesse Livermore (Reminscences of a Stock Operator by Edwin Lefreve) 9. Stan Weinstein (Secrets to Profiting In Bull and Bear Markets) We've moved the show and will be streaming LIVE Monday through Friday at 11:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

Erik sits down with independent analyst Benedict Evans for a wide-ranging discussion of predictions and frameworks spanning the vast realm of technology - where we've been, where we're going, and what really matters. AI scout and podcast host Nathan Labenz (The Cognitive Revolution) joins for the last 20 minutes to deepen the discussion on AI. If you're looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/UPSTREAM -- We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com. RECOMMENDED PODCAST:  Every week investor and writer of the popular newsletter The Diff, Byrne Hobart, and co-host Erik Torenberg discuss today's major inflection points in technology, business, and markets – and help listeners build a diversified portfolio of trends and ideas for the future. Subscribe to “The Riff” with Byrne Hobart and Erik Torenberg: https://link.chtbl.com/theriff TIMESTAMPS: (00:00) Episode preview (02:47) Benedict's annual presentations and frameworks for “the next thing” (08:00) Are Netflix and Tesla tech companies? (13:59) Why hasn't software ‘eaten' certain industries and fields? (15:47) Sponsors: Secureframe (19:30) Preconditions for predictions (25:30) Overhyped/underappreciated aspects of Web3 and Crypto (29:25) Blockchain, and Benedict's prediction for decentralization (35:00) Building the next Twitter (44:33) Predictions for metaverse and VR (50:52) Consumer surplus and business models (52:37) AI predictions (56:22) Opportunities in AI (01:02:58) Bundling and unbundling lens on AI (01:07:35) Future of jobs (01:16:00) Predictions for Benedict's next presentation LINKS: Presentations: https://www.ben-evans.com/ Book recommendation: Reminiscences of a Stock Operator by Edwin Lefèvre https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%25C3%25A8vre/dp/0471059684#:~:text=First%2520published%2520in%25201923%252C%2520Reminiscences%2520of%2520a%2520Stock%2520Operator%2520is,recommended%2520investment%2520book%2520ever%2520written?&_encoding=UTF8&tag=turpentine-20&linkCode=ur2&linkId=19fa33d3202c6df062385946b9ec3743&camp=1789&creative=9325 TWITTER: Erik's Twitter: @eriktorenberg Benedict's Twitter:@benedictevans Please support our sponsors: Shopify | Secureframe  -Shopify: https://shopify.com/torenberg for a $1/month trial period Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of all ecommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries. From their all-in-one ecommerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. Sign up for $1/month trial period: https://shopify.com/torenberg. - Secureframe: https://secureframe.com/ Secureframe is the leading all-in-one platform for security and privacy compliance. Get SOC-2 audit ready in weeks, not months. I believe in Secureframe so much that I invested in it, and I recommend it to all my portfolio companies. Sign up for a free demo and mention UPSTREAM during your demo to get 20% off your first year. Secureframe has just released Secureframe Trust, a new product that lets you showcase your organization's security posture to build customer trust.

Episode 301: Reminiscences of a Stock Operator is discussed by Justin & David for the Friendly Bear Book Club. The Friendly Bear Book Club will be introducing and reviewing all types of books that relate to trading. In this episode, Justin & David go over the key take-aways from the book Reminiscences of a Stock Operator and how you can apply the lessons learned into your trading and understanding of markets.BookAuthor: Edwin LefèvreTitle: Reminiscences of a Stock OperatorSocial MediaJustin RobertsonTwitter: butwouldyaInstagram: butwouldyaYouTube: ButWouldYaDavid CapablancaInstagram: reverselongTwitter: reverse_longYouTube: Friendly Bear ResearchYouTube: The Friendly Bear Book Club  Cobra Trading Click the link and get 33% off commissions for life as well as one month of free DAS Trader Platform

What does it take to build teams that span careers and create revenue?  The first guys we've ever had on the show break it down for us. Chris Hempstead is a Managing Director and Head of ETF and AP Portfolio Rebalance Trading at Mirae Asset Securities. Dave LaValle is a Senior Managing Director and Global Head of ETFs at Grayscale Investments, the world's largest digital currency asset manager. Both men are family guys, married to amazing women, who must just get them. You'll see what we mean.  Kristine Delano sometimes guides the conversation and sometimes just lets it flow, but in the end you'll get a good sense of what it takes to be on a team that just works.   Listen on your favorite podcast platform. We Talk Careers Podcast. Follow on Instagram kristine.delano.writer  Visit www.womeninetfs.com to find additional support in the ETF industry.  Go to www.kristinedelano.com for your Thrive Guide: a compilation of the most requested and insightful advice from our guests on Leadership and Advancement. Book recommendation: Reminiscences of a Stock Operator by Edwin Lefevre

Chapters: 00:00 Introduction 02:15 Old Regime vs New Regime 07:30 Benefits for Freelancers and Small Business Owners (Presumptive taxation) 12:51 Benefits for Investors 17:23 Conclusion Follow CA Nirha Desai on LinkedIn: https://www.linkedin.com/in/ca-nirha-desai-83149195/ Follow KR: Website: https://krun.al/ Twitter: https://twitter.com/MarketsWithKR LinkedIn: https://www.linkedin.com/in/krunalrindani/ Instagram: https://www.instagram.com/stockmarketswithkr/ My favourite business/finance/investing books: The Almanack of Naval Ravikant (free eBook): https://www.navalmanack.com/ The Hard Thing About Hard Things: https://amzn.to/34d5orj Reminiscences of a Stock Operator: https://amzn.to/3bDCNPM The Unusual Billionaires: https://amzn.to/3ykT5qJ The Psychology of Money: https://amzn.to/3oyuL03 Zero to One: https://amzn.to/3v5Pzyn If you buy anything using these links, I may earn a small commission, but it won't cost you anything extra. So please use them as it helps support my efforts to make finance accessible for all :) FREE Beginners course on the stock market: https://www.youtube.com/playlist?list=PLMTsrjnnlw8G2klYWx0xSld17zDZHNcTi For access to a position sizing calculator, trade checklist and trade log, please comment below and send me a message on any of my social media platforms! --------- Disclaimer: I'm not registered with SEBI. Everything I talk about is purely for educational and informational purposes only. None of this is financial advice or a recommendation or a tip. Please consult with your financial advisor before taking a decision. Please understand the risk of trading and investing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/krunal/message

Gold had an epic bull market in the noughties - I still remember the key numbers like it was yesterday.There was the low in 1999 at $250/oz, marked for all eternity by Chancellor of the Exchequer, Gordon Brown, as he sold off two-thirds of British gold at the bottom of the market, when there were no compelling need to sell.That low was re-tested in 2001 and we got a classic double bottom, followed by eight years of bull market, which ended, after a big wobble in 2006, in 2008 at $1,030/oz. Then the Global Financial Crisis came along. Gold plummeted along with everything else. An unstoppable rebound lasting three more years followed. First, the gold price broke out to new highs, and on it marched until it eventually peaked in 2011, with the Greek debt crisis, at $1,920/oz.Then came the bear market. Five brutal years of pain. It went all the way back to $1,040/oz.The period between 2018 and 2020 saw gold rally again, heading north of $2,000/oz, albeit briefly.But here we are in early 2023. And guess what? As I write, gold sits at $1,920/oz - the same price as it was back in 2011. Markets remember prices.What's next for the gold price? Will it pull back from here? Maybe. Probably.It has rallied $300/oz in barely two months. It's overbought. Neither silver nor the miners are leading. That's usually not a good sign. Charlie Morris says gold is trading above fair value. Charlie Morris is usually right.You can get cute and try and trade it, but no one knows what is going to happen. It's a precious metal and it's a market. If they can throw you, they will.  But then again, gold usually does well when trust in financial markets is low. I'd say that's the case now. Do you risk your position in the hope that you can get back in lower? What if it goes up instead?Or you can take the longer-term view. Like the famed trader, Old Partridge, in Edwin Lefevre's Reminiscences of a Stock Operator, who never wanted to lose his position in a bull market, a view since echoed by a memed typo, you can just hodl on.We must each make our own choices, learn from them and live with them.What happens to the gold price if everyone starts buying? Here's a nice little thought experiment. I've heard it before - but I'd forgotten it, and it was brought to my attention again by Winston Miles of Canadian investment house Eight Capital.There was a presentation by strategist Grant Williams in 2016 called “What If?” when he asked what would happen if pension funds, which currently had a 0.15% weighting to gold, increased that allocation. Miles decided to run that scenario in today's marketplace.“According to the OECD's most recent data, global pension assets are $56 trillion. I could easily see pension funds getting up to 1% of their portfolio in precious metals on average. But let's be a bit more conservative and go with two-thirds of 1%, or 66bps… which is $373,903,924,800.“That amount of money …  could buy every single company that makes up the Philadelphia Gold and Silver Index… which would set them back a cool $297 billion.  Then they could buy every share of GLD, even taking delivery of all that gold if they wanted, as it's all sitting in a vault somewhere.  That would cost another $56 billion. Then with the scraps left over, they could buy every share of the GDX… GDXJ… SIL… AND the SILJ.” (Those are the gold and silver mining ETFs).In short, there's a lot of money out there. On a relative basis, there isn't a lot of trade-able gold, and there aren't that many gold mining companies. A small shift in the narrative could send the gold and silver markets a long way higher. “It's an environment,” says Miles, “where almost no major pensions have a portfolio manager focused on metals and mining. The infrastructure is totally gone. It's hard to add supply, the mines are old, it takes ten+ years to build new ones, these are really long lead time projects.”You can conduct the same thought experiments with oil, gas and coal. Very little allocation (largely because of ESG), and very little investment leading to tight supply and long lead times.You can conduct the same experiments with bitcoin. What happens to the bitcoin price, if bitcoin were to become a core, mainstream portfolio holding?They all go a lot higher.You can't say the same about tech, the S&P 500, or government bonds. They are already owned.The narratives for gold, fossil fuels or bitcoin may not change, but if they do, look out above.On this note, here is the S&P500 relative to gold since 2000. When the chart is rising, gold is rising relative to the stock market and vice versa. At $1,920/oz gold is a lot cheaper today, relative to the stock market, than it was when it was $1,920/oz back in 2011. It's a third of the price. To get back to those equivalent levels, assuming no change in the price of the S&P500, gold would have to triple. I like the sound of $5,700/oz gold!$5,700 gold - that's a stat worth sharing.Gold and gold minersHere are the gold miners relative to gold. With the plethora of new ways that opened up to get exposure to gold in the 2000s - ETFs, online bullion dealers, CFDs, spread bets and all the rest of it - investors stopped bothering with miners, and who can blame them?Too much incompetence, too many frauds, too much political and environmental risk - and all the rest of it.Miners have been falling since 2003. But they stopped falling in 2015. Since then they've gone sideways. They are, as the technicians say, “building cause”.I reckon the low is in. It came in 2015. And we re-tested it last year.What do you think? Post your comments below.If you are interested in gold miners, please consider becoming a paid subscriber. I cover gold mining extensively.If you're buying gold, my current recommended bullion dealer in the UK is The Pure Gold Company, whether you are taking delivery or storing online. Premiums are low, quality of service is high. You can deal with a human being. I have an affiliation deals with them.If you're buying bitcoin, be sure to read my special report.And make your Number One resolution for 2023 to listen to Kisses on a Postcard.This article first appeared at Moneyweek. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

“If people approached trading the same way they would a job – you show up, you be consistent, you do a good job – there is a strong expectation that you're going to get a regular paycheque from the market.” – Simon Ree  Connect with Simon Ree: Website & Special Offer! Facebook Twitter LinkedIn YouTube   Selected links and people mentioned from this episode: The Tao of Trading by Simon Ree Options Academy Accelerate The Tao of Jeet Kune Do by Bruce Lee Goldman Sachs Jim Rickards Trading in the Zone by Mark Douglas Reminiscences of a Stock Operator by Edwin Lefèvre   Connect with REIN Canada REIN Canada CEO@reincanada.com REIN Channel Facebook Instagram Twitter   [02:08] Patrick introduces his next TEDM guest, Simon Ree. [03:22] Simon and Patrick get rollin'! Simon explains when and why his fascination with the stock market began, how he got his professional start once out of university and where that has led him right up to today. His focus has changed somewhat, which better aligns with the contribution he prefers to make. [08:25] Patrick notes, the title of Simon's book isn't a natural fit for the subject matter! Simon shares first how the title came to be, and second his desire to make a book about options trading that is accessible, engaging, and light. Simon's book folds in topics like mindset, risk management and planning which provides more breadth and depth to help people get their business off the ground. [12:03] Emotional control and the right mindset are the final frontier of trading and investing in Simon's view. In a market, that's designed to have people do the wrong thing at the wrong time, it's fundamental when remembering how markets cycle. [14:54] Simon talks about decision making in the stock market, whether this platform is better for intuition or research, plus the framework he provides in his book and why it's so important, especially when emotions threaten to overtake. [17:56] Simon shares his viewpoint on the current state of North American markets, central banks, and the economy of the past few years. Simon also describes his response to the narrative and questions especially when people ask, “what should I do with my money?” by exploring fixed vs. growth mindset. [24:39] At a tumultuous time like the present, it's tempting to pull our cards off the table, but Patrick and Simon discuss the importance of understanding investing and markets (be it real estate or stocks) at just such a time, to capitalize and even profit from the opportunities that do exist. [28:15] Simon shares his definition of a trader and an investor, which is a little different, and explains what sort of commodities he invests in both short and long term. [31:04] Simon addresses one of the five big myths of Wall Street: 10% per annum is a fantastic return. He goes on to explain that where we are in the season of our life, will certainly inform our trading decisions. We need to do the research and show up consistently to see the returns. [35:00] In response to questions about his outlook on the next five years, Simon shares his “headlight theory of capital allocation.” He expands on that to explain what it means in practice. [40:20] Although he considers himself an entrepreneur by default, Simon's real passion is not in business or even running a business. It's teaching. From martial arts to investing, seeing that lightbulb go on for someone when they “get it” is one of the most rewarding experiences for Simon. [43:35] Is it the same thread that binds Simon's interest in martial arts with his interest in the stock market? He describes his start in judo as a kid and his fascination with and attraction to the career path he chose. [46:42] Simon gives his take and on the relatively new space of social investing and online commission-free investing platforms, along with some of the realities and a word of advice. [49:53] After losing a “life-changing sum of money” in 2008,

Ed Hyman, the number one ranked economist on Wall Street for 42 years, has warned of the unintended consequences of the Federal Reserve's rapid tightening policies. Hyman, who is Vice Chairman of Evercore and leads the economic research team at its Evercore ISI division, has been monitoring the factors behind the recent nominal GDP growth, including record low-interest rates and a surge in the money supply. However, inflation has been surging, and the Fed is raising rates at a faster clip, leading to weakness in the economy. Hyman's recent reports highlight the impact of the Fed's tightening measures. WEALTHTRACK Episode #1924 broadcast on December 09, 2022 More info: https://wealthtrack.com/legendary-economist-ed-hyman-worries-about-the-unintended-consequences-of-feds-rapid-tightening/ Bookshelf: Reminiscences of a Stock Operator: https://amzn.to/3FhYoex One Up On Wall Street: How To Use What You Already Know To Make Money In The Market https://amzn.to/3uBS2BM --- Support this podcast: https://anchor.fm/wealthtrack/support

Grab a (non-alcoholic) beer and join host, Ari Santiago, as he talks to Jamie Lissette, COO, on this great episode all about Athletic Brewing Co and how they are changing the perception of non-alcoholic beer one can at a time. Learn how they are creating a new market, getting "cans in hands" and rising to the top as Inc 5000's 26th Fastest Growing Company in the US in 2022. Discover their secrets to a tiny, 2-3% employee churn rate, and find out more about their $50M investment from Keurig Dr Pepper. Jamie's Favorite Business Book: Reminiscences of a Stock Operator, Edwin Lefèvre Jamie Lissette, Athletic Brewing Co. Company Website: https://athleticbrewing.com/ Company YouTube: https://www.youtube.com/@AthleticBrewing Company Facebook: https://www.facebook.com/AthleticBrewing/ Company Instagram: https://www.instagram.com/athleticbrewing/ Company Twitter: https://twitter.com/AthleticBrewing Jamie's LinkedIn: https://www.linkedin.com/in/jlissette/ Ari Santiago, CEO, CompassMSP Company Website: https://compassmsp.com/ Company Facebook: https://www.facebook.com/MadeinAmericaPodcast Company LinkedIn: https://www.linkedin.com/company/made-in-america-podcast-with-ari Company YouTube: https://youtube.com/c/MadeinAmericaPodcastwithAri Ari's LinkedIn: https://www.linkedin.com/in/asantiago104/ Podcast produced by Miceli Productions: https://miceliproductions.com/ Ari and Jamie discuss: DTC Direct to consumer strategy GTM Go to market strategy Brewer of the Year award Investments Workforce development Employee churn Brand ambassadors

หนังสือ Reminiscences of a Stock Operator ของ Edwin Lefevre - การหวนรำลึกถึงการเป็นผู้ดำเนินงานในตลาดหลักทรัพย์นั้น เป็นสิ่งที่เราอาจจะเรียนรู้อะไรได้บางอย่างจากสิ่งเหล่านี้ - ไม่ว่าเวลาล่วงเลยผ่านไปนานสักเพียงใด แต่มนุษย์ก็ยังคงมีอารมณ์ ความคิด และการตัดสินใจที่คล้ายเดิมเกือบแทบทั้งหมดอยู่ดี - ความแตกต่างระหว่างนักเก็งกำไรกับนักเทรดนั้น คือความรู้สึกส่วนลึกในการตัดสินใจในแต่ละครั้ง ซึ่งทุกการตัดสินใจย่อมส่งผลต่อผลตอบแทนเสมอ - การอดทนรอทุกอย่างสดใส อาจจะไม่ใช่โอกาสที่ดีเท่าที่ควร แต่ให้ลองอดทนศึกษาเรียนรู้จิตวิทยามนุษย์เอาไว้ ควบคู่กับการเข้าไปในตลาดหุ้นจะช่วยได้มากกว่า - ทั้งนี้ อดีตจนถึงปัจจุบันได้สอนเราอยู่สิ่งหนึ่งว่า ทุกอย่างเป็นวัฏจักร มันมีการเกิดขึ้นตั้งอยู่ และดับไปอยู่ตลอดเวลา เราเป็นผู้ตามกระแสอย่าไปกำหนดกระแสเองอย่างเด็ดขาด

Reforestation (and afforestation) projects can take carbon out of the atmosphere. And yet, in our current system, sometimes only the largest, most well-connected projects can afford the verification process. But what if there was a way to maintain the integrity of the MRV (Measurement, Reporting, and Verification) process, while making it accessible to anyone who wants to plant trees? Jeremy Epstein is Head of Growth at Open Forest Protocol, a Web3 platform working to transparently measure, verify, and fund forestation projects. On this CDR Happy Hour bonus episode of Reversing Climate Change, Jeremy joins Ross and Siobhan to share his definition of regenerative finance and discuss the benefits of putting carbon markets on the blockchain. Jeremy explains what differentiates OFP from other ReFi projects and explores whether or not derivatives can be good for carbon removal. Listen in for insight on balancing accuracy with accessibility in carbon markets and learn how to help OFP build the future of distributed MRV. Connect with Nori Purchase Nori Carbon Removals Nori's website Nori on Twitter Join Nori's Discord to hang out with other fans of the podcast and Nori Check out our other podcast, Carbon Removal Newsroom Carbon Removal Memes on Twitter Carbon Removal Memes on Instagram Resources Open Forest Protocol Thanks a Ton John Oliver's Piece on Carbon Offsets Vera The Gold Standard OpenAir Collective The Network State: How to Start a Country by Balaji Srinivasan Reminiscences of a Stock Operator by Edwin Lefevre Jason Hochman on Reversing Climate Change S3EP20 Luke Wilson Meme Template Siobhan's TikTok on Photosynthesis --- Send in a voice message: https://anchor.fm/reversingclimatechange/message Support this podcast: https://anchor.fm/reversingclimatechange/support

Meet Malcolm Campbell, President of Midwest Mosaic, and a Toledo Ohio Based ceramic tile contractor. He has been in the tile trade for over 25 years and provides skilled ceramic tile installation to general contractors and construction managers in the greater tri-state area – Ohio Indiana and Michigan. He also provides residential tile installation to home owners, property investors, home builders and remodelers. Malcolm has an unmistakable passion for his trade, his team, and the quality he delivers to clients. You will learn the story of how Malcolm put in the work to build his foundational skills in the tile trade and the strategies and processes he's used to catapult to a 7 figure plus business in just the last few years. Tune in to hear his wisdom that is decades in the making and start growing your business to 7 figures now! Timestamps: [2:05] Introduction to Malcolm [6:00] What Keeps Malcolm in the industry [8:25] How Malcolm got started in the tile industry [9:32] Where Malcolm learned his work ethic and mindset [10:51] Malcolm's take on getting into tile at the entry level [11:11] How mentorship influence Malcolm [12:38] The importance of personal development [13:45] Where the “Take the best, leave the rest," philosophy comes from [14:37] A good decision that Malcolm made in the business [18:27] Discussing burn out [19:10] Malcolm's strategy for hiring [20:00] A bad decision that Malcolm made in the business [21:00] ‘The Fundamental Five' [24:00] ‘Tile Wisdom' [25:43] The importance of being highly qualified in the tile trade [27:39] ‘Take the 20 minutes' '[29:20] Speed round [31:26] Does Malcolm Mastermind? [33:33] If he only had one hour each day to run his business, how would he do it? Quotes: “I do have a fire. I do have a fire in my belly. They talk about entrepreneurship. I got the fire and sometimes it cuts both ways. I cut people with it and I'm always working on that to be a better me.” - Malcolm Campbell “As I started out in tile. I went to university and I got a Bachelor's of Science in Civil Engineering, which is kind of like getting a doctorate in cement.” - Malcolm Campbell “When I work with cement it's coming from that perspective of how a jazz player just takes an instrument and improvs with it.” - Malcolm Campbell “There are guys that aren't at the seven figure level yet that want to do things inside their business to grow it faster, but they have to master the little things before they can get there.” - Chaz Wolfe (Host) “You catch a lot of heat from the customers and, and I just have kept a mantra for a lot of years. This has been from when I was small and just coming up, even to now. My saying is, ‘I'll keep showing up every day until you tell me not to.'”- Malcolm Campbell Let's Connect! Malcolm Campbell: Website: http://www.midwestmosaic.us/ Personal Facebook: https://www.facebook.com/malcolm.campbell.52 Business Facebook: https://www.facebook.com/profile.php?id=100064159354830 Twitter: https://mobile.twitter.com/mudduckk Instagram: https://www.instagram.com/midwest_mosaic_inc/ Book Recommendations: “Reminiscences of a Stock Operator & Methods of Trading in Stocks,” by Jesse Livermore: https://www.amazon.com/Jesse-Livermores-Books-Market-Wisdom/dp/1946774561 If you liked this episode, please SUBSCRIBE to the podcast and drop us a FIVE-STAR REVIEW. We appreciate you, and your support enables us to keep bringing you the goods on the show!

Episode 206: James Krieger @StockWonk joins the podcast to discuss his journey in trading and how he was able to reach over $1.8 million in verified profits on Kinfo. James talks about trading in the recent pandemic mania where he recognized an edge in a gap up short strategy from his statistical research. James expands on how mindset and conceptual understanding plays a role into the development of trading success and how one can go about it as they begin on their trading journey. Social MediaJames KriegerTwitter: stockwonkInstagram: stockwonkwww.stockwonk.comJames's book recommendations1. Dr. Van K. Tharp2. An American Hedge Fund3. Reminisces of a Stock Operator

Infinite Loops Podcast Notes Key Takeaways “We are deterministic thinkers living in a probabilistic world, hilarity or tragedy often ensue”– Jim O'ShaughnessyMany of 10-K Diver'sTwitter threads point out the faults in deterministic thinking by analyzing mathematics and using first principles thinking to study financial conceptsWe often ask the wrong questions – this thread is a great exampleStudying history can save you from FOMO investingIn the 1900s, there were 200 car manufacturers. Obviously, only a few survived. Knowing this context can help you slow down your decision-making before rushing into the next hyped tech stock.Always work through the numbers before ever opening your mouthIf you think you know something, write it out. You'll more often than not realize that you're not prepared to speak about it yet.Intuitions can lead you astray from the truth and even your actual opinion on something10-K Diver thinks Warren Buffett's and Charlie Munger's buy-and-hold philosophies get overgeneralized, leading to misconceptions about their actual investment strategiesRead the full notes @ podcastnotes.orgAs Chamath Palihapitiya put it back in April 2021, 10-K Diver is “one of the best fintwit accounts on Twitter.” 10-K Diver loves breaking down complex financial topics and helping people understand them via engaging Twitter threads. You can follow 10-K Diver on Twitter at https://twitter.com/10kdiver and read all his threads at https://10kdiver.com/twitter-threads/ Show Notes: Curating aggressively Is there a long term plan? Reasoning from the first principles Volatility tax Do markets have a memory? Financial Independence, Retire Early (FIRE) Mental models for investing Premeditating Jim's GIF game Is it a Lindy or a turkey? The ‘Money Concepts' show Benefits and pitfalls of leverage What's next for the 10-K diver? Books Mentioned: Reminiscences of a Stock Operator; by Edwin Lefèvre Happy; by Derren Brown

As Chamath Palihapitiya put it back in April 2021, 10-K Diver is “one of the best fintwit accounts on Twitter.” 10-K Diver loves breaking down complex financial topics and helping people understand them via engaging Twitter threads. You can follow 10-K Diver on Twitter at https://twitter.com/10kdiver and read all his threads at https://10kdiver.com/twitter-threads/ Show Notes: Curating aggressively Is there a long term plan? Reasoning from the first principles Volatility tax Do markets have a memory? Financial Independence, Retire Early (FIRE) Mental models for investing Premeditating Jim's GIF game Is it a Lindy or a turkey? The ‘Money Concepts' show Benefits and pitfalls of leverage What's next for the 10-K diver? Books Mentioned: Reminiscences of a Stock Operator; by Edwin Lefèvre Happy; by Derren Brown

It's moving day! In our last podcast from our old IBD offices, we share some stories of our time there and working with legendary investor, William O'Neil. We also look at struggling market indexes and where the pockets of strength are bucking the trend. Travel plays get attention after Delta Airlines (DAL) earnings and we look at Hilton (HLT) and Marriott (MAR) in lodging. Energy still on fire and we look at Arch Resources (ARCH) and Oneoke (OKE). For the video version, visit investors.com/podcast.

As the world of crypto continues to evolve and grow, there is a vast array of associated new possibilities that are available to investors on a regular basis. On the show today, we welcome Josip Rupena, the CEO and Founder of Milo, a company that is bringing together the worlds of digital assets and real estate. Milo is here to give all of our listeners a few reasons why you should consider this avenue for yourself! We speak about the company's focus, what exactly they are trying to provide for their customers, how their application process works, and who is best suited to work with Milo. We also get some great book and tool recommendations from Josip and hear about his own real estate investment aspirations, so join us today to hear it all! TIME-STAMPED SHOW NOTES: [00:10] Before we jump into today's interview, please rate, review, and subscribe to the Leveling Up Podcast! [00:51] Josip's professional background and foundation in financial services. [01:40] Our guest explains the interest rates associated with crypto mortgages.  [03:57] How to view digital investments and holding appreciating assets. [04:50] The periods associated with Milo's processes. [05:19] Who gets approved? Josip explains what it takes to get through the application process. [05:58] The transferral of cryptocurrency to a custodian.  [06:28] How the funding at Milo has worked so far. [06:57] The most common amounts for the loans that Milo deals with currently. [09:05] Suitable customers for Milo; Josip explains their vetting process. [10:08] Important elements that Josip and his team look at in applications.  [11:25] How the Milo team is spread out geographically. [11:44] Two business book recommendations from Josip. [12:11] Josip's personal approach to real estate investing at the moment. [13:04] Why Josip loves the white-boarding tool from Miro for collaborating and workflow.  [13:19] How to find Josip and Milo online and learn more!   Resources From The Interview:   Josip Rupena on Twitter Milo  Morgan Stanley Goldman Sachs  Miro    Must-read books: Reminiscences of a Stock Operator and Liar's Poker     Leave Some Feedback:     What should I talk about next? Who should I interview? Please let me know on Twitter or in the comments below. Did you enjoy this episode? If so, please leave a short review here Subscribe to Leveling Up on iTunes Get the non-iTunes RSS Feed     Connect with Eric Siu:      Growth Everywhere Single Grain Leveling Up Eric Siu on Twitter   Eric Siu on Instagram

Episode 131: Miah Lee joins the podcast to talk about his journey from being a car salesman to becoming a seven figure trader. Miah opens up about his favorite setups and how he is constantly adapting to changing market environments. Social MediaMiah LeeTwitter: realmiahleeInstagram: miahlee8Miah's book recommendations:1. Reminiscences of a Stock Operator 2. As a man Thinketh

Jesse Livermore's story is fascinating, and the book Reminiscences of a Stock Operator is one of the most memorable books I've ever read. In this episode I break down 21 of Jesse's trading rules, what they mean to us today as modern traders, and share my thoughts on his suicide and what we can learn from this great but troubled trader's life and career. Zen & The Art of Trading: Courses, Socials & Free Content! Episode Links & Resources: Original Blog Article Reminiscences of a Stock Operator Mark J. Perry's Fortune 500 Study Turney Duff's Book 'The Buy Side' More Info About Jesse Livermore: Reminiscences of a Stock Operator Jesse's Book: How to Trade in Stocks Jesse's Wikipedia Page Jesse's Trade Records

In this episode I share my thoughts on trading frequency - should you try to take more trades to make more money, or should you employ a quality over quantity mindset? Zen & The Art of Trading: Courses, Socials & Free Content! Episode Links & Resources: Original Blog Article Rich Trader by Steve Burns Reminiscences of a Stock Operator

In this episode, I read a chapter out of a book called Reminiscences of a Stock Operator. Jesse Livermore who is considered to be one of the greatest stock traders of all time, some say the best, brings inspiration to the first-person point of view look at Larry Livingston's life as a stock operator. Why go through the same mistakes from your own actions in the market when you can get the principles built from mistakes from an entire lifetime of actions. From market legends of course. COME CONNECT WITH THE BITRAIDERS!

In this installment of our Recall this Buck series (check out our earlier conversations with Thomas Piketty, Peter Brown and Christine Desan), John and Elizabeth talk with Daniel Souleles, anthropologist at the Copenhagen Business School and author of Songs of Profit, Songs of Loss: Private Equity, Wealth, and Inequality (Lincoln : University of Nebraska Press 2019). Dan's work explores the world of private equity "guys" (who are indeed mostly guys) and the ways they are "suspended in webs of significance [they themselves have] spun" as Clifford Geertz puts it. Further, he explores the ways we are all suspended in these webs through the immense buying and managing power of private equity firms. Private equity investors buy out publicly traded companies, often through enormous debt (which is why these deals used to be called "leveraged buyouts" or LBOs), manage the companies and then sell them. They argue they are creating value by cutting fat in management; typically workers bear the brunt of the debt while executives--and the private equity firm and lawyers and others servicing the deal--receive hefty payments. Dan pulls off a tough feat in his book, helping us see the concerns and motivations of people he's working with as understandable and the people themselves as reasonable and even likeable, while also maintaining his own view of private equity as, generally speaking, a noxious force in society. We end with a discussion of the Occupy movement and how it helped to change public conversations about inequality and the power of finance (another angle on the themes we tackled in our earlier "Brahmin Left" conversations). Mentioned in this episode: Bryan Burrough and John Helyar, Barbarians at the Gates: The Fall of NJR Nabisco Karen Ho Liquidated; ethnography of Wall Street, and of "smartness" Edwin Lefèvre, Reminiscences of a Stock Operator, (John misremembered the title as Confessions of a Stockjobber) Bret Easton Ellis, American Psycho (1991) The transcript for this episode is here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this installment of our Recall this Buck series (check out our earlier conversations with Thomas Piketty, Peter Brown and Christine Desan), John and Elizabeth talk with Daniel Souleles, anthropologist at the Copenhagen Business School and author of Songs of Profit, Songs of Loss: Private Equity, Wealth, and Inequality (Lincoln : University of Nebraska Press 2019). Dan's work explores the world of private equity "guys" (who are indeed mostly guys) and the ways they are "suspended in webs of significance [they themselves have] spun" as Clifford Geertz puts it. Further, he explores the ways we are all suspended in these webs through the immense buying and managing power of private equity firms. Private equity investors buy out publicly traded companies, often through enormous debt (which is why these deals used to be called "leveraged buyouts" or LBOs), manage the companies and then sell them. They argue they are creating value by cutting fat in management; typically workers bear the brunt of the debt while executives--and the private equity firm and lawyers and others servicing the deal--receive hefty payments. Dan pulls off a tough feat in his book, helping us see the concerns and motivations of people he's working with as understandable and the people themselves as reasonable and even likeable, while also maintaining his own view of private equity as, generally speaking, a noxious force in society. We end with a discussion of the Occupy movement and how it helped to change public conversations about inequality and the power of finance (another angle on the themes we tackled in our earlier "Brahmin Left" conversations). Mentioned in this episode: Bryan Burrough and John Helyar, Barbarians at the Gates: The Fall of NJR Nabisco Karen Ho Liquidated; ethnography of Wall Street, and of "smartness" Edwin Lefèvre, Reminiscences of a Stock Operator, (John misremembered the title as Confessions of a Stockjobber) Bret Easton Ellis, American Psycho (1991) The transcript for this episode is here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this installment of our Recall this Buck series (check out our earlier conversations with Thomas Piketty, Peter Brown and Christine Desan), John and Elizabeth talk with Daniel Souleles, anthropologist at the Copenhagen Business School and author of Songs of Profit, Songs of Loss: Private Equity, Wealth, and Inequality (Lincoln : University of Nebraska Press 2019). Dan's work explores the world of private equity "guys" (who are indeed mostly guys) and the ways they are "suspended in webs of significance [they themselves have] spun" as Clifford Geertz puts it. Further, he explores the ways we are all suspended in these webs through the immense buying and managing power of private equity firms. Private equity investors buy out publicly traded companies, often through enormous debt (which is why these deals used to be called "leveraged buyouts" or LBOs), manage the companies and then sell them. They argue they are creating value by cutting fat in management; typically workers bear the brunt of the debt while executives--and the private equity firm and lawyers and others servicing the deal--receive hefty payments. Dan pulls off a tough feat in his book, helping us see the concerns and motivations of people he's working with as understandable and the people themselves as reasonable and even likeable, while also maintaining his own view of private equity as, generally speaking, a noxious force in society. We end with a discussion of the Occupy movement and how it helped to change public conversations about inequality and the power of finance (another angle on the themes we tackled in our earlier "Brahmin Left" conversations). Mentioned in this episode: Bryan Burrough and John Helyar, Barbarians at the Gates: The Fall of NJR Nabisco Karen Ho Liquidated; ethnography of Wall Street, and of "smartness" Edwin Lefèvre, Reminiscences of a Stock Operator, (John misremembered the title as Confessions of a Stockjobber) Bret Easton Ellis, American Psycho (1991) The transcript for this episode is here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 67: Saita, head researcher at Utopia Capital Research goes over his journey on how he got started in the community of short sellers at Utopia Capital Research. Saita goes over his research process and details the main things he looks for when digging into filings. Saita also describes his experiences with seeing certain red flags in the filings and how he uses repetition to help his conviction when going into a trade. Social media:Utopia Capital ResearchTwitter: utopiacap Website: www.UtopiaCap.comSaita's book recommendations:1. Reminiscences of a Stock Operator 2. Financial Shenanigans

Welcome to the Energy Scale Ups podcast — brought to you on the Oil and Gas Global Network by Halliburton Labs. In this episode Jose talks with Michael Beer, CFO at Freewire Technologies and 20-year financial services veteran.   LinkedIn: Michael Beer   company website: Freewire Technologies   Book recommendation: The Reminiscences of a Stock Operator by Edwin Lefevre  Register to win our Weekly Giveaway: www.halliburtonlabs.com/giveaway More Oil and Gas Global Network Podcasts OGGN.com – https://oggn.com/podcasts OGGN Street Team LinkedIn Group – https://www.linkedin.com/groups/12458373/ OGGN on Social LinkedIn Group | LinkedIn Company Page | Facebook OGGN Events Get notified each month Connect with Jose Soliz LinkedIn

Check out Leadership Blueprints https://www.traderlion.com/leadership-blueprints/ Welcome back to the Market Chat! This week Ryan Pierpont discusses his background and process that allowed him to become a professional trader and to win 3rd place in the US Investing Championship with a gain of +448% in 2020. We talk about discipline, psychology, routines, setups, and position management. We also go through many different charts as Ryan discusses how he analyzes price action using channels, flags, and trendlines. Video version: https://youtu.be/QewylTtTZ3I Trading Books Ryan mentioned: How to Make Money in Stocks, William O'Neil https://amzn.to/33cpYqX How to Trade in Stocks, Jesse Livermore https://amzn.to/3eicKQ7 Reminiscences of a Stock Operator, Edwin Lefevre https://amzn.to/3h65PuX Trading in the Zone, Mark Douglas https://amzn.to/2QTis1Q How I Made $2,000,000 in the Stock Market, Nicolas Darvas https://amzn.to/2Rmu39u The Battle for Investment Survival, Gerald Loeb https://amzn.to/2Ss1doP Stay in touch ► https://twitter.com/RichardMoglen ► richardlmoglen@gmail.com If you would like to support my channel ► https://www.buymeacoffee.com/RichardMoglen ► TC2000 Discount Link: https://www.tc2000.com/pricing/richardmoglen ► MarketSmith: https://marketsmith.investors.com/ms-platform/?src=A00587A&refcode=RM_Links Intro Music From Reid Williams https://www.instagram.com/redreid_/ and Outro Music from Michael Baker https://soundcloud.com/absentinlife

In our continued conversation with Roy Niederhoffer, we discuss risk management, drawdowns, why negative correlation is so important to Roy, and what gets him out of bed every morning (and what keeps him awake at night). Learn more about how to create a balanced and diversified portfolio or what it takes to be a manager.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You'll Learn:What has changed by the fact that more and more trading decisions are made by computers instead of humans.The issue of model decay in Roy's field.Why he has constructed his trading program the way that he has.His ten-step process from idea generation to putting it into the system. The research process laid out.How his firm does research.How position sizing plays a role in the short term space.How he keeps model slippage to a minimum.Risk management and how Roy deals with it.When to use discretion to reduce risk.What he learns from going through a drawdown.How he keeps investors in the firm during a tough time.How he personally deals with drawdowns.How he measures the effectiveness of his research.If his risk tolerance went down once he had more money under management.What the biggest challenge is for Roy in the short term management space.What investors are not asking him during due diligence.What makes him go into work everyday.Books that Roy recommends reading for managers and investors.How the office environment affects how investors perceive a firm.About downside protection and negative correlation.-----ATTENTION TTU TRIBE : SIGN-UP for Rick Rule's Symposium: Once in a life-time natural resource insights from the BEST investors in the world via a first-class livestream or Live event!Resources & Links Mentioned in this Episode:Roy mentions the Extraordinary Popular Delusions and the Madness of Crowds.He recommends Reminiscences of a Stock Operator.Roy highly recommends Thinking, Fast and Slow.Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “The Many Flavors of Trend Following”