As you can see, I’ve spent some time upgrading the site in the last couple of days. I hope you’ll find the new Most Popular Posts and Tagging features helpful.
Since we’ve reached the end of the year (I’ll add a belated Happy Christmas to everyone) I’ve looked over this year’s posts and picked out the five I liked best. These range from the comic (well, I tried my best…!) to trading methods to biographical. In no particular order, I’ve picked:
You know you’re under Jesse Livermore’s spell when…
You know you’re under Jesse Livermore’s spell when you tell anyone who’ll listen that “there is nothing new in Wall Street”. You start talking about the size of the line you’re swinging. You often begin sentences with the words “There I was…” […]
Investing Books - A Lesson from History
In 1998 the investor announces that, having read Mr. Fisher’s book, he has decided to invest all of his money!!! in Coca-Cola. Here’s Coca-Cola’s stock price chart since 1997 (with all of the reviewer’s money invested in it!).
Accurate Stock Picks vs Precise Stock Picks
For example, the oil sands that I mentioned in Alberta were marginal or unprofitable at $20 - $30 oil. A big increase in oil prices would almost certainly give a bigger boost to oil-sand company’s profits than to Exxon’s. […]
Pyramiding, Locking in Profits, or enjoying the Ride
If you’ve never done much trading, the problem of how to deal with trades that move nicely in the right direction won’t seem like a problem – but it is. When a trade moves in the right direction you need to make as much money out of it as you can; remember that quote from George Soros I mentioned earlier this month, “It doesn’t matter how often you are right or wrong - it only matters how much you make when you are right versus how much you lose when you are wrong.”[…]
Jesse Livermore in 1907
February 1907 - exactly one century ago - was an exciting year for Jesse Livermore. In 1906, he had hit the big time - profiting by over a quarter million dollars - by shorting the market just before the San Francisco earthquake. It was at about this time that Livermore consciously began changing his trading style. He decided that the key to success lay in […]
I also loved the two guest posts in November from
Chuck Gray - Pretty Girls - You are Bad Trades
and David Wallace - Mathematicians and Physicists Emerge From Geekiness To Dominate Hedge Fund Trading
By the way, high quality guest posts that would be of interest to Jesse Livermore readers are still very welcome - you’ll get full credit for the post – attribution to your name (or pen name) and, if you have your own stock related blog or site, you can add a link to it.
Click on Contact near the bottom of the navigation links on the left-hand side if you want to send in a post.
And that’s it for 2007.
All I have to do now is to wish each and every one of you a stimulating, successful and – above all – a HAPPY 2008!
Have you got something to say about Jesse Livermore / stock investing?