Stock investment resources

Now surely you read that Cuffelinks one?

The title would’ve just been too good to ignore

 

Thanks for the recommendation.

I purchased the audible book and listened to it this week. I thoroughly enjoyed it making notes as I listened at work. I also bought his 'Little book on common sense investing' which I'll listen to over the weekend.

I'm off to see Peter Thornhill next month and although I felt I knew the general basics of index funds etc, I'm trying to really enhance my knowledge base before I go, in preparation of PT (assumed) negative comments towards them.

 

Need to start an Anti resources thread although I fear would get very long very quickly...

I would put this one near the top.. 40 minutes of my life I'll never get back having said that 100% my fault for listening..

Padley: The problem with "buy and hold"

 

I can’t stand the guy to be honest. Just another fundie trying to book build. Padley’s responce to comments / questions:

 

I agree 100%...Buffet & Bogle "we have never met anyone that can time the market consistently"

Warren, Jack meet Marcus!!!

 

Padley is a grade A pillock. I wonder if he even believes this stuff, or it’s just something he has to do to pay the school fees?

 

That what make the market, different views, strategy and time frame
find one that works for you and stick with it because there will be endless articles and people on different topics and view

and the bright side of it is, we need people to churn, time the market, cut loss, stop loss, margin call it creates liquidity and opportunities.

See what other people do and how you can take advantage of it and make money is how I look at the market

 

I was going to post this, hit delete before I thought that some might be interested and it was lost. Wasn't considering putting in the learning resources...

 

2018 annual Berkshire Hathaway(BRKB) shareholder letter:

Investing wisdom from the latest Buffett letter

http://www.berkshirehathaway.com/letters/2018ltr.pdf

Other:

Warren Buffett says he can't beat the S&P 500 - CNN

 

wasn't 100% sure where to post this but apparently dividends are cool...ha-ha

7 reasons dividends are cool

 

Really enjoyed this interview one of his better ones

Luck, Risk and Avoiding Losers: Oaktree Capital Co-founder Howard Marks [The Knowledge Project Ep. #53]

And maybe this one for @Fargo ...

Australian Investors Podcast With Lakehouse Capital's Joe Magyer | Rask Finance & Rask Invest

 

Yes they are very cool when they come from growing revenue, but not when they come from running companies down, as the author Shane Olilver has done with AMP, he has no credibility. AMP was one of my worst companies bought for $5 dollars about 30 years aqo I think it is worth about $2.50 now ! Even the graph he shows are **** poor returns, taking 40 years to get $10 from $1 invested. In 1975 at 15, I bought 5 pivot shares became ( IPL) for 50c, $2.50, 18 months ago I sold they had grown to 1,333 shares @ 3,80, $ 5k. $1 became $2000 plus for the last decade I was getting about $250 p/a in dividends or 100 x100%., 10,000% yeild /pa. THATS COOL !

 

Also bought about 8000 ABB Grain shares for 5c in the late 80's and about 2000 for 25c. about $500 worth. It was taken over by Canadian giant Viterra I think it was @ 17.00. 15 years later. Got similar results with Vic Grain which became GrainCorp, bought for 500 @ 5c 100 @ 25c, sold 30% for $17, the rest for $12, when greedy directors it stopped reinvesting in the company and got big bonuses for short term yields, but became inefficient and uncompetitive, ended up and selling some sites to competitors who invested, and made twice the profits of GrainCorp.

 

Not specifically a share investment resource and US focused but some may find this fun - or depressing depending on the result but try not to let it get you down as there is always tomorrow (hopefully.)

Financial Calculators

 

I really enjoyed this interview with Bill Bernstein he covers a lot of different things..


Bloomberg - Are you a robot?

 

Same. Such a legend.

 

Long thread but one to read. Ta

 

I am sharing this just for the quote in the comments section alone!

https://www.livewiremarkets.com/wires/the-7-traits-of-a-true-income-investor



CHRIS PHILLIPS APR 24, 2019

First sensible article I've read that you've written son.

 

Automatically skipped Marcus as he is normally a self serving dribbler but was actually decent.

I do know @Nodrog is a big fan of his active trading strategies.

 

WHAT!!! Trading, wash your mouth out with soap.

Read the article this morning. Nothing new to those of us living off income. But I do agree that it was different from his usual views.