Investing Psychology by Tim Richards: Why Your Brain Is Bad With Money
I just finished reading “Investing Psychology: The Effects of Behavioral Finance on Investment Choice and Bias” by Tim Richards. And I need to talk about it.
I just finished reading “Investing Psychology: The Effects of Behavioral Finance on Investment Choice and Bias” by Tim Richards. And I need to talk about it.
Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5
Mention savings and loans in the early 1990s and people grabbed their wallets. The $500 billion bailout. 675 bankrupt institutions. 10,000 fraud cases pending with the FBI. The word “thrift” used to remind people of Jimmy Stewart in It’s a Wonderful Life. Now it reminded them of Charles Keating in handcuffs.
Book: Real Estate by the Numbers: A Complete Reference Guide to Deal Analysis Authors: J Scott and Dave Meyer ISBN: 9781947200210 (paperback) / 9781947200241 (ebook) Publisher: BiggerPockets Publishing, 2022
So I picked up this book called Real Estate Investment Trust Investing: The Secret to Passive Income from REITs by Mike Hartley (published 2023), and honestly? It changed how I think about building wealth through real estate.
You know George Bailey, right? Jimmy Stewart in It’s a Wonderful Life. The small-town banker who gives away his honeymoon money to save his neighbors from financial ruin. The guy who runs a building and loan association and is basically the most decent person alive.
Book: Systematic Fixed Income: An Investor’s Guide Author: Scott A. Richardson, Ph.D. ISBN: 9781119900139 Publisher: John Wiley & Sons, 2022
You know that feeling when you try really hard to fix something and it just… stays broken? Or gets worse?
In the second half of Chapter 10, Larry Harris explores the economics of being “smart.” If you’re an informed trader, your life is a constant battle against competition and the paradox of your own success.
This is post 15 of 23 in a series on Systems Thinking: Managing Chaos and Complexity by Jamshid Gharajedaghi (ISBN: 978-0-7506-7973-2).
So I just finished reading “Trading and Exchanges: Market Microstructure for Practitioners” by Larry Harris. And I have thoughts.
This is one of those books that’s been sitting on finance reading lists for years. Published in 2003 by Oxford University Press (ISBN: 0-19-514470-8), it’s basically the textbook on how markets actually work. Not the “buy low sell high” stuff you see on social media. The real mechanics. How orders flow, why spreads exist, what dealers actually do, and why some traders consistently lose money to others.