How “Cultural Marxism” Has Contributed to the Decline of America
August 3, 2010 by Editor · Leave a Comment
A perceptive explanation as to why our nation is committing insidious [i.e. spreading in a hidden and usually injurious way] suicide under the guise of erecting the false ideal of social egalitarianism and how Americans, in the process, are being dumbed down to a vulgarian’s existence. Words: 2339
“The Crowd: A Study of the Popular Mind” – Understanding Why You Should Be a Market Agnostic
June 3, 2010 by Editor · Leave a Comment
At its lowest level of over-simplification, Le Bon’s thesis is that the behavior of crowds is based on sentiment and emotion rather than intellect and research. That may seem rather obvious today since other social scientists have been agreeing with and building upon his work for over a century – but how many of us invest accordingly? Words: 837
|
|
“Extraordinary Popular Delusions and the Madness of Crowds”: A Review of the Best Book Ever Written On Market Psychology
May 24, 2010 by Editor · Leave a Comment
This book is more than a book on intelligent investing – it is really a classic in critical thinking. Anyone can learn how to read a chart or throw bones into a circle, but this book will teach you about human psychology. That is how you beat the market, since it is always a marketplace of humans motivated by fear, greed, hope, arrogance and all the other human emotions, good and ill. Words: 1086
|
|
“Applied Value Investing” – A Book by Joseph Calandro
April 11, 2010 by Editor · Leave a Comment
Being afflicted with an Austrian outlook can turn many a would-be investor into a permabear. Indeed, if I were truly a hardcore advocate of Austrian investing, my only assets would be a shotgun and a bag of gold because, up until now, I have never come across any writing that attempted to weld Austrian thought onto an investment framework. Words: 953
|
|
“Complicit: How Greed and Collusion Made the Credit Crisis Unstoppable” – A Book by Mark Gilbert
April 11, 2010 by Editor · Leave a Comment
“Complicit” is a rousing, fun look back at the credit crisis filtered through the mind of someone who labored in the center of it. Ending the story much the same way the boom ended for so many a greedy, blinkered little pig — by giving you the middle finger abruptly and without a hint of premonition — only highlights the talent that makes “Complicit” such an enjoyable read. It is a tour of almost-impossible-to-believe tales of greed, stupidity, and woe across eleven short, engaging chapters. Words: 1446
|
|
The U.S. Trade Imbalance – A ‘Deficit Without Tears’?
April 11, 2010 by Editor · Leave a Comment
There is a definite connection between fiat currencies and trade deficits. Critics of the Federal Reserve are right to blame it for distorting trade flows and setting the U.S. economy up for an inflationary crash. However, a trade deficit per se is not a sign of a bad economy. Indeed the trade deficit might blossom if the U.S. ever returned to the gold standard, though it would be due to a productive net inflow of producer goods. Words: 1667
|
|
“The Pinch: How Baby-Boomers Took Their Children’s Future and Why They Should Give it Back” – A Book by David Willetts
April 9, 2010 by Editor · Leave a Comment
Oh the shame of being a baby boomer. What a bunch of shysters we seem to be. We are the most selfish, greedy, job- hogging, pension-grabbing bunch of egomaniacs history has ever seen. Here we are, cackling to ourselves in our overpriced homes and exploiting our political power to shaft the younger generation. We use our demographic throw-weight to skew the welfare system in our favour and above all we are squandering the natural resources of the planet. You know that Goya picture of the giant eating a naked human being? That’s us, all right – Saturn devouring his children. Or at least, that is the portrait presented by David Willetts in his new book, “The Pinch-How Baby-Boomers Took Their Children’s Future and Why They Should Give it Back”. Words: 759
|
|
“The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It” – A Book by Scott Patterson
March 12, 2010 by Editor · Leave a Comment
With the immediacy of today’s NASDAQ close and the timeless power of a Greek tragedy, The Quants is at once a masterpiece of explanatory journalism, a gripping tale of ambition and hubris…and an ominous warning about Wall Street’s future. Words: 624
|
|
“Put More Cash in Your Wallet: Turn What You Know into Dough” – A Book by Loral Langemeier
March 11, 2010 by Editor · Leave a Comment
You too can live comfortably and buy the things you want without worrying about how to stretch your income even further — you can even pay off your old bills in the process! Get out there and start making money! Words: 911
|
|
“The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History” – By Harry S. Dent Jr.
March 7, 2010 by Editor · Leave a Comment
The most important cycle change for your wealth, health, life, family, business, and investments is just ahead during the first and last depression you are likely to experience in your lifetime. Words: 418
|
|











