An interview of Brendan Moynihan about the book: What I learned Losing A Million Dollars
What I liked about this book.
The author bares his soul to show you his flawed thinking. Also, there are many ways to make money but a few ways to lose it. The single, best way to improve your investing/trading is having a WRITTEN PLAN that you update during and after the investment. The other trick is NOT to PERSONALIZE success or failure. Now doing/knowing/living/practicing these precepts is a whole different realm than saying them.
Deprival Super-Reaction Syndrome And Investing. Part four of a short series on Charlie Munger’s Human Misjudgment Revisited. Charlie Munger On Avoiding Anchoring Bias Charlie Munger On The Power Of Prices The Munger Series - Learning . . . SORRY! This content is exclusively for paying members. SIGN UP HERE If you are subscribed and having an Read More
Read the reviews:
I disagree with the negative reviews. In my experience, I know risks rises (for me) after a string of successes. There is danger in quick, massive success as much as deep failure.
HAVE A GREAT WEEKEND!