Wisdom From Jason Zweig
Found via Market Folly.
Members often tell me about the books they find most helpful. As you know, there’s a lot out there to read if you so desire about just about every topic you can think about regarding investing, trading and the markets.
Recently a member expressed appreciation for my prior recommendation of Jason Zweig’s Your Money & Your Brain. I recommended the book after he told me about several situations over the past few years where he seemed to mentally work against himself and his performance in the markets.
With my member’s expressed permission, here are some of key points of Zweig’s book many of which are true gems for both traders and investors alike:
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Related book: Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich
- Links
Frank Martin's 2014 Annual Letter (LINK) Howard Marks on Luck and Skill in Investing (LINK) A lot of people could have saved a lot of money listening to Jason Zweig in May 1999 (LINK) 13 Investors Share Their Biggest Mistakes and What They Did To...
- Charlie Munger On The Balance Between Competency And Gumption...
A quote from Jason Zweig's article, "A Fireside Chat With Charlie Munger," worth a post of its own: You have to strike the right balance between competency or knowledge on the one hand and gumption on the other. Too much competency and no gumption...
- Cfa Conference Webcasts - Mauboussin And Zweig
The Prime Directive, Sharks, and the Wisdom and Whims of the Collective -In this webcast, Michael J. Mauboussin discusses the following: - -The metrics of market efficiency: mean–variance efficiency and arbitrage opportunities. -Necessary conditions...
- Is Your Brain Costing You Money?
In late September, Motley Fool Hidden Gems and Global Gains advisor Bill Mann sat down with renowned financial journalist Jason Zweig. Zweig's new financial book, Your Money and Your Brain, tackles the fascinating topic of neurofinance, the ways that...
- Why We Write - Anecdote From Davis Dynasty Book
There is a great anecdote in The Davis Dynasty that I think resonates well with anyone who writes. As I mentioned in my full review of The Davis Dynasty book, this is a different kind of investing book. There are tons of business books about how one person...