Ten years ago, I was a high school sophomore interested in the stock market so I wrote letters to the twenty or so best investors asking for advice
The only one to reply was @BillAckman, who sent this note and list of books to read
Looking back, it made a major impact on my life and is something I'm incredibly grateful for
Thank you Bill, for both the encouragement and the great book list:
Seth Klarman, Margin of Safety
Benjamin Graham, Intelligent Investor
Benjamin Graham, Security Analysis
Peter Lynch, One Up on Wall Street
Peter Lynch, Beating the Street
Joel Greenblatt, You Can Be a Stock Market Genius
Thornton O'Glove, Quality of Earnings
Lawrence A. Cunningham, The Essays of Warren Buffett
Robert G. Hagstrom Jr., The Warren Buffett Way
Christine Richard, Confidence Game
Over the past 4 years, I've read almost 100 trading books.
99% were useless in progressing my trading journey.
Especially for trying to become a systematic trader.
Save yourself the time and just read these 5 👇
The USDCAD move was interesting today.
Now before you send me the 'it's just oil bro!' response, if you tried to trade the CAD as an oil proxy for the better part of this year you lost money, so it's not that simple...
@donnelly_brent Thanks for sharing! Any chance you'd be willing to share how to pull the five-year rate differential on Trading View? I may be a newbie, but I'm a curious newbie attempting to learn.
The market is treating this BOJ as another green light to sell JPY but I don't think it will work this time (it worked last two BOJ meetings). Global yields are not rising now the way they were before and after the June and September BOJ meetings. Here's CADJPY vs. 5-year rate diff