The book, Reminiscences of a Stock Operator by Edwin Lefèvre immortalised Jesse Livermore’s exploits. I have never read it so I can’t be sure the following quote is even from that book. But wherever it comes from, it might be the most wise advice you’ll ever read about how to handle a bull market.
January 26th, 2012 | Greg Canavan | 3 comments | ContinuedAll Posts Tagged With: "wall street"
Trading Inside With the Feds
Since the beginning of time, the insiders have always had an advantage. That’s why people want to be insiders; they know that’s where the money is.
In actual fact there’s a very special form of ‘inside trading’ going on where the feds and the insiders work together.
November 17th, 2011 | Bill Bonner | 0 comments | Continued
Long-term Unemployment a Structural Shift in Nature of American Economy
…did you notice that nearly 45% of America’s 15 million unemployed have been out of a job for over six months?
April 8th, 2010 | Dan Denning | 0 comments | Continued
Trade of the Decade: Sell Stocks and Buy Gold
So about 10 years ago, when I first started working with Bill, he came up with this idea for a Trade of the Decade. It was really just a literary device. But it ended up being a brilliant investment call.
March 30th, 2010 | Eric J. Fry | 1 comment | Continued
China Continuing to Buy US Bonds “Every Day”
China has quietly bought stakes in America’s leading companies…and in various businesses all over the world. But the only way large amounts of US dollar cash can be readily and safely deployed is in US bonds.
March 12th, 2010 | Bill Bonner | 1 comment | Continued
Titanium Metals (NYSE:TIE): Investing in Aviation Growth
I’ve focused mostly on civil aviation. But there is also defense spending. In the Middle East, defense spending will probably rise to more than $100 billion by 2014, from only $36 billion now…
March 5th, 2010 | Chris Mayer | 5 comments | Continued
Don’t Bet on a Recovery
I would challenge those who fantasize about a consumer-led recovery to describe where the spending money will come from.
March 3rd, 2010 | Peter Schiff | 20 comments | Continued
Depression: Where Mistakes are Recognized and Corrected
You see, dear reader, we do not believe in the perfectibility of man and his institutions. Instead, we see material progress. Man’s machines and inventions get better. But man himself?
March 3rd, 2010 | Bill Bonner | 6 comments | Continued
Occurences Within Economy Consistent With a Depression
“How can you keep talking about a depression,” asks a Dear Reader, “when the economy is clearly recovering just as it should be.”
February 24th, 2010 | Bill Bonner | 10 comments | Continued
What is Short Selling?
I know short selling sounds complicated, but it isn’t. In fact, there isn’t a lot of difference between short selling and buying shares. If there is one big difference it’s this: when you sell a stock short you are SELLING the stock first and BUYING it second. This is the opposite of a normal share transaction where you are BUYING the stock first and SELLING it second.
January 26th, 2010 | Murray Dawes | 19 comments | Continued
Typical Japanese Investor Would End Up With Less Than What He Started With
Let’s talk about Japan. You remember, Japan? It’s the country with the 20-year on-again, off-again depression. You could have bought stocks in Tokyo 20 years ago…held onto them…and guess what you’d have today?
January 20th, 2010 | Bill Bonner | 0 comments | Continued
Fed Made More Money than Goldman Sachs
How did it make so much money? The papers report that it cleverly bought up debt that no one wanted…Wall Street’s mistakes.
January 14th, 2010 | Bill Bonner | 0 comments | Continued
The Smart Money Began Buying Gold
John Paulsen made a fortune in the ’07-’08 period by correctly understanding the bubble in the financial sector and betting against it.
December 22nd, 2009 | Bill Bonner | 1 comment | Continued
No Way Today’s Economy is Going Back to What it Was Pre-2007
The bubble of the pre-2007 period was pumped up by consumer spending financed by housing debt. Ain’t no way that can happen any time again soon.
December 9th, 2009 | Bill Bonner | 4 comments | Continued
Federal Housing Administration Encourages More Bad Mortgage Loans
You’d think the feds might have learned their lesson. Their low rates…and subsidized mortgage loans…led to the biggest bubble in housing in US history.
November 26th, 2009 | Bill Bonner | 0 comments | Continued
