Weekend's Reading

Here's a selection of some interesting reading for the weekend:

My Thoughts on Artificial Intelligence (AI) (Ray Dalio)
What Work Is (Ray Dalio)
Investing and Baseball: A Great Analogy (Warren Buffett)
Nassim Taleb: Skin In The Game 
In The Short Run Gold & Silver Are Going Way Up

One More Rally Before The Big Bear Market

Jim Rogers giving more than investment advice at the 100 Women in Finance lunch today in Singapore.

Hot tip: teach your kids Mandarin.

His general view is that there is one more rally before the big bear market.

(100WF is a global network of professionals in the finance & alternative investment industries working together to empower women at every stage of their careers)

Investing and Baseball: A Great Analogy

A very interesting analogy between baseball and investing from the legendary investor, Warren Buffett.

Markets: Central Banks, Interest Rates & Trade War

Some of the highlights from the blog over the last few weeks:

Markets: The Central Bank Will Do Something 
Interest Rates Are Going Much Higher
Younger Investors Tend To Do Great In Bull Markets 
Trade War: Trump Thinks He Is Smarter Than History 

Bull Markets End In Hysteria, Bear Markets End In Panic

"Every bull market ends in hysteria, every bear market ends in panic."
- Jim Rogers


Interesting reading:

Goldman Sachs (GS) In Bear Market Territory. Other Financials Will Follow 
Apple (AAPL) Stock Is In Bear Market Territory

Nasim Taleb: Skin In The Game

Nassim Taleb gave a fantastic presentation about his latest book, "Skin in a Game" at Google Talks on November 2018.

Charlie Munger Reveals The Secrets To Getting Rich

If you aren't willing to react with equanimity to a market price decline of 50% 2 or 3 times a century you are not fit to be a common shareholder and you deserve the mediocre result you are going to get.

Do you have the temperament to be philosophical about market fluctuations?