Warren Buffett has said “I just sit in my office and read all day.” The Omaha World-Herald reported: “Eventually finding and reading productive material became second nature [to Buffett], a habit. As he began his investing career, he would read even more, hitting 600, 750, even 1,000 pages a day.” Warren Buffett says he reads a […]
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Peter Lynch was one of the greatest mutual fund managers of all time for returns over a long period of time. He was the manager of the Fidelity Magellan Fund from 1977 to 1990. During his time managing the fund he averaged a +29.2% return annually. He was able to consistently double the annual returns
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The Pareto Principle is named after Vilfredo Pareto an Italian economist who first noticed an 80/20 distribution in statistics and published his first work on this in 1896. Pareto is said to have first observed the mathematical formula when he observed about 80% of the total land in Italy was owned by 20% of the people. In his
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Game Theory was originally an idea of John von Neumann based on the strategy and equilibrium in two person zero sum games and its proof was the Brouwer fixed-point theorem which has become a standard method in game theory and mathematical economics. The study and attempt to understand interactions of competing parties using mathematical models to set
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The CAN SLIM Investing System was created by William J. O’Neil after his study of the biggest winning stocks in the history of the stock market going back 130 years. He wanted to systematically quantify the the traits both fundamentally and technically that was the difference between the stocks that created the Alpha in the stock market
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The doji candlestick is a chart pattern in technical analysis that is usually formed from a small trading range in a time period where both the open and closing price are nearly equal. A doji candlestick usually signals indecision for a direction in a market. A doji is not very significant inside a range bound market
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During wars are the build up of a military in preparation to a potential war money inside the stock market can rotate to companies in stocks that would profit from military spending. Here are ten stocks to watch as the tensions between the United States and Iran escalate over the weekend after the U.S. took
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This is a guest post by Jake of TrendSpider. In this weekend’s analysis, we analyze the moves made by SPY, QQQ, and XBI over the last week and beyond. On Sunday, founders Dan and Jake will be coming on the webinar to go over the 2019 recap and what to expect into 2020! Sign up
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A hammer is a candlestick pattern when a stock opens then moves a lot lower during the day then rallies back near the opening price. This candlestick pattern looks like a hammer with the long lower wick from the lows of the day looking like the handle and the opening and closing price body form
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In a publicly traded company there are customers who buy their products, employees who get paid for there time and work, there are bond holders that get paid interest on the company debt they own, and then there are the investors that hold the company stock and own equity in the company. Traders also buy