Both stock picker and gambler need to develop a systematic approach to become consistent enough to take money from the casino, sportsbook or the stock market over the long-run.
Successful investing isn’t about being right all the time; it’s more about the ability to identify when you are wrong quicker.
Dickson Watts was at the height of his powers when Jesse Livermore was born. Watts’s book would greatly influence his views on speculation.
Rick Rubin recently wrote a book, The Creative Act: A Way of Being. If you are a writer, artist, musician, builder, inventor, entrepreneur – anyone who “creates” you will enjoy the book.
Forbes estimates that Beanie Baby creator Ty Warner’ net worth is $2.7 Billion. This is an amazing achievement considering a bulk of it was earned during a 3-year time frame selling a $5 per unit stuffed animal.
Great questions have the power to build immediate connections and deeper relationships in our personal and business lives.
Stocks rarely perform in the time frames we predict, and it's why the market only works for investors that have a long-term portfolio focus.
Henry Ford, Thomas Edison, Harvey Firestone, and John Burroughs were all good friends. In fact, they were known as the Four Vagabonds.
Ron Wallace writes, “We promote from within to ensure that the company can pass on our legacy and culture seamlessly from one generation to the next.”
Andrew Lanyi didn’t have a job, money, or speak any English when he landed in New York City, but thirty years later Lanyi would be considered one of the best stockbrokers of his generation.
Fred C. Kelly (1882-1959) was an “amateur psychologist”, writer, traveler, columnist, and even a special agent for the FBI. Kelly went on to be the official biographer of the Wright Brothers (1943). In addition, Kelly was a trader and active market participant in the late 1920’s. In 1930, Kelly