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Old 08-19-2006, 11:51 AM
RedJoker RedJoker is offline
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Join Date: Aug 2006
Location: High on Life
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Default Re: Career in Finance

Wow, read a couple of excerpts and reviews I found. Believing that success in the market is completely dependent on luck is like believing poker is completely dependent on luck.

No one would try to claim that luck isn't a part of poker, just like I'm not going to claim luck isn't a part of the stock market, but claiming it's the main reason people succeed is a bit hard to swallow.

I haven't read the whole book so I'm not going to try and review it, but it sounds a bit like 'The Da Vinci Code', entertaining but flawed.

For an example of a counter argument read 'The Super Investors of Graham-and-Doddsville' by Warren Buffet. I found this on the thread 'Financial advisor tried to screw me today', the link was in a post by Buffet (thanks, good link).
http://www1.gsb.columbia.edu/valuein...ves/DOC032.PDF

If I missed the point of the book or your post, apologies, please advise.
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