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Old 08-03-2007, 12:27 PM
DcifrThs DcifrThs is offline
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Join Date: Aug 2003
Location: Spewin them chips
Posts: 10,115
Default Re: Financial Advisors

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I just ordered it based on the fact that you said other people said it was good. Reading books is +EV no? Even if you only get one good idea from it, thats a pretty sick deal for $20.

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if you consider that you could have instead used that time to read a book with 3-5 good ideas, it's not such a sick deal for $20 anymore is it?

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read them both?

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i wouldn't have posted that if i would easily be able to read them both.

i'm currently reading a very intense book by mandelbrot about the mathematics behind fractals and scaling in the financial markets.

i've ordered another book about active portfolio management and the mathematics behind signal generation.

i read the economist cover to cover weekly and read the FT and WSJ throughout the day.

i'm further working again with matlab to make sure my skills are first rate so i can hit the ground running with that program at my new job when i get one (that i'll likely have to use it for).

if i could squeeze in another book i would. but the maths books are very dense and will take a while to get through.

so given all that, should i read the random walk down the street?

Thanks,
Barron
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