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I know he is giving most of it to the bill & Melinda Gates foundation, but seriously – couldn't he think of anything better to do with it for humanity than fight AIDS in Africa?

He could use it to do almost anything, like start businesses that actually serve mankind while making a profit.

He could do so much with it; but what has he done? He's provided Africa with a couple billion free condoms.

What a difference he's made!

Has Warren Buffet actually done anything useful for humanity with his money?

La cantidad de tiempo que dedicas a buscar buenas acciones es directamente proporcional al número de acciones que debes tener.Se necesitan varias horas cada cierto tiempo por cada una. Esto incluye leer los resultados anuales y trimestrales y las búsquedas de información periódicas. Un inversor individual puede hacer esto con 5 acciones como hobby.En 1983 la cartera de Maguellan tenía 450 acciones. En un año fueron 900. Esto significaba que teníamos que prepara historias para explicar en 90 segundos. Se convirtió en el 2º fondo mayor del mundo con 1.600 Millones$ en activos.Surgieron críticas diciendo que, como el Imperio Romano, Maguellan era demasiado grande para sobrevivir. Un fondo con 900 acciones no podía superar al mercado, porque él era el mercado. Fui acusado de control de los índices mundiales.

Un gran fondo puede comprar 1.000 o 2.000 acciones que nunca salen en el Wall Street Journal. Esto se llama “Fly off the radar scope” (Volar fuera de radar). Sin embargo, un poco imaginativo gestor puede tener 50 acciones que aparecen todos los días en los periódicos y tener una miiatura del S&P 500.Muchas de las empresas de mi cartera no ocupaban una posición importante por 2 razones:

• Eran compañías pequeñas en las que si aumentaba mucho mi posición podría mover el precio.
• No estaba muy convencido de ellas pero no quería alejarme y seguir en contacto.

Recuerdo una vez que acudí a la presentación de resultados de Jan Bell Marketing, una joyería de 200 millones$. Sólo acudí yo y los directivos. Me informaron de que estaban vendiendo mucho a grandes establecimientos minoristas. Lo que me puso en alerta para seguirlos, ya que seguramente también estuvieran haciendo dinero.Encontré varias empresas minoristas que desde su OPV inicial, habían caído en el olvido y estaban muy baratas. Empecé a llenar mi cartera de minoristas pero sólo hasta un 3% del fondo.Un tiempo después, el sector sufrió una severa caída que puede soportar porque era un porcentaje muy pequeño de mi total. No lo hubiera podido soportar si representara un 20% de mi cartera.A mediados de los 80 compre S&L, y era un 3% del total del fondo. Pero la prensa comenzó a enfatizar mi relación con S&L y al final parecía que mi fortuna o ruina dependía de las cotizaciones de S&L.Desde 1982 a1988 gané una verdadera fortuna con la industria del automóvil: Ford y Chrysler me aportaron 100M cada una, más 79M$ de Volvo. Fueron grandes ganancias para una pequeña porción de mi cartera, sólo eran un 8%. Nunca sabes cual de tus acciones es la que lo hará mejor.

Otra estupidez de los gestores de fondos es buscar sólo acciones con liquidez. Unas acciones que puedan vender en menos de 3 días. Es absurdo, los problemas van llegando poco a poco. Y si de verdad son gordos, en sólo 5 minutos estarás perdido. Y otras muy liquidas, como Polaroid, perdieron el 90% de su valor en sólo un año. Conozco a muchos que se quedaron confiando en que era un valor muy liquido.Sólo un 1% de los valores cruzan más de 10.000 acciones al día. Los gestores que confían en la liquidez, se ven limitados y vetados a comprar más del 99% del mercado. Es absurdo.

Conforme el fondo crecía, comenzó a convertirse en un problema el mantener la proporción de todos los valores, con su ponderación constante. Si compraba muy rápido, mi compra hacía moverse el mercado y subía hasta el nivel donde debía comenzar a vender.

Los siguientes 5 años algo cambió. Debía viajar miles de kilómetros a seminarios de inversión donde decenas de compañías tenían unos pocos minutos para explicarme su proyecto y que yo me interesase por él.

Con la excepción de los fondos de John Templeton, Maguellan fue el primero que compró con fuerza en el extranjero. Comenzó en el 1984. Todas las noches llamaba a Estocolmo, Londres, Tokio y Paris para empaparme de la información que mis traders me contaban.En 1986 ya tenía un departamento extranjero.En aquellos momentos me fijé en Europa. Estaba lleno de grandes compañías a punto de realizar grandes movimientos. de lanzarse a por el mercado global. El problema es que no cumplían las mismas reglas de contabilidad y hacía falta bastante ingenio para entenderlas.Comencé a viajar y comí y bebí vino en todo el continente. Suecia es un país muy formal donde las reuniones fueron perfectas y ordenadas. Allí descubrí a Ericsson, la compañía de teléfonos. Así como Skandia, fábrica de muebles, totalmente desconocida en América.En aquella época subieron las tasas de los seguros, pero las compañías suelen tardar muchos meses antes de que se plasme en sus cuentas. Es muy fácil comprarlas y ganar mucho dinero con ese ciclo.En Göteborg me entrevisté con toda la excitada dirección de Volvo.Hay gente que piensa que por razones culturales, algunos países se mantienen con mercados infravalorados o supervalorados eternamente. no es cierto, al final todos acaban cerrando el ciclo y vuelven a empezar.Cuando no encuentres nada bueno que comprar en tu país, mira en otro.Encontré una copia exacta de Hewlett-Packard a la noruega: Si funcionó en USA, ¿Por qué no funcionará aquí?. Se llamaba Norsk Data y fue muy buena compra.de Oslo, pasé a Bergen y Frankfurt dondé conocí el Deutche Bank. Quedé impresionado.Visité las manufacturas de Düsseldorf y conocí Bayer, una gran industria química.En Colonia descubrí que en las Autobahn estaba conduciendo el doble de rápido de lo que lo había hecho nunca, investigué si cotizaba y compré.Descubrí que la industria farmacéutica Suiza estaba mucho mejor preparada que la americana y cambié mi cartera de país.En Milán descubrí Montedison, una perfecta hidroeléctrica. En la ciudad de la última cena.En Venecia no pude disfrutar porque no encontré compañías a las que visitar.Un amigo me explicó que dos ferrocarriles japoneses tenían muy buenas perspectivas.Al final del año, un 10% de mi cartera estaba en el extranjero.

 Maguellán subió un 24% en 1986 y otro 39% en el 87. Provocó una arrolladora entrada de capitales difícil de gestionar.Empecé a comprar empresas que todo el mundo tenía pero que pasaban desapercibidas. Entre ellas encontré una preciosa joya: Fannie Mae. Tenía ingresos crecientes y constantes y cotizaba a unos ratios ridículos. Todo el mundo tenía acciones de Fannie Mae, pero en una proporción minúscula. La hice una de mis mayores adquisiciones.Aunque Maguellan subió un 39%, el S&P lo hizo un 41%. Eso me volvía loco.Mi mujer no entendía porqué estaba triste si había hecho ganar una fortuna a los accionistas.Al poco tiempo el mercado cayó un 20% y Maguellan sólo un 7%. Eso me hizo creer que era inmune a las caídas. Hasta que llegó el 11 de Septiembre de 1978.Durante las siguiente 9 caídas me di cuenta de que Maguellan caía más que el mercado en los cracks, pero que en la recuperación lo superaba y mejoraba por amplio margen.The Wall Street Journal publicó que yo estaba en Irlanda cuando todo ocurrió. Tuve que vender grandes cantidades de acciones para poder devolver el dinero a los accionistas que provocaban una gran salida de capital por sus ventas alocadas.Durante esos días descubrí que mucha gente tenía compras con margen apalancadas y que tenían hipotecas para financiarlas. Durante 5 días me reuní con mis traders para prepararnos para el gran desastre.Teníamos un 20 veces más cash (liquidez) que en cualquier otro momento de la historia de Maguellan. Y llegó el Black Monday.Los accionistas de otros fondos vendieron masivamente y los gestores se vieron obligados a malvender a malos precios. A mi también me ocurrió, pero menos.Tras la corrección compre todo lo que pude. Las primeras en subir fueron las empresas de crecimiento, pero enseguida las cíclicas comenzaron a pisarles los talones.Un 2% de mi cartera era General Electric, pero como General Electric era un 4% del mercado, en realidad estaba infraponderando una empresa que me encantaba.Maguellan ganó un 23% en 1988 y un 35% en 1989. En 1990 lo volví a hacer, pero decidí retirarme.El último día en la oficina Maguellan tenía 14.000 Millones$, 1.400M$ en cash. Aprendí de la gran corrección a no quedarme nunca sin él.Dejaba atrás a cientos de operaciones perdedoras en Maguellan, que iban junto con las ganadoras que he descrito. Lo importante es que no eran posiciones importantes. Hay que contener las pérdidas.No hay que tener vergüenza en perder dinero con las acciones, todo el mundo lo hace.Lo que es horrible es mantenerla o comprar más aún cuando los fundamentales se están deteriorando.Una vez perdí 33Millones$ en Texas Air. Pero no vendí hasta que los fundamentales se deterioraron. Menos mal que lo hice, continuó cayendo.(No importa lo barata que compres una acción, cuando llegue a 0$, habrás perdido el 100%).Las cíclicas son como el Blackjack, si pasas mucho tiempo con ellas acabas perdiendo seguro.Cuando una empresa es solvente, los bonos cotizan a 100. Si cotizan a 20.El mercado de bonos intenta decirnos algo. Está dominado por inversores conservadores que miran con lupa cualquier desvarío.

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Mi aventura en el extranjero

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Currency Tradingl 8th Seeing farther September 2009, Wall Street & Dan Frishberg

Seeing farther: a parable I like to tell you a story from my grandfather’s day. as Dan Frishberg I also had a Jewish grandfather when I was growing up. but while his grandfather took Frishberg on visits to the Wall Street stock market and explains the mysteries of finance, told me stories. Which may be why he is a successful stock market commentator and I write a blog. now these events have taken place was near the town of Lubin, which, I believe, in the vicinity of where my grandfather grew up – …

by: Mike Wazowskil Financel 16 November 2010 Do you know how Wall Street started

The stock market is actually a way out of the purchased shares of companies and sold.

Some people still believe that the stock market and Wall Street are one and the same. however, Wall Street is in New York only a single example of an exchange.

From: Jack Bensonl Financel lViews 18 September 2008: 444 exchanges and history of the exchanges

What is a stock market? How did that come stock on historically and where they start? What are some popular and important exchanges

From: David Escobarl Financel 6th July 2010 Virtual Stock Exchange

A virtual stock exchange is a good way to learn to trade without risking real money. Dealers can log on to online virtual stock market sites to create an account and experiment with trading without risking real money.

From: Alanl Financel February 24, 2010 Terrorist Attacking Wall Street

The silence from the investigating authorities camps could mean several things: Either terrorists are responsible for the exhibits at the listed stocks or others besides terrorists had foreknowledge of the trouble that was about to strike Wall Street or may have even contributed and used that knowledge a nice financial harvest from the instability of the market to profit.

From: Michael Websterl News and Society> Causes & Organizationsl lViews 18 September 2008: 513 Wall Street will not tell you It’s a Bear Market

we are in a bear market, but Wall Street will never . admit It is so impressive in a bull market, but reluctant to address bad times …

From: 12 Stephen T. McClellan, Cfal Finance> Investingl may 2008 A Trip down To Dixie

when it comes to vacation planning, diversity important. Each of the global jet set, with people looking do something a bit different when they head abroad to experience. A place to consider is, America’s Deep South, or as it is locally known, “Dixie”

From:. Danny prepare Jonesl Travell 22 November 2010 First Aid Kit-the must-go

Before you travel first aid kit A set of equipment and supplies that can be used in first aid. The contents of the medical first aid kit will vary depending on the manufacturer or you can say who has gathered the first-aid medical kit. It may also be different depending on the purpose.

From: Asuka Jl Travell 22 November 2010 Top 4 Hot Air Balloon Festival from all over the world

looking for an exciting and different holiday? An excuse to go somewhere you’ve never been and see something you’ve never seen? or maybe the chance to see a familiar place high on a new way over the earth? Hot air balloon festivals held all over the world and are the perfect way to spend a family holiday.

From: Eddie Prenticel Travell 21 November 2010 An overview of Touring Ethiopia

This beautiful country has to find the Horn of Africa by rugged mountains, vast plains and endless proliferation flowing rivers and lakes is characterized. Ethiopia’s position in the Rift Valley, shows that cases of volcanic lakes and large banks.

From: Melissa Waltersl Travell 21 November 2010 Fantastic Costa Brava, Costa Blanca and Costa Dorada hotels: Fiesta Fun in the winter sun

hotels and activities in the Costa’s are brilliant for those looking for a fun-filled holiday. these parts of Spain are great anytime of the year.

From: Fleur Fisherl Travell 21 November 2010 Surprising facts about car safety

cars are a great convenience for all of us. With such hectic and overloaded schedules, it’s easy to keep your mode of transport for granted and become temporarily inactive when you are taking in a time crunch, the necessary safety precautions for yourself and your children to take. however, it is important that you remember certain facts every time you behind the wheel.

From: Veronica Scottles Travell 21 November 2010 Car Hire Alicante Airport this is the best way to travel in the province of Alicante

you definitely have researched on the Costa Blanca and its magnificent beaches. The beaches are not the only attraction of the place.

From: SeamusAlfonsonidasl Travell 21 November 2010 Travel to Alexandria

Alexandria is the second largest city in Egypt, began in 332 BC when Alexander the Great founded the capital of his vast empire, the construction of the first buildings of the town was only half a century later finished by Ptolemy II, Philadelphia (285-246 BC) From that time Alexandria was not only the new capital of Egypt, but also the cultural center of the Hellenistic world. And most of monument protection are under the sea, including the library of Alexandria, who disappeared built by Alexander

From: keep egypt travel Packagesl Travell 21 November 2010 How to Organize your wardrobe in order

your clothes in good shape, It is important to organize your wardrobe appropriately. There are so many ways to keep your clothes, but whichever way you choose to store your clothes to keep sufficient space is needed to release of crushed and wrinkles.

From: Tauqeer Ul Hassanl Home Improvementl 15 November 2010 Tips for planning a buffet party at your home

one of the great organizing opportunities to come together in your home is by throwing a buffet party. It is ideal for informal occasions and really great fun.

From: Tauqeer Ul Hassanl Home Improvementl 15 November 2010 How to plan a strategy for a successful home office

It requires a lot of hard work and planning your study plan at home. you have so many factors to consider before setting up an office.

From: Tauqeer Ul Hassanl Home Improvementl 15 November 2010 to clean up a kitchen storage tips

In this article we provide some useful tips to help you reorganize your kitchen storage is available.

From: Tauqeer Ul Hassanl Home Improvementl 15 November 2010 Tips for repairing roof leaks

water is always harmful when it finds its way through small cracks or loose tiles. Water can easily penetrate these cracks or loose tiles and cause serious damage to the roof lining underneath.

From: Tauqeer Ul Hassanl Home Improvementl 15 November 2010 Tips for your kitchen floor Larder

kitchen is an important place in the house and if you want to have a proper kitchen, you must have a well equipped kitchen pantry.

From: Tauqeer Ul Hassanl Home Improvementl 15 November 2010 Tips to Take Good Care of Shoes

It is important to take good care of your shoes to have a leisurely stroll. There are so many things that one must keep in mind to help your shoes to keep them in good shape.

From: Tauqeer Ul Hassanl Financel 15 November 2010

tips on color in your room when it comes to choose a color for your room, do not rush to reach for the beige. they have a lot to choose from. There are infinite possibilities of colors and shades available on the market.

From: Tauqeer Ul Hassanl Home Improvementl 15 November 2010 Add Comment your name: * your Email: Comment Body: * Verification Code: * * Required fields Send your articles here

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New York Wall Street & Exchange

Stock Market View Monday 15th Nov :-My dear visitors at present Indian Stock Market entered into a bearish stage for the time being. now spot Nifty should at least cross 6100 and 6120 is the Nifty cross over hurdle. 6050 is now a very critical and sentimental support. tremendous volatility will persist till end December 2010. so book your profit soonest and preferably buy fundamentally good stocks in dips. but reversing trend of the market is very much possible after some corrections.

FREE SURE SHOT INDIAN STOCK & COMMODITY MARKET TIPS: INDIAN STOCK MARKET VIEW MONDAY 15 NOV

by KEN KAMMarketocracy.com

In a period of slow economic growth, stock picking is critical.

One of Marketocracy’s best stock pickers is Tim Eriksen (track record). Tim always wanted to be a money manager but never got the right offers when he graduated from Texas A&M’s Mays Business School in 1997. So Tim became a field construction manager  for Peter Kiewit & Sons. all the while he dreamed of being a money manger and worked on his portfolio at night and on the weekends.   Eventually Tim’s excellent investing track record on Marketocracy gave him the courage to become a registered investment advisor.

Tim now lives in the northwestern corner of Washington State and describes himself as a go any where, “bottom-up fundamental value investor.”

Since he started his Marketocracy model portfolio nearly 10 years ago on November 11, 2001, Mr. Eriksen has averaged more than 18% per year while the S&P 500 averaged less than 2% per year. about 67% of the stocks he has ever put in this portfolio over the 10 years have been profitable. [ Disclosure: My firm Marketocracy Capital makes his portfolio available in a  separately managed account.]

Forbes’ Matt Schifrin first shed light on Tim’s excellent result back in 2006 in an article that reported on his great success investing in undervalued asset managers like Eaton Vance (EV) and U.S. Global Investors (GROW). Tim’s approach to finding value stocks is similar to other outstanding investors, including those  profiled in The Warren Buffetts next Door, The World’s Greatest Investors You’ve never Heard of and What you can Learn From Them (John Wiley & Sons).

Tim’s top 5 holdings are Diamond Hill  Investment Group (DHIL), Reading International (RDI), China MediaExpress (CCME), Vodaphone (VOD) and Procter and Gamble (PG).

In his own words, here is what Tim finds attractive about each stock.

Diamond Hill Investment Group (DHIL). DHIL is a value-based asset manager that has grown its assets under management (AUM) from just $107 million at the end of 2002 to more than $7 billion today.  What I like is the fact that Diamond Hill is a cash generating machine.  in 2008 and 2009 DHIL generated about $7 per share in cash annually and paid out $10 special dividends.  they have announced a $13 special dividend payable in December.  Pro forma for the dividend, the stock trades at about 13 times our estimate of annualized earnings.  Based on modest AUM growth, I think the company could continue to pay annual dividends of $7 per share, or use the cash to repurchase shares.

China MediaExpress (CCME). CCME is China’s largest television advertising operator on intercity express buses.  CCME has grown revenues from $4 million in 2006 to $96 million in 2009.  they are projecting revenues of $175 million for 2010, with earnings of $75 million, or $2 per share, assuming no acquisitions or additional buses.  they have already announced four additional bus deals this year.  The company has $3.90 per share in cash and no debt as of June 30.  Thus the P/E multiple, net of cash, is about four.  part of the lack of interest in the stock may be due to it being based in China and coming about through a SPAC.

Vodafone (VOD). Vodafone is one of the world’s largest mobile communications providers in the world.  Vodafone owns 45% of Verizon Wireless, which it has not been getting any dividend from due to cash flow being used to pay down debt.  Verizon Wireless is expected to be debt free relatively soon, leaving the business with significant cash flow that can be distributed to the owners (Verizon and Vodafone). Shares trade at approximately 10 times earnings and the stock has a near 6% yield.

Reading International (RDI). RDI is in the business of owning and operating cinemas, as well as developing real estate in the U.S., Australia and new Zealand. RDI has 23 million shares outstanding and trades just under its book value of $4.85 per share.  It recently announced that it is selling a large property in Australia.  I believe the sale could bring close to $100 million, or a $50 million pre-tax gain.  The sale should increase book value by $1.50 per share.  more importantly the sale will provide the company with $80 million in cash, after taxes, which the company can use to reduce debt, develop other real estate parcels, and repurchase stock.

Procter & Gamble (PG). PG is one of the world’s premier consumer goods companies.  PG pays a 3% dividend and trades at under 15 times earnings.  I would agree with Warren Buffett, a major PG shareholder, that it is better to buy a great business at a good price than a lousy business at a great price.

To receive a free email update when Mr. Eriksen and other Marketocracy Masters change their top 5 holdings, click here.

Disclosure: I am the portfolio manager for mutual and hedge funds advised by  Marketocracy Capital Management, an SEC registered investment advisor. before relying on the opinions expressed in this article, you should assume that Marketocracy, its affiliates, clients, and I have material financial interests in these stocks.

Buffett Next Door Picks: Procter, China MediaExpress and 3 More

February 24, 2010 No Comments

H/T value Investing Resource & Corner of Brk & Fairfax

Synopsis: (via Globes) – the so-called lost decade has not shaken legendary investor Peter Lynch’s belief that the stock market will continue to offer the best returns.

Click here To Read: an Interview With Legendary Investor Peter Lynch

Introduction (via Globes)

The dismal returns of the past ten years have made them known as the lost decade on the US stock market, raising the question whether investment in stocks has lost its luster. who better to answer that question than the person considered one of the best mutual fund managers in US history, Peter Lynch?

Lynch, 66, the legendary manager of the Fidelity Magellan fund, took over the running of the fund in 1977, and from then until he left the post in 1990, he managed to beat the S&P 500 Index in 11 years out of 13. Under his management, the fund yielded an exceptional annual return of 29.2%, almost double the average for the index of 15.8%. the greatness of Lynch’s achievement can be seen from the fact that even today, 20 years after he stopped managing the fund, his books “one up on Wall Street,” “Beating the Street,” and “Learn to Earn,” are still best sellers among investors.

Most Important Advice!!!! (via Globes)

“In general, stock market companies have succeeded in growing their profitability, and that’s the reason to buy shares,” Lynch sums up. “when you buy shares in a company, if it manages to produce profits, you are a partner in those profits. on the other hand, if you buy an IBM bond, after 20 years, the company will repay you the money and say ‘thank you very much.’ It will pay you the interest, but it will not be loyal to you, and you certainly will not enjoy the fruits of its success. That’s the big difference between bonds and stocks.”

You need 3-4 good stocks

What’s the right way to be exposed to the stock market today?

“the average person can get to know 5-10 companies very well, and once every few years he will come across an opportunity to make a good investment. In principle, you need 3-4 good companies to invest in over ten years. You don’t need 3-4 good stocks every week, if you are a private investor.

Click here To Read: an Interview With Legendary Investor Peter Lynch

Simoleon Sense » Blog Archive » An Interview With Legendary Investor Peter Lynch

Recently I have picked up Peter Lynch's "Learn to Earn" book. he talks about a market multiple in the book and does a cross study of Nike and J&J and says that the market multiple was more than what J&J's PE was. Where can I find up to the minute or whatever market multiples? also, Where could I find inflation rates as well. I know that they are based upon the Consumer Price Index but I am not educated enough to figure it out based upon that. Thirdly, since I am in the education stage of stock investing, I would like to know if anybody can recommend a stock market simulator game that doesnt coincide with the real market but is simulated for the sake of learning at a faster pace than waiting for the markets. if I could find a game that does correspond to the markets that would be nice as well. of course I am looking for free games and no money involved. (Just thought I would make that clear) thanks for the info

Market multiple and inflation rates and other…?

An Interview With Legendary Investor Peter Lynch

H/T Value Investing Resource & Corner of Brk & Fairfax

Synopsis: (via Globes) – The so-called lost decade has not shaken legendary investor Peter Lynch’s belief that the stock market will continue to offer the best returns.

Click Here to Read: An Interview With Legendary Investor Peter Lynch

Introduction (via Globes)

The dismal returns of the past ten years have made them known as the lost decade on the US stock market, raising the question whether investment in stocks has lost its luster. who better to answer that question than the person considered one of the best mutual fund managers in US history, Peter Lynch?

Lynch, 66, the legendary manager of the Fidelity Magellan fund, took over the running of the fund in 1977, and from then until he left the post in 1990, he managed to beat the S&P 500 Index in 11 years out of 13. under his management, the fund yielded an exceptional annual return of 29.2%, almost double the average for the index of 15.8%. The greatness of Lynch’s achievement can be seen from the fact that even today, 20 years after he stopped managing the fund, his books “One Up on Wall Street,” “Beating the Street,” and “Learn to Earn,” are still best sellers among investors.

Most Important Advice!!!! (via Globes)

“In general, stock market companies have succeeded in growing their profitability, and that’s the reason to buy shares,” Lynch sums up. “When you buy shares in a company, if it manages to produce profits, you are a partner in those profits. on the other hand, if you buy an IBM bond, after 20 years, the company will repay you the money and say ‘thank you very much.’ it will pay you the interest, but it will not be loyal to you, and you certainly will not enjoy the fruits of its success. That’s the big difference between bonds and stocks.”

You need 3-4 good stocks

What’s the right way to be exposed to the stock market today?

“The average person can get to know 5-10 companies very well, and once every few years he will come across an opportunity to make a good investment. in principle, you need 3-4 good companies to invest in over ten years. you don’t need 3-4 good stocks every week, if you are a private investor.

Click Here to Read: An Interview With Legendary Investor Peter Lynch

Simoleon Sense » Blog Archive » An Interview With Legendary …

Learn the basics first. Like buying call & put options. Learn all the fundamentals about these two. Then maybe look at writing these two options then go on to the different strategies like straddles & strangles etc. Go for very safe, conservative strategies first. I have always recommended a good basic book such as G. Chamberlains, Trading in Options

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Can some one tell me the good learning material on F&O in Stock …