Aberhound Posted February 21, 2012 Posted February 21, 2012 [amazonsearch]The New Robber Barons[/amazonsearch] Here is a deal value investors will appreciate!
Kraven Posted February 21, 2012 Posted February 21, 2012 Obviously free is free, but I don't know. Maybe it's just me, but I find Janet Tavakoli impossible to read. She is a self-proclaimed expert in structured finance and her books are all over the place and don't make a ton of sense. Her book on Warrent Buffett (I forget the title) was such a scam. She met him once, although they have corresponded a few times, and she writes an entire book about "what Warren would do" in various situations. It was one of the few books that I just couldn't get past around 40-50 pages and wished I could return it and get my money back.
Liberty Posted February 21, 2012 Posted February 21, 2012 Thanks Kraven. I was just about to ask for opinions about "Dear Mr. Buffett: What An Investor Learns 1,269 Miles From Wall Street ".
Parsad Posted February 21, 2012 Posted February 21, 2012 Thanks very much! Free is free. I downloaded Kindle to my PC and iPhone, as well as the book. Cheers!
AZ_Value Posted February 22, 2012 Posted February 22, 2012 I think Mike Burry has credited her book [amazonsearch]Credit Derivatives Synthetic Structures[/amazonsearch] with being the tool he used to first understand credit derivatives and then come up with his big CDS idea. It's far from being free tho :)
Kuhndan Posted February 22, 2012 Posted February 22, 2012 Dear Mr Buffett was a very tough read. I didn't get anything out of it. I definitely don't recommend.
NormR Posted February 22, 2012 Posted February 22, 2012 I might observe that some books have negative value. (Not necessarily the one in question because I've not read it.) There's the opportunity cost - as in that's X hours I won't get back. Even worse is the cost of absorbing poor mental models. Those can be quite expensive ... As a result, I've become rather more selective in my book reading over time. (Wow, that was overly grouchy ;) )
Liberty Posted February 22, 2012 Posted February 22, 2012 I think Mike Burry has credit her book [amazonsearch]Credit Derivatives Synthetic Structures[/amazonsearch] with being the tool he used to first understand credit derivatives and then come up with his big CDS idea. It's far from being free tho :) A bit expensive, but I'd say that Burry got a pretty good ROI on that one ;)
vinod1 Posted February 22, 2012 Posted February 22, 2012 I might observe that some books have negative value. (Not necessarily the one in question because I've not read it.) There's the opportunity cost - as in that's X hours I won't get back. Even worse is the cost of absorbing poor mental models. Those can be quite expensive ... As a result, I've become rather more selective in my book reading over time. (Wow, that was overly grouchy ;) ) Yes and I think the vast majority of the investment books do fall under this category. Over the last couple of years I have drastically cut down on the number of investment books I read just for this reason. Just think what is the value of a leather bound book containing verbatim all the comments on the Level 3 thread. I would pay a large amount to avoid reading such a book, just to avoid suicidal thoughts! Vinod
Myth465 Posted February 22, 2012 Posted February 22, 2012 Just think what is the value of a leather bound book containing verbatim all the comments on the Level 3 thread. I would pay a large amount to avoid reading such a book, just to avoid suicidal thoughts! Vinod LOL
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