Thread: Investing 101
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Old 06-18-2005, 01:00 AM
wildwood wildwood is offline
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Default Re: Investing 101

Read "Extraordinary Popular Delusions and the Madness of Crowds" by Charles MacKay. Read market history, for example, why did inflation, gold, and oil go sky high in the seventies? Why did the stock market lose 40% of it's value in the early seventies? Why did the stock market go sky high in the nineties? For this history, an excellent read is "Bull!: A History of the Boom and Bust, 1982-2004" by Maggie Mahar. Get the secular trends right, and the rest takes care of itself. "History doesn't repeat, but it rhymes" Mark Twain. All the Best.
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