Sorry folks for not blogging sooner. I have some insights to the market, but right now I am recovering from a vicious bout of food poisoning. In the past six years I have had four food poisoning’s and three times it was from sandwiches that I bought while driving. You would think it is a problem specific to a store or country. Nope, not at all, I bought bad sandwich’s in Canada, Austria, and Germany. What was common between them all? It was the meat that went bad. (Go vegans go?)
Ok to the topic, and the book review of When Genius Failed. I was recommended this book on CNBC Power Lunch Europe by a professional trader when I asked the question, “I understand the theory behind options, pricing, hedging, Greeks, and have read the classics like Hull, but I am wondering what books I should read to implement a hedging strategy as I do not have access to professional traders?” The trader’s answer was interesting in that he said, “What you need is experience and therefore the books you should buy are Hedge Hogging (which I read), Liars Poker, or When Genius Failed.
The following is a paid review. See the notes at the bottom for more information.
Wiley is trying to turn their hit Little Book that Beats the Market (discussion, Amazon.com) into a series: Little Book Big Profits. The second book in the series, The Little Book of Value Investing, is written by Christopher H. Browne and focused on value investing.
It doesn’t have to get all hot and heavy and technical here on InvestorGeeks all the time! If you tell me an investor with good temperament needs a serious attitude every second, I’ll counter that by saying sometimes you really need to let loose and have fun! Even Warren Buffett gets crazy once in a while; even if his idea of crazy fun may be playing a ukelele, playing bridge or eating Dairy Queen ice-cream.
