You're likely to find a plunge into any introductory or intermediate accounting book a lot less daunting after this one. Sensible investing requires reading and making sense of annual reports, which is impossible until you understand the language of business. The book has been criticised for making investment look too simple, but it is likely to open your eyes to the incredible opportunities hidden in the stock market. Not sure if you should do it yourself or part your hard-earned money with a money manager whose performance is very likely to be mediocre? An equally good book is One Up on Wall Street , a bestseller by legendary American money manager Peter Lynch.
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Red ink: Perhaps investors were remembering the George W. Bush years — when big, regressive tax cuts were quickly forthcoming. Perhaps investors were remembering the George W. Bush years — when big, regressive tax cuts were quickly forthcoming. I admit that I didn't think they'd have as much trouble with tax cuts as they've been having — that's their brand! The BAT spat: I admit that I didn't think they'd have as much trouble with tax cuts as they've been having — that's their brand! Sequencing problems: On health care, it was clear that all the Republicans knew was that they hated Obamacare.
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collected by :Jack Luxor
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George Soros has added to his losing bets against the stock market
George Soros upped his losing bet against the U.S. stock market Friday, 19 May 2017 | 9:20 AM ET | 00:46Billionaire investor George Soros has upped what so far has been a losing bet on the U.S. stock market, according to recent filings. The plays are through his family office, Soros Fund Management. The hedge fund manager and active supporter of progressive causes added bearish options plays to his portfolio during the first quarter. The S&P 500 is up 5.7 percent this year while the Russell 2000 is up fractionally at 0.3 percent. They continue a trend he began in 2016 of betting against the market, moves that haven't worked out well considering the latest leg in the bull market.Red ink: Perhaps investors were remembering the George W. Bush years — when big, regressive tax cuts were quickly forthcoming. Perhaps investors were remembering the George W. Bush years — when big, regressive tax cuts were quickly forthcoming. I admit that I didn't think they'd have as much trouble with tax cuts as they've been having — that's their brand! The BAT spat: I admit that I didn't think they'd have as much trouble with tax cuts as they've been having — that's their brand! Sequencing problems: On health care, it was clear that all the Republicans knew was that they hated Obamacare.
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collected by :Jack Luxor
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