|
Books > Money & Finance > Investment & securities > General
From investor and popular newsletter writer with 100k+ subscribers
Darius Foroux comes an approach to building wealth that applies ancient
wisdom to the chaos of modern-day markets
The Stoics understood that if you can control your reactions and manage
your emotions, you can achieve success. The same principles apply to
our financial lives today. The greatest investors approach the markets
with discipline, emotional distance, and self-mastery--lessons that the
Stoics have been teaching us for thousands of years.
Combining ancient wisdom with practical investment strategies drawn
from analysis of the greatest investors of all time, The Stoic Path to
Wealth will teach you how to:
- cultivate an investing edge by managing your emotions and
developing your unique skills and talents
- develop the discipline to ignore short-term market fluctuations
and avoid living in the future
- foster a mindset that allows you to enjoy what you have and avoid
greed
- create a sustainable approach to trading
As financial markets become increasingly unpredictable and chaotic, The
Stoic Path to Wealth offers the key to weathering any economic storm
while building wealth that will last a lifetime and beyond.
This book is not deep research work, as I am not a Ph.D. professor at
any international university.
I was a teacher. I was also a real estate investor. And now I am a
fulltime writer. Nevertheless, I am also research addicted reading two
books per month.
Moreover, as I studied Macroeconomics, I found out that the world has
been threatened by a new virus, the decentralized digital virus.
Metaverse, Decentraland, blockchain, bitcoin standard, smart contracts,
protocols, nodes, tokens, and halvings suddenly invaded my eyes with
such a power that I had to understand what the hell was that about. If
you do not know what these concepts are, you are in the right place.
Some of these articles are controversial, others you might agree with,
but most of them try to explain how the world is shifting into a fully
digital mode.
Central banks and governments are trying to keep the boat afloat in a
perfect MMT style, while politicians still do not quite understand how
the moneyprinting machine works. They keep saying we need raise taxes
to pay the debt when the government is the only issuer, so it cannot
become insolvent.
With deflationary pressure from technological innovations, the need for
fresh money puts central banks in the red to control inflation.
Covid-19 hit hard on every economy, but only the issuers can control
the orchestra. Straightforwardly, as a non-native writer, I will try to
give you a perspective about how the world is changing, from analog to
digital, from the real world to the metaverse, with a fascinating
silent war between centralized money printing power and decentralized
fully digital crypto ecosystems.
Alec Hogg is one of South Africa's leading financial journalists, and the founder of Moneyweb and Biznews.
Here he helps us to learn how the investment genius of Warren Buffett can be applied to South African investing. This book is packed with invaluable lessons and insights from the world's greatest wealth creator. Useful charts and graphics are included in the book to provide more details about concepts and shares.
Packed inside the book you'll find:
- What $10'000 invested in Berkshire in 1965 looks like today
- Buffett's Top 4 Companies
- Stock charts of important South African companies
'A brilliant book packed with powerful insights from the world's
most successful investors' Tony Robbins 'A profound, eloquent, and
much-needed call for a reassessment of how we build our portfolios
and live our lives' Stig Brodersen 'A classic ... for generations,
will define what it means to be a better investor and a better
human' Guy Spier Billionaire investors. If we think of them, it's
with a mixture of awe and suspicion. Clearly, they possess a kind
of genius - the proverbial Midas Touch. But are the skills they
possess transferable? And would we really want to be them? Do they
have anything to teach us besides making money? In Richer, Wiser,
Happier, award-winning journalist William Green has spent nearly
twenty-five years interviewing these investing wizards and
discovered that their talents expand well beyond the financial
realm and into practical philosophy. Green ushers us into the lives
of more than forty of the world's super-investors, visiting them in
their offices, vacation homes, and even their places of worship -
all to share what they have to teach us. Green brings together the
thinking of some of the best investors, from Warren Buffett to
Howard Marks to John Templeton, and provides gems of insight that
will enrich you not only financially but also professionally and
personally.
|
|