Market Wizard speaks: Marty Schwartz at Amherst College, Spring 2013

  1. when trading, look for a change in velocity
  2. fundamentals will give you the sweet spot to look for new investments
  3. investing is not the same as trading
  4. cut losses fast
  5. money management!!
  6. HFT, algos, etc. made the market more emotional, thus more volatile
  7. get a plan
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Investing & Trading Bibliography

Must read:

Further reading:

Investor mental framework:

Analyzing and valuing businesses:

 

Shitlist:

  • Trading in the Zone, by Mark Douglas (trading psychology, pure waste of time)