Where are the customer’s yachts? 股票市場現象實錄

Book mentioned in Warren Buffett ‘s 2014 Berkshire Hathaway annual shareholder’s letter. Short, honest, and similar style of humor

“Speculation is an effort , probably unsuccessful, to turn a little money to a lot

Investment is an effort, which should be successful, to prevent a lot of money from becoming a little”

1940 年華爾街交易者描述1929年股市崩盤的反思,跟70年後現在看到的還是很相似。日光下沒有新鮮事,股市中的人性也是如此。

中文版 “股票市場,顯象實錄”


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