Lately, The Crumpler and I have been delving into stock market trading. I don’t know what exactly prompted this new interest, but we even got the Trading for Dummies book, which was helpful, but slightly repetitive after a while. We also have The Little Black Book of Microcap Investing, which is pretty good, and Technicial Analysis for Dummies, which hasn’t been cracked yet.
Mostly, we watch Jim Cramer yell and make random noises on his Mad Money show and then we read stock-related stuff on the internet. Here’s a couple of my favorite articles I’ve read lately both by Bill Mann:
1. Stop Being Stupid and You’ll Make More Money. Hard to argue with that title, and an entertaining read to boot.
2. Is Your Brain Costing You Money? The answer to that question is yes. Deny at your own peril.
So– investing in stocks and this is a multi-sport blog? We have some money in Lifetime Fitness (LTM) because it’s been trending up for years and they continue to grow the business. Lifetime Fitness is a big sponsor of some triathlons. So now we’re on topic and I leave you with this valuable gem from Roger H. Lincoln:
There are two rules for success: (1) Never tell everything you know.