Month: April 2013

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Inside Out: An Insider’s Account of Wall Street by Dennis B. Levine and William Hoffer

Summary

A first person account of one of the very famous insider trading scandals in the 1980s. The perspective is interesting as it exposed the behind the door scenes on how deals were made. The dynamics that happen around a deal from the people involved, to the wild swings in the stock prices and the frenzies with the media is well worth studying. I consider this book something to reflect on – if you were in his shoes, can you resist the temptations?


Book Information

Inside Out: An Insider’s Account of Wall Street
Written by Dennis B. Levine and William Hoffer

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Vsauce: How Much Money is There on Earth?

Following is a great video explaining concepts about money without the usual "being tortured to death" feel by the economic text books.

If you are not familiar with the terms like M1, M2, or what it really means by "fiat currency", this video will have something useful for you.

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Tony Robbins: Why We Do What We Do

Tony Robbins is famous for his seminars and workshops on self improvement. This TedTalk however is not what he talks about in his seminars. It is an old TedTalk thus the length is a bit longer at about 20 minutes.

I am not a big fan of books on motivation. This TedTalk from Mr. Robbins is different, however, because it raises questions that every trader must somehow answer to become a better trader. It is about understanding yourself and finding the right push yourself to make you do what is necessary to change yourself for a better future, now.

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