Author: Lawrence

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Manuel Forjaz: 15 Steps To Become A Millionaire

A 22 minute talk from Mr. Manuel Forjaz.

It is a talk about how to start from knowing next to nothing in business and make it work out at the end.

His message right from the beginning hammers home the problems with majority of trading novice – not willing to change themselves (mentally and to certain extend physically) to align with the drive necessary to succeed.

Good advices for running your own business throughout the video. Many newcomers in trading do not realize trading is very much a business you are operating. You have to learn, adapt and change yourself to survive in the ever changing world of financial markets.

In case you are wondering what Bacalhau is, you can learn more from the page Bacalhau on Wikipedia.

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Cal Newport: So Good They Can’t Ignore You

Mr. Newport’s Talk at Google on his book So Good They Can’t Ignore You.

This talk is approximately 40 minutes.

To sum it up, he is exploring the fact that Follow Your Passion is bad advice.

What Mr. Newport says is true.

In a limited sense, Sir Ken Robinson’s talk "The Element" actually agrees with this talk although Sir Robinson’s take is that you should follow your passion.

Sounds contradictory isn’t it?

The key to both talks is that we do not really know what our passions really are. The phrase follow your passion is over used to the point I would say quite abusively everywhere. It is being used as an excuse to not craft your skills first.

This talk is a great one for all traders. Good at trading is just an end result of a set of skills you have developed. It can be your passion to solve puzzles in real-time leading you to become a great chart reader. It can be your research and development skill in creating good trading models.

It is a discovery process that we traders all have to go through to make trading works for us.

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What’s Behind the Numbers?: A Guide to Exposing Financial Chicanery and Avoiding Huge Losses in Your Portfolio by Tom Jacobs and John Del Vecchio

Summary

An excellence book written by 2 authors in completely different discipline giving the readers a chance to put some common sense on investing into their heads. Written with normal people in mind, the book is easy to understand with practical advices average investors can utilize immediately. Highly recommended for stock traders and investors.


Book Information

What’s Behind the Numbers?: A Guide to Exposing Financial Chicanery and Avoiding Huge Losses in Your Portfolio
Written by Tom Jacobs and John Del Vecchio

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