In this endeavor, I excavated a gem of a book that I've shared in this space before: Psychology of the Stock Market by G. C. Selden. As a reminder, this thin volume was first published in 1912. When I read the book, I found many pithy things to underline. I randomly opened the book today (and I will do so in the future) and found this quote that I thought that I would share:
Hardly any event can happen of sufficient importance to attract general attention which some process of reasoning cannot construe as bullish and some other process interpret as bearish. (p. 52)
3 comments:
Ah, Dick Davis (author: Dick Davis Dividend) would so agree with Mr. (or Miss) Selden!
You keep saying you are going to work your way (on line) through a book, and you never get past a few chapters.
What ever happened to all those Swiss secrets you were going to tell. We didn't actually get all the way through that one did we?
And I thought you were a David Allen apostle? Where is your Inn Box and your 5 minute rule? Once a week? The shame...the shame.
I think I made it all the way through 8 of the Zurich Axioms. I don't remember, but I'm not sure that the balance of them were very conducive to posting.
I've a Financial Behavior book and "More than You Know" which I promised some reporting on.
Well even apostles fall by the way side! But see, I'm becoming born again--which means I'll be dangerous, indeed.
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