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)
Ah, Dick Davis (author: Dick Davis Dividend) would so agree with Mr. (or Miss) Selden!
ReplyDeleteYou keep saying you are going to work your way (on line) through a book, and you never get past a few chapters.
ReplyDeleteWhat 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.
ReplyDeleteI'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.