This book is a classic in the realm of stock market literature, detailing the life and trading experiences of Jesse Livermore, a legendary trader, under the pseudonym 'Larry Livingston'. It explores Livermore's journey from his early days in 'bucket shops' to becoming a prominent figure on Wall Street. The book highlights the importance of understanding market psychology, the dangers of overtrading, and the need for discipline and independent analysis in trading. Despite being written nearly a century ago, its lessons on market dynamics and human nature remain relevant today[2][3][4].
Trillion Dollar Triage provides an inside look at the Federal Reserve's unprecedented actions during the COVID-19 pandemic. The book chronicles how Chairman Jay Powell and the Fed implemented swift and massive economic policies to prevent a financial catastrophe. It explores the challenges faced by the Fed in balancing economic recovery with the risk of inflation and political pressures.
Stock markets tend to go up over time — but every so often, they fall off a cliff. Some crashes are brief and recover quickly, while others shake the financial world to its core. But what can we learn from the scariest days in stock market history?
And in today’s Dumb Question of the Week: What is a circuit breaker?
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This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.
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