Poll - The Stock Market and Vintage Sales

[Peter_Spaeth]

Originally Posted by Gorditadogg

Peter, are you going for your MBA in Finance? Those are a couple big names to know if you are.

Sent from my SM-S906U using Tapatalk

I read Bogle's book a long time ago, it was very enlightening, gave me a new perspective. Very short and to the point.

[bk400]

Originally Posted by Peter_Spaeth

I read Bogle's book a long time ago, it was very enlightening, gave me a new perspective. Very short and to the point.

+1. A Random Walk Down Wall Street by Burton Malkiel is also worth a read.

[EddieP]

If you want to get in the nitty gritty of evaluating and picking stocks then read “Security Analysis” by Benjamin Graham and “Common Stocks and Uncommon Profits” by Philip Fisher. Warren Buffett swears by these two books. Peter Lynch wrote a couple books back in the 1990s which also incorporate Graham’s and Fisher’s stock picking philosophies.Lynch’s books are easy reading.The Intelligent Investor by Graham is also worth reading.

[Touch'EmAll]

Books shmooks. All ya really need is B & B - Baseball cards and Bitcoin. Haha

[Peter_Spaeth]

I liked this book as well.
https://www.amazon.com/dp/1455503304...d_asin_title_2

It's interesting, most people you talk to think of investing as picking individual stocks, but ain't necessarily so.

[EddieP]

Touch ‘em all: “ Books shmooks. All ya really need is B & B - Baseball cards and Bitcoin. Haha”


That’s perfectly reasonable. I wouldn’t be surprise if Wall Street is doing this right now. Classically when it doesn’t make sense to buy stocks, the Wall Street Bros would shift their money into bonds. Annette Thau’s The Bond Book is a good reference. When buying bonds or stocks don’t make sense then the Bros would shove the money into alternatives like land, metals, collectibles etc.

[bk400]

Well, anecdotally, I think prices are coming down now. I'm getting a lot of offers from sellers on eBay. Offers that are bringing the prices down below the most recent comps -- in some cases, quite significantly. It never made sense to me that baseball cards would somehow be immune to policy and economic uncertainty, and I think that's playing out now.