Not that I'm aware of, but I have long since graduated from seeking such advice.
I think the best source of investment insight comes from studying Warren Buffett's methodology. Mary Buffett wrote a book called "Buffetology" which is really accessible and quite good. An author by the name of Timothy Vick has written several books on buffett. (How to pick stocks like warren buffet is a good one.) For awhile there I bought all the ones I could find, and it was probably the best $100 I spent.
Eventually I created a spreadsheet that I'd use to do my net-present value analysis. I'd take the stock's price, the historical growth, my estimated growth, and work back to figure out what my projected return would be in 5 years.
You know you've mastered investing when you're able to predict these returns pretty accurately, though it takes time to know if you were right or not. It is ok, there is no hurry, you can just put money aside and save it (though I'd hedge against inflation- I'd store it in gold or silver these days.)
Once understanding investment, economics came to play a huge role in my understanding of how things worked and where things are going.
The mises institute: http://mises.org is the best source of daily informative articles on economics. They were talking about the housing bust around 2000-2001. Mises himself predicted the great depression, the invasion of Austria (where he was from, and where his fellow economists laughed when he said that by the same time the next year the Nazis would have control) etc. I don't read it all the time, and just read articles that I find useful.
The Mises institute has a lot of books for free from Mises and Rothbard that you can download, and from many other economists.
But probably the best book on economics to read is "Economics in one lesson" by Henry Hazlitt. You can get it in PDF form here, I believe: http://www.hacer.org/pdf/Hazlitt00.pdf
Studying Buffet is investing 101, studying economics is investing 201.
I also read a lot of books like "The gorilla game" and "the wealthy barber" and stuff like that. They were less useful than the Buffett books, but they all had nuggets of good advice.
Eventually, I graduated to Options as a strategic investment. A $100 book that became my bible.
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Please note also, I'm out of the markets right now. I think the outlook for the US is not good, capital controls are coming and that there's going to be a major, and very painful, rebalancing of the global economic structure.
Next time I buy stocks I expect they will be on an asian exchange.
Good advice on the stocks, but for those not in the know, mises.org presents a sort of ultra-libertarian point of view, and pretty much only that. In other words, they're not likely to ever present ideas differing much from their own.
While they may or may not have some good ideas, it's not really mainstream economics, and there are some discussions covering that on the net that are worth reading prior to reading their material.
And one of Ludwig's chief chips was that we should all go back to the gold standard, so take with a grain of salt the argument that you should put your money in gold and silver to hedge against inflation (they are both in long-run bull markets).
I think the best source of investment insight comes from studying Warren Buffett's methodology. Mary Buffett wrote a book called "Buffetology" which is really accessible and quite good. An author by the name of Timothy Vick has written several books on buffett. (How to pick stocks like warren buffet is a good one.) For awhile there I bought all the ones I could find, and it was probably the best $100 I spent.
Eventually I created a spreadsheet that I'd use to do my net-present value analysis. I'd take the stock's price, the historical growth, my estimated growth, and work back to figure out what my projected return would be in 5 years.
You know you've mastered investing when you're able to predict these returns pretty accurately, though it takes time to know if you were right or not. It is ok, there is no hurry, you can just put money aside and save it (though I'd hedge against inflation- I'd store it in gold or silver these days.)
Once understanding investment, economics came to play a huge role in my understanding of how things worked and where things are going.
The mises institute: http://mises.org is the best source of daily informative articles on economics. They were talking about the housing bust around 2000-2001. Mises himself predicted the great depression, the invasion of Austria (where he was from, and where his fellow economists laughed when he said that by the same time the next year the Nazis would have control) etc. I don't read it all the time, and just read articles that I find useful.
The Mises institute has a lot of books for free from Mises and Rothbard that you can download, and from many other economists.
But probably the best book on economics to read is "Economics in one lesson" by Henry Hazlitt. You can get it in PDF form here, I believe: http://www.hacer.org/pdf/Hazlitt00.pdf
Studying Buffet is investing 101, studying economics is investing 201.
I also read a lot of books like "The gorilla game" and "the wealthy barber" and stuff like that. They were less useful than the Buffett books, but they all had nuggets of good advice.
Eventually, I graduated to Options as a strategic investment. A $100 book that became my bible.
--
Please note also, I'm out of the markets right now. I think the outlook for the US is not good, capital controls are coming and that there's going to be a major, and very painful, rebalancing of the global economic structure.
Next time I buy stocks I expect they will be on an asian exchange.