SGH 0.00% 54.5¢ slater & gordon limited

Baffling stuff., page-6

  1. 5,345 Posts.
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    The market is brutal for people who has little knowledge
    Education before practical is properly a safer path going forward
    there are plenty of material available for free and you can learn.

    Stock market can be safe and a good way to build wealth over time but you need the background and the knowledge else it just like anything if you don't have the knowledge the chance of you doing a good job isn't that high.

    Learn how to read balance sheet and cash flow statement
    Learn different terminology, Return on Equity, Return on Asset, Return on Capital
    what EBITDA really mean etc..
    Books on Behaviour finance, stock market in general, some oldies but goodies books are

    Common Stock, Uncommon Profit by Phil Fisher

    Intelligent investor by Benjamin Graham, Warren Buffett would tell you this the best book
    but I found it bloody boring but Chapter 8 and Chapter 20 is gold so just read those 2 chapters
    and truly understand it and you be ok.

    Sway: The Irresistible Pull of Irrational Behavior by Ori and Rom Brafman

    If you want more reading list I can give it more

    I done it all in my younger years before entering the market, I read lot of stock, finance and human finance behaviour books and I still do

    with the knowledge and experience, you can spot crappy business and avoid the debacle like these
 
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