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The Ponzi Factor
- The Simple Truth About Investment Profits
- By: Tan Liu
- Narrated by: Sean Pratt
- Length: 4 hrs and 24 mins
- Unabridged
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Overall4.5 out of 5 stars 93
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Performance4.5 out of 5 stars 82
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Story4.5 out of 5 stars 82
The Ponzi Factor is the most comprehensive research ever compiled on the negative-sum nature of capital gains (non-dividend stocks). This means, as a whole, ALL investors will lose money from buying and selling stocks. Most people don’t realize that profits from buying and selling stocks come from other investors who are also buying and selling stocks. When one investor buys low and sells high, another investor is also buying high and needs to sell for even higher.
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1 out of 5 stars
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Tons of falsehoods
- By Armen Topchyan on 08-07-20
- The Ponzi Factor
- The Simple Truth About Investment Profits
- By: Tan Liu
- Narrated by: Sean Pratt
This book is a great investment of yout tme.
Reviewed: 07-01-18
The author makes a lot of great points and observations. Very well written with clear and concise ideas regarding the stock market, a clear picture is painted. The definition of an expert is one who can explain the complex in understandable terms, Tan Liu meets this definition.
The truth really is simple after you see it. IF you take the RED pill and are still in the Matrix did you take the red pill and if you do nothing or do not know how to fight the system. I have wondered about some of these observations not as deep of explanations, some of these ideas are new and go further than I have made, yet I stay in the game. Just like Social Security, the Stock Market uses funds from new investors to pay those that got into the PONZI SCHEME earlier. Yet that is the system, I see the problem what is the solution? Till I find the way out I’ll want to be the one using the silk toilet paper. This book confirms a few of the suspicions I had already about the Finance world.
I highly suggest this book and give it five stars, why because it is a new ideas and it has kept me thinking about our finical system. IF you invest you money in the market, invest your time in this book.
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