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Nobody Knows Anything

Investing Basics: Learn to Ignore the Experts, the Gurus and Other Fools

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Nobody Knows Anything

De: Robert Moriarty
Narrado por: John Alan Martinson Jr.
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It may be as important for investors to know what not to do in investing as to know what to do. While investors are bombarded with the "buy me, buy me" books, little is said to train them in what to avoid. Nobody Knows Anything teaches investors what to avoid and how to trade using their own knowledge and experience rather than simply following the lemmings over the cliff of the latest investment craze. The book will teach an investor about human behavior, contrarian investing, deviation and regression to the mean and other simple basic tools of investing successfully.

©2016 Robert Moriarty (P)2016 Listen and Think Audio
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simple seeming idea: buy and sell sets of commodities when the are low and high with respect to each other and their means... but sell when you have made some profit

seems like decent advice

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Moriarty starts with a fascinating look at human psychology that is not for the eternal optimistic, but is carefully thought out and honest. Spoiler alert: we are suckers. He then spends the rest of the book focusing on ensuring the reader doesn't become a sucker. He offers great market insight and is a very good story teller, but manages to still be succinct.

Excellent take on market psychology

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I have listened to this book many times as it is one of those books that keeps nudging you back in the right direction. For anyone that seeks to run their own affairs in investing this book is a must have.

A must read

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Bob gives you a great mindset to approach investing in the markets. There is a lot of “noise” coming from all directions from investing gurus, experts, and salespersons. Through creating awareness, this book should help you avoid some of that noise, protect you from those who have a conflict of interest, and give you a bit of common sense thinking in your investment decision making. Bob, the author, also offers some external resources you can look into to help you along your journey. All in all, you must develop and learn to think for yourself. I’ve got the audiobook and am quite pleased.

Great Paradigm for Any Level of Investing

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Would highly recommend, very valuable information for any investor. The man has a lot of knowledge.

Awesome information for the avg investor

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