Idiot's Guide to Investing

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Friday, May 14, 2010

Buffett's New Investment Cartoon

Posted by Darkness Falls at 4:07 AM

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Intro

We decided to create this Blog because we are constantly reading advice from individuals that are disseminating misinformation, introducing off-the-wall theories, and quite frankly, leading new investors down a slippery slope to losing a lot of their money.

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A little humor with a dose of useful info. Happy investing!

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7 years ago

Golden Rules:

1.) Idiots will almost always flock together

2.) You cannot reason with an idiot, so do not waste your time

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Key Resources

10 Facts About Capital Gains and Losses
Barron's
Bloomberg
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Compounding Calc.
FREE Annual Credit Reports
Goggle Finance
iShares Dow Jones Transport. Avg. (IYT)
Standard & Poors
Tickerspy
Tweedy, Brown, Co.
Vanguard Total Stock Mkt Idx (VTI)
Wilshire Indexes

Graham’s Definition of those who persist in trading:

a.) Unintelligent

b.) Willing to lose money for the fun of the game

c.) Gifted with some kind of uncommon or incommunicable talent

In any case they are not investing

Graham, B. (1949). The Intelligent Investor.

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This is a work in progress and will be updated periodically as we see fit or as we come across other idiotic misinformation. Rest assured there is a world full of idiots out there and a new one is born every minute, unfortunately.

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Friday, May 14, 2010

Buffett's New Investment Cartoon

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