The Grapes of Wrath – John Steinbeck

A wonderfully captivating and truly depressing book – it is clear why this is a literary great. John Steinbeck describes the journey of the Joad family from Oklahoma to California during the dust bowl of the great depression. Despair drips heavily off every page and Steinbeck captures the emotions skillfully. One technique was the naïve … More The Grapes of Wrath – John Steinbeck

Reminiscences of a Stock Operator by Edwin Lefèvre

A short book review from an investing classic. I enjoyed the turn of the century historical context, the booms and busts of the time and the different character of the investment management industry. For example, when Livermore was on holiday in Palm Beach Florida, he had to go into the physical trading houses to see … More Reminiscences of a Stock Operator by Edwin Lefèvre

SM (ed. 15) Bitcoin is the Reserve Asset of Crypto

There is immense value in the broader crypto ecosystem of decentralised financial technologies but the bright shiny lights of the fastest appreciating token also pose a risk. Desire to beat the market can distract us. Bitcoin remains the most important asset in the ecosystem because of its resilience to external attack. Bitcoin is a reserve … More SM (ed. 15) Bitcoin is the Reserve Asset of Crypto