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Title: Excellent myth-buster and trading guide
Review: Vic/Laurel and I are different types of investors. Vic is essentially a trader. I'm essentially someone in search of a good business selling at a fair price. That difference aside, this book is one of the best financial books I've picked up in a long time. Not only does it bust the myth that "the trend is your friend," it also shows you how wrong it is to be consistently bearish, how mechanical and devoid of thought most CNBCish news is, how hubris signals downfalls and the truth behind Wall Street's earnings propaganda. It's got plenty of wonderful anecdotes, excellent recommendations for further reading, and advice real traders can use to make real money. I'll be using this book as a reference, even though (or perhaps, especially since) it raises serious challenges to my value-oriented investment style. I can't afford to ignore this book, and neither can you.
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