Trading Starter Kit

Foundation Series

I’m so thankful for all who subscribed yesterday, and looking forward to the conversations.

I think it’s best to start by providing good foundational resources that shaped my beliefs in trading markets. Without good framing, it’s hard to build profitable strategies.

Reading List

1. Global Asset Allocation by Meb Faber (Free)

   1. Provides Historical Returns for Stocks, Bonds, and Bills

      1. Are bonds safer?

      2. Do stocks outperform?

   2. List of Asset Allocation Strategies

      1. Branch Out from 60/40 and compare philosophies.

      2. Build out a basic understanding of Asset Classes.

2. The Winning Investment Habits of Warren Buffett & George Soros by Mark Tier

   1. Nobody knows this book exists! (massive edge)

   2. Provides two outlines:

      1. Personal Habits

   3. Complete Investment System

      

   4. This book is truly unique to other trading and investment books, and I reread it once a year.

3. Super Trader by Dr. Van Tharp

   1. Super Trader is a tutorial that walks you through creating a profitable trading process.

   2. I know you will be reluctant to do the homework, but it is worth the reward.

4. The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Eric Jorgenson

   1. Trading is a business, and owning equity is the best way to build wealth.

   2. Massive amount of wisdom. He lays out the foundation of building wealth so that if you lived 1000 lives, you would become wealthy 99% of those lives.

   3. Get wealthy so you learn to be happy.

5. Viewpoints of a Commodity Trader by Roy W. Longstreet

   1. Fun short essays covering a wide range of topics

   2. If you want wisdom on a topic, this book probably covers it

Podcasts

1. Meb Faber Podcast

   1. Get Rich Portfolio

   2. Stay Rich Portfolio

   3. How I Invest 2022

2. Mutiny Investment Podcast

   1. Mutiny Fund – Carry, Convexity & The Cockroach

3. Real Vision Conversations

   1. Modern-Day Asset Management Business w/ Anthony Deden

I’m looking forward to hearing your thoughts and ideas on this material. Take your time and digest this content thoroughly. I’m looking forward to interacting with you all. Leave your questions and comments below.

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