Book 29
Bulls, Bears and Other Beasts

If you want to know history of indian stock market and inside working of it this will give you a good idea.
There are many levels of revelation that this book gives you. It was an absolute joy to read. Some salient points đŸ§”
Book 29
Bulls, Bears and Other Beasts(1/6)

People get carried away, thinking it is easy to make money in the stock market, and learn the truth the hard way,’
Book 29
Bulls, Bears and Other Beasts(2/6)

Stock market history is replete with players who went bankrupt after having made the error of thinking they had become bigger than the market.
Book 29
Bulls, Bears and Other Beasts(3/6)

Some rules in the market never change. And one of them is that nobody can ever catch the top or bottom.
Book 29
Bulls, Bears and Other Beasts(4/6)

‘Never take huge bets on political events,’ . ‘Markets may be irrational, but are far more predictable than politicians.’
'As stock market history shows, steep climbs are often followed by equally steep declines.'
Book 29
Bulls, Bears and Other Beasts(5/6)

Trading profits are never consistent, however skilled a trader may be. And even the most disciplined of traders are known to suffer from the occasional attack of overconfidence, which can at times be fatal.
Book 29
Bulls, Bears and Other Beasts(6/6)

There are so many other great take aways from this book. Recommended to read at any phase of market...especially the bull market. Book has interesting stories about the scam days as well as tech-boom days.
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