Quick thoughts on this week’s Barron’s… Kopin Tan killed it with massive 2009 outlook-y article…Brady Bunch-style grouping of Chief Market Strategist types from both buy-side and sell-side with their ’09 S&P earnings estimates and targets. Didn’t see Abby Joseph Cohen in there…that’s refreshing. Nice to see some non-bulge bracket people, Jason Trennert from Strategas grabs…
When people who are starting to get involved in the markets, whether as professionals or investors, ask me what books I suggest they read, this is the first one I always mention.
Reminiscences of a Stock Operator is a quasi-biography of trader Jesse Livermore, who went from early 1900’s bucket shop speculator to master trader, having won and lost large fortunes along the way in everything from stocks to cotton futures.