Framework of Crisp

I’ve noticed the word “crisp” being used across various domains and scenarios. For example I read a job description that listed “crisp execution” as a requirement. Jeff Bezos talks about writing “crisp” documents at Amazon. My perfect meeting starts with a crisp document. So the document should be written with … Read more

Three Rules for Investing

A “trader” would be primarily concerned with which direction the stock market was heading, while an “investor” would concentrate on selecting stocks with the best chance of outperforming the market overall. In other words, the investor was always long, while the trader might be long or short. Market Wizards Whether … Read more

Bob Iger’s 10 Leadership Principles

I’ve recently started reading “The Ride of a Lifetime“, the memoir of Disney CEO Bob Iger. In the prologue Bob shares 10 principles for true leadership. I believe that each of these principles can help Product Managers become more effective leaders, communicators, and team members. I’d classify these principles as … Read more

How To Plot Volume Bars on Index Charts in Thinkorswim

I’m currently studying William J. O’Neal’s CAN SLIM Investing System. The M refers to Market Direction. Determining whether the general market is uptrending (bullish) or downtrending (bearish). O’Neal writes on the importance of monitoring both price and volume changes of markets. The best way for you to determine the direction … Read more

Naval & Scott University Reading List

In May 2018 Naval Ravikant joined Scott Adams on Twitter live for a wide ranging conversation. At 39:50, they discuss which classes would be taught at a Naval & Scott University. If I were tasked with creating a reading list for each class, here is what I would assign. Persuasive … Read more

Identifying Early Trends

Chris Camillo, a trader featured in Unknown Market Wizards, has a trading edge based on identifying early trends. Here is Chris in the book: I was a very early investor in National Beverage Corporation, which is this weird company in Florida that manufacturers La Croix, and La Croix accounts for … Read more

Unknown Market Wizard Peter L. Brandt

Last month Jack D. Schwager released book #5 in his Market Wizards series, Unknown Market Wizards. The first book in the series, Market Wizards was published in 1989. Nassim Taleb said the following about the original book: I’ve read Market Wizards at several stages of my career as it shows the staying … Read more

Hope is Not a Strategy

I learned an important lesson from trading this year: hope is not a strategy. If you enter a trade that goes against you, and it keeps going against you, hoping that the position will recover is a losing strategy. The hope trade may work once, twice, even ten times in … Read more