The information on this Website is not reliable and not intended to provide tax, legal, or investment advice. Nothing contained on the Website shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@MiningBookGuy@Newton - nice room you started here! And you are correct--the little blurb on that link grabbed me. Now I HAVE to pick up this book! :)
"The greatest gold discovery in history draws a young Charles Knight to West Africa, where he unearths deception, violence, and romance. Xander Winn- a Dutchman on his own mission- mentors Charles on his voyage into the world of speculation and African politics. But a psychopathic rebel leader, the purveyors of a six-billion-dollar fraud, a team of mercenaries bent on early retirement, and the US government all get in his way.
Everyone wants him dead. But Charles plans to strike it rich." #highgroundnovels#speculator
@NewtonGreat stuff here at end of #speculator. Lots of discussion about "do not initiate force" but now lead character dealing with grey area of having provoked violence as defense. Slippery slope when morality meets real world!
@MiningBookGuythanks @Newton! btw, i did get my copy of #Speculator in the mail, thanks again for that. just started reading--very promising start! Will hopefully get a review out before the 'official' release at the end of the month :) #HighGroundNovels
@NewtonWhat is the best moral system?
If God does exist, then we humans will not be able to transition to immortality and omniscience, for we will be stopped by those who have preceded us as long as humans think the ends justify the means, and are willing to use force and fraud. No god wants a god attacking them. So, no species with socialist and fascist tendencies will become a god, or join in the god realm, or join with God, depending on your religious construct. To join the realm of godliness, force and fraud must be extinguished entirely. Bernie and Hillary and Trump take us toward force and fraud. Their philosophies of force are the sine quo non of war. We can’t transition that way. Libertarianism takes us towards peace. Libertarianism or its similar philosophies, is required for us to advance to the next stage of evolution.. If we value life above all, then libertarianism is the best moral system. @johnhunt#dougcasey#speculator#liberty
@MiningBookGuybtw, I don't agree with a lot of stuff #DougCasey says. But I #think every time he opens his mouth! It's quite impressive, and who wants to be surrounded by people they agree with anyway?? Well, it's too bad he doesn't contribute at CEO.CA! maybe part of the horde of #lurkers here? no, probably has better things to do with his time/money, haha :P #Speculator
@MiningBookGuysome stuff on #mentors, personal note: clearly #mentorship crucial to both #AlbertLu and #DougCasey. i had TERRIBLE mentors...learned from their mistakes, but that's just like learning from my own mistakes.
I'm working on being a better #speculator. but really want to point out that you CAN do it on your own. i've heard the #mentor bit from so many influential people. maybe it's the best way, but didn't work for me. anyway, just need lots of trial & error & self-learning... hmmm, and then you wonder why i like #books so much? :P
@MiningBookGuy@Newton RE: CEO.CA Traffic Question #priceonomics - Not sure if this answers your question. But as a #speculator, any tidbits on the types of people are visiting CEO.CA, and what they're actually looking at is VERY valuable to me.
As a specific example where I don't expect to get access to the data, if I knew exactly how many people were in all the company rooms I follow at all times, that would be really valuable for figuring how which companies get traction and why. There are already plenty of clues for this. But a feature like that could be the equivalent to getting market depth for stock exchanges.
@AlanYeah good example of tagging @miningbookguy. Yeah I read his first three books but still have #antifragile to read. Very abstract ideas and beautifully written. Very challenging books and useful for #speculator.
@hunterThis is the time of year when all the "best of" book lists come out... and I am still buried in books to read. I used to consume a lot of books when I was traveling more, about half were audiobooks. Never tried @benjamincox tactic of listening at double the normal speed- that would put a dent in my pile! Haven't had a chance to crack open #Speculator yet, looking forward to it. #MakerandTakers is also on the top of my current pile.
@hunterI am hoping to crack open #Speculator this next week. Looking forward to it as it has caused so much buzz @bullmarketmove. Looks like there have been some great reviews posted at the #Speculator room. Hard to keep up with everything this time of year...
@Alan Yeah I've read #speculator. Fantastic book. But if you want the best books by #dougcasey, get his old stuff like #crisisinvesting and #Strategic investing. Been doing portfolio review today. I started speculating on August 2011 and during one of the worst bear markets on record in commodities, I'm happy that my education so far has been free.
@MiningBookGuy@Alan - i agree on all your points on #JimRickards vs #DougCasey, even for their general books, but definitely specific to #Speculator by Doug.
In terms of understanding gold right now and for the near future, I think #JimRickards books are the #1 thing out there. And the intersection of #geopolitics and #InternationalMonetarySystem ...Jim is still a leader there too. So you get a very different value. When it comes down to it, there are a group of authors that are 'essential' for specific areas...not that you have to read their books, but you definitely need to at least be aware of their ideas, because they have been so influential. Another one I throw into this mix is #JimRogers, which is even more of a foundation for my thinking/actions than Jim or Doug.
@Alan@bullmarketmove- I really like the outlook for #uranium. I own two companies in this space. I was early (again) with my purchases but I'm happy. I did well on $UEC at the start of the year just by pure luck and recently bought back at much cheaper levels. It's a clean, Base load power source and it's down something like 90% in last 14 years or so. Anything down 90% must be looked at reflexively if you are a #speculator.
@AlanGreat conversation between @leni and #dougcasey. This quote stood out for me: ' ld you say that you have successfully removed emotion from your speculations and investments, over the course of your speculating career? Why or Why not?
Doug: I try to, but it’s very hard to separate your rational mind from your emotions. In fact, when I feel like buying something or selling something, I say, “wait a minute, maybe I should do exactly the opposite of what I feel.” So, it’s very hard, but it’s important. If you start thinking that way, acting against your own emotions, it does improve your results because, as a general rule, you don’t want to be in what they call a ‘crowded trade,’ where everyone thinks, “yeah, this is going to happen”. Maybe there are actually good reasons why something should happen, and maybe it will happen. But, if everybody already believes that and is already long or short, there’s no profit in it, the profit is already gone. #speculator #http://www.juniorstockreview.com/2017/03/03/a-conversation-with-doug-casey-life-freedom-and-speculation/