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VisualMod t1_iy52la3 wrote

It is a bad idea to buy IPOs because you are almost guaranteed to lose money. The stock price will likely not be supported by the underlying business and you could end up losing most or all of your investment.

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SuperiorZexcess t1_iy66l0t wrote

I googled the stock ticker... Turns out fucking gamestop owns it now LMAO

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IanSandersJr t1_iy52yey wrote

What book is that

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Bryan_R58 OP t1_iy539nu wrote

The Intelligent Investor by Benjamin Graham

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IanSandersJr t1_iy53brd wrote

Would you recommend it?

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not_goverment_entity t1_iy5oudh wrote

First check what sub you’re in, then ask for advice according. In this sub you ask which glue tasted better or ask for crayon recommendations

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IanSandersJr t1_iy6022h wrote

Honestly. I just figured I could hopefully have one serious convo lol

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Bryan_R58 OP t1_iy53kue wrote

Yep. I believe it’s available by pdf online but I prefer hard copy. Found it in a thrift store!

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IanSandersJr t1_iy55cb4 wrote

Is it friendly to new investors

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Bryan_R58 OP t1_iy56bqs wrote

I’m by no means experienced and it’s a bit over my head at times. It’s an easy enough read but I’d start with Bogle and get the basics down (DCA’ing, simple diversification, index fund investing etc)

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Suggestedname420 t1_iy6bxy2 wrote

It’s a great fuckin book no doubt and has tons of value to new investors…but you’ll get roasted in the sub for admitting you can read, I know these things only because a friend told me

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BenderTKE t1_iy6kg2n wrote

There’s no pictures, no memes, no rocket emoji, so this book no good for new investors. Graphs aren’t even colored, i had to color it myself

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pmslady t1_iy8q3ol wrote

This is the one book I wish I read first before investing. If you want to see if this is the book for you, read page 537 right away to see if something "clicks".

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IanSandersJr t1_iy8sd7j wrote

Are you being serious. No one in this sub is ever serious

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Syab_of_Caltrops t1_iy6o9cp wrote

It's good, but hasn't been updated since the dot-Com bubble. Random Walk Down Wallstreet is better in that regard. I highly recommend both.

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Icy-Cat6810 t1_iy7ecqc wrote

That book was the first wsbs but in old English written by one fucktart. My favorite is when he tells a story about ancient apes going bonkers on ticket master ipo. Apes back in the day went bonkers buying up the wrong ticker that was a communications company that was going bankrupt cuz those regards though it was the ticket master ticker. Lol it’s a great book about fucktarts, but in old English and boring as fuck Shakespeare shit. It’s like a memoir of dumbasses through out history of the markets. Apes used to count card board boxes to predict Santa Rally’s etc etc lol any thing you can think off it’s been done. Even the card board man getting a cut to not show too many or show extra boxes

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Agreeable-Ad-9648 t1_iy5il7l wrote

I'm reading Security Analysis by same author. Is it better/worse/same?

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pmslady t1_iy8qjhc wrote

Both are good but Security Analysis is drier and somewhat boring in comparison to The Intelligent Investor. Security Analysis goes more in depth than The Intelligent Investor. I highly recommend listening to the audiobook version of The Intelligent Investor.

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MemesGamingInc t1_iy9b65t wrote

i've read that book 3 times, going on 4th time and i have yet to find those notes on the book. img

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RecommendationNo6304 t1_iy5jvkp wrote

Must be Zweig's commentary, or someone else who has written a recent preface to Intelligent Investor. Can't be Graham, and doesn't sound anything like Buffett.

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ldc262626 t1_iy554pj wrote

Had to google but

LNUX is defunct

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Plastic-Umpire4855 t1_iy60y8l wrote

Apart from running almost every internet server globally ever..

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SuperiorZexcess t1_iy66pki wrote

That must have translated nicely to this stock price

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Plastic-Umpire4855 t1_iy8yzy2 wrote

Cent OS is free :) I wasn’t even aware Linux tried to list. Redhat and cloudlinux are the only commercialised versions

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fickdichdock t1_iy5whlq wrote

googled a chart of that

nobody made money buying the dip

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RecommendationNo6304 t1_iy5jdmw wrote

I remember watching that show from the sidelines in 1999. I didn't understand much of anything about equities or investing at the time, but it was really wild to see some of those tech stocks rocket. Cisco was another insane chart in 97-2000.

I owned some Compaq, which did well for a while until it didn't, and then got bought by HP. Also owned a few domain names. Would have owned many more had I any idea what kind of ridiculous digital land rush was about to happen.

Linux was the next big thing at the time. It was in vogue to hate Bill Gates & everything Microsoft, despite virtually everyone using Microsoft products.

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Sweet_Scar487 t1_iy67dx0 wrote

Did you find the part in the book where a Mr. James Cramer gets a mention for terrible stock advice?

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Bryan_R58 OP t1_iy6a99m wrote

Unfortunately I have not yet had the pleasure. Mother says based on my 2nd grade reading comprehension level that I should expect to get to that part by Spring ‘24

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Misha-Nyi t1_iy63btg wrote

Tale as old as time…..

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WallStreetBets181 t1_iy753iy wrote

He owns an island, sails around in his yacht and has a land line telephone, no smartphones or radiation devices.

2

Big-Truth-2026 t1_iy77x3e wrote

how old is this book that it's citing the internet

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VisualMod t1_iy52ki5 wrote

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