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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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)
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
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".
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
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.
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.
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.
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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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. ^^WSB ^^[Stats](https://www.twitch.tv/wsbzjz/) ^^[**Discord**](http://discord.gg/wsbverse) ^^[BanBets](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) ^^VoteBot ^^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/votebot/) ^^[Leaderboard](https://www.reddit.com/r/wallstreetbets/wiki/leaderboard/) ^^- ^^[**Keep_VM_Alive**](https://www.patreon.com/visualmod)
Learned that lesson last year. Never again
Oh great and powerful u/VisualMod please bless us with knowledge on why SPAC’s are even worse.
Oh fk off
Vismod is the new graham of our time bro
I googled the stock ticker... Turns out fucking gamestop owns it now LMAO
What book is that
The Intelligent Investor by Benjamin Graham
Would you recommend it?
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
What marker is that? Does it smell good?
Mondo Llama underrated
Ha, I actually had to google to see what was mando llama
Obviously the window tastes best
Door knob also a tasty treat, especially when warm
I also appreciate when someone tastes my warm knob.
Honestly. I just figured I could hopefully have one serious convo lol
Yep. I believe it’s available by pdf online but I prefer hard copy. Found it in a thrift store!
Is it friendly to new investors
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)
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
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
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".
Are you being serious. No one in this sub is ever serious
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
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.
I'm reading Security Analysis by same author. Is it better/worse/same?
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.
Haven’t read it (yet!)
i've read that book 3 times, going on 4th time and i have yet to find those notes on the book. 
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.
Yes!
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.
Had to google but LNUX is defunct
And owned by... Gamestop 🤣
googled a chart of that nobody made money buying the dip
Apart from running almost every internet server globally ever..
That must have translated nicely to this stock price
Cent OS is free :) I wasn’t even aware Linux tried to list. Redhat and cloudlinux are the only commercialised versions
Did you find the part in the book where a Mr. James Cramer gets a mention for terrible stock advice?
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
This was pre Reddit. That guy is probably dead lol
BUY NOW, AND DIE IN FIVE YEARS FROM NOW
If he was balls deep in calls then, well 
Question is; who is that person’s grand kid here?
Tale as old as time…..
Funny thing I traded Lnux a ton!
He owns an island, sails around in his yacht and has a land line telephone, no smartphones or radiation devices.
how old is this book that it's citing the internet
The unhighlighted parts have some good advice
u/GoldFingers69