Friday, November 22, 2024

Best Loser Wins by Tom Hougaard

A book about trading which doesn't really have a much information about trading. This is more about how to cope with the losses and trust in the process even when sometimes the results are not in your favor.

Trading is a game with loosing prominently irrespective of how long you've been doing it. You can learn the analysis and charts but this doesn't prepare you to face the losses and the situation that comes after the losses.

The book doesn't really have a framework for trading and it tries to force stoic in trading which is easy from a point where one ends up with making money. From the opposite side this is not easy to cope with. The loss is not just a financial loss but it also brings a the after effects of these losses.

Skip this one and, if possible, avoid using any telegram channel for trading/investment advice.

Love


How Migration Really Works by Hein de Haas

Can a rational scientific study clear the myths about migration? The myths that make the migrants others. The migrants who are targeted because the look, eat and speak different.

Maybe not because a lot of negativity against migration is politically motivated. Migrants are easy scapegoats who can be blamed for anything that is going wrong. This is a short term diversion from the actual problem but politicians who use this as a political tool don't understand the long term effects of such positioning. The short term effects are hate crimes, attacks, marginalization, exclusion etc but the long term effects are that these groups are never scene as one even after generations have lived in the same country.

This book provides a whole list of counter points against all the common myths against migrants with the data. So next time when you hear that migration is all time high, it causes job loss, walls are going to reduce migrations etc, you can cut the noise, and see through sloganeering.

Peace