Mark Tier – Becoming Rich

Author: Mark Tier

Trading books are subject to gains and losses as prices of the included securities change. Since these securities are held by the financial institution, and not by individual investors, these gains and losses impact the financial health of the institution directly.

Becoming Rich

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As Mark Tier demonstrates in this insightful book, the secrets that made Buffet, Icahn, and Soros the world’s three richest investors are the same mental habits and strategies they all practice religiously. However, these are mental habits and strategies that fly in the face of Wall Street’s conventional mindset. For example:

-They don’t believe that big profits involve big risks. In fact, they’re far more focused on not losing money than making it.

-Wall Street research reports? They never read them. They’re not interested in what other people think. Indeed, Buffett says he only reads analyst reports when he needs a laugh.

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