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Warren Buffett: You Only Need To Know These 7 Rules BySteve Burns Too many times investors and traders start and stop what they think are great ideas in theory but aren’t so great in practice. Investors may bet on 20 great ideas in their life-if they even have that many-and assume they will make money, but this could be a mistake. Buffett says “three or five or seven” might make you wealthy, “bu..

Charlie Munger Life Story Charlie worked with Warren in Buffet’s grandfather’s grocery store in Omaha, Nebraska. Munger earned $2 for ten hours of labor in the 1930’s before he went off to college. Munger left the University of Michigan to become an Army meteorologist during World War II. After the war he earned a degree from Harvard Law School. Charlie Munger Sad Story “I did not intend to get ..

How to Identify A Trend Reversal In A Stock This is a list of things to look for as possible signs before a stock makes a top and rolls over. Alone these are just possibilities but the probabilities increase as more of the signs are in place. When the RSI gets near 70 on the daily chart for a stock and it becomes overbought resistance, the price momentum to the upside slows, and the the price se..