Continue to repeat this operation as long as you live and you'll have the pleasure of dying rich.

If you would have bought those two weeks later you would have probably made a lot of money.

Damn it, I should have, I should have listened to my own charting.

That was perfect. That was like the mic drop right there.

Welcome to Rekindled with Michael and Ben.

A listener asks, I wanted to hear your thoughts on how relevant old readings are today.

More specifically, do you think there's anything to be gained from reading security analysis

or the intelligent investor?

I read only the latter but felt it was almost a waste of time as most of the information in it was

irrelevant in today's market. Yet I feel as if the zeitgeist of value investors is that these books are the

only things to be read in order to understand value investing. Interested to hear your

guys thoughts on this.

So on today's episode, Ben and I are going to talk about it and it's going to be a lot of reading

unfortunately because that's just sort of the nature of this book.

We're gonna talk about where are the customer's yacht

by Fred Schwed, which was initially wrote in 1940.

So to answer the question, I don't know that any book can teach you how to better analyze the stock market or how to cope with the emotions of winning and losing money.

But what it can do is make you more aware of human behavior.

Again, even though it might not necessarily mitigate your own,

but why do you pick this up?

I think I'm fumbling a little bit.

So I was just, I thought I was gonna be good, but.

...