Risk, Uncertainty and Profit

The practical difference between ... risk and uncertainty ... is that in the former the distribution of the outcome in a group of instances is known ... while in the case of uncertainty, this is not true ... because the situation dealt with is in high degree unique.

By Frank H. Knight

Abundant Stream of Information

Today, Internet influence people and the way they shop, communicate or research. Anything is possible in cyberspace, you can be anyone you desire; do anything you dreaming about. Stream of Information flood beyond our imagination. An accurate data of stocks, company's financial reports, IPOs or news are available and easy to acquire. You can get a 1st rated stand-alone trading platform plus live streaming for $39 a month.

Day Trading turn to be a full-time job for someone while being disaster for others. Both of Investors and Traders are often bombarded with junk emails, mislead web-boards or faked news; they need to be smart to survive in these liar world. Investors/Traders must be more selective in order to gather quality informations. Here, we take a guess out of your equation and carefully choose useful informations for our readers.

Below are AAA-rated websites that we perfectly screen and filter to fit our conservative aspects. Enjoy ^_^

MSN Money - Essential Personal Finance and the markets

Yahoo Finance - No.1 Financial Site for Investors

Reuters - Top News about Finance and business around the globe

Wall Street Journals - WSJ Magazine

Bloomberg - Top 10 site for finance

ProfitCents - An automatic business evaluation website

BigCharts - A Pure technical chart for trader

FinViz - A Great Technical and Fundamental Screener Site

American Association of Individual Investors - US Investors

Stay tune with IME (InvestMadeEasy)

Theory of Gambling and Statistical Logic

In the real world there is no "easy way" to assure a financial profit. At least, it is gratifying to rationalize that we would rather lose intelligently than win ignorantly.

By Richard A Epstein

Wisdom of The Lollapalooza Effect

“If you have competence, you pretty much know its boundaries already. To ask the question [of whether you are past the boundary] is to answer it.”

By Charlie Munger, Vice-Chairman of Berkshire Hathaway Corporation

Long or Short

"In the short term, the market are a voting machine but in the long run they are a weighting machine; and what they are weighting is earning"

By Benjamin Graham: A Father of Value Investing