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The Rule

  You can’t stop the waves, but you can learn to surf. —JON KABAT-ZINN “Cut short your losses, and let your profits run on.” That’s The Rule. That’s Larry. I also want my grandchildren and their generation to see that many more things are possible if you make the right bets—not only in your money life but in your love life too. Bets are just choices we make. I was born to a lower middle-class family, had a major learning disability, did poorly in school, and was nearly blind (completely blind in one eye and half-blind in the other). I was not handsome. I was not athletic. Today, I am a self-made multimillionaire. How did I do it? I made a bet on myself and won. You can absolutely do this too. The real question is, “Who did I write this book for?” It’s for the overweight girl who did not get invited to the high school prom. It’s for the last guy never chosen for a baseball game. You know, that hurts a lot when you are a kid. It’s for the star athlete too—because somewhere he...

Flash Boys

  FLASH BOYS MICHAEL LEWIS Michael Monroe Lewis (born October 15, 1960) is an American author and financial journalist. He has also been a contributing editor to Vanity Fair since 2009, writing mostly on business, finance, and economics. He is known for his nonfiction work, particularly his coverage of financial crises and behavioral finance. Las acciones de P&G llegaron a cotizarse a un precio tan ridículo como un centavo y tan desmesurado como $100.000 usd. Durante ese breve período de tiempo se produjeron más de 20.000 transacciones distintas a precios un 60% mayores o menores que los existentes tan solo unos minutos antes. Greenwich Associates, la firma empleada para evaluar su posición con relación a sus colegas y competidores entrevista anualmente a los inversores que utilizan los servicios de Wall Street e informa de los resultados a los interesados. El RBC (Royal Bank) había sido un Banco menor, como lo demuestra el hecho de que había ocupado el puesto 19 en el ran...