Found 6 comments on HN
I don't know if you will lose money, but here is why I suspect you might:

https://www.amazon.com/Where-Are-Customers-Yachts-Street/dp/...

cconcepts · 2017-02-01 · Original thread
> then starts talking about market sentiment and concludes by analyzing it's chart

You summarise my experience of the financial industry well. If you haven't already, read "Where Are The Customer's Yachts" by Fred Schwed - very entertaining and funny, in a kind of sad way: https://www.amazon.com/Where-Are-Customers-Yachts-Street/dp/...

pjc50 · 2016-09-23 · Original thread
Note that "finance" and "economics" are separate disciplines, roughly corresponding to applied vs theoretical.

The book which changed my thinking the most was "The Other Path" https://www.amazon.co.uk/Other-Path-Economic-Answer-Terroris...

It would be easy to give it the traditional libertarian gloss of "reducing regulation to improve the economy", but it's much more subtle than that. It looks at the costs of being outside the "system", and the benefits of simplifying the system so as to include more people and businesses. Along with land reform to reflect the actual reality of buildings.

Also, short and entertaining, but with lots of insights into principal-agent problems and bubble mentality: "Where Are the Customers' Yachts?" https://www.amazon.co.uk/Where-Are-Customers-Yachts-Investme...

somberi · 2015-07-09 · Original thread
A father, who is a banker shows his son "This is our Yacht and those are our brokers''". Son asks "Dad, where are the customers' yachts?".

A book, written in 1930s, based on this quip still remains one of my favourite books about Wall street. Link: http://www.amazon.com/Where-Are-Customers-Yachts-Street/dp/0...

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