July 2016
Beginner to intermediate
462 pages
9h 14m
English
Buying and selling stocks is a bit like shopping. Shopping is something that supermarkets and online bookstores know well. These types of business often apply techniques such as basket analysis and recommendation engines. If, for example, you are a fan of a writer who writes historically inaccurate novels, a recommendation engine will probably recommend another novel by the same writer or other historically inaccurate novels.
A recommendation engine for stocks can't work this way. For instance, if you only have stocks of oil producers in your portfolio and the oil price moves against you, then the whole portfolio will lose value. So, we should try to have stocks from different sectors, industries, ...
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