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Taming the Lion: 100 Secret Strategies for Investing by Richard Farleigh

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1. Markets

1.0 The different markets have many useful similarities

As a youngster my first ambition was to be a bushranger just like Ned Kelly. This nineteenth century outlaw was Australia’s own Robin Hood, except that he fought against police injustice wearing his bullet-proof helmet and vest made from steel. Eventually caught and sentenced to hang, his last words were “such is life”.

My ambitions improved slightly as I grew older, and in my teens I thought of being a religious minister, or of trying my luck as a professional chess player. These things faded, however, and as I finished high school in Sydney in the late 1970s, my plan was to be an economist. The little bit of economics that I had learnt had whetted my appetite. Economics ...

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