Why Financial Investors Should Know Their History

| Total Words: 412

If you want to be successful with your financial investing, it is important to know your history. Studying the stories of past investors can teach you important financial principles. Principles do not change. A principle is a basic truth, law or perception and knowing and understanding the principles of financial investing can save you a lot of stress and help you protect your investments.

If you invest your money, odds are good that you know who Steve Forbes is and you also know that he has been publishing a successful financial magazine appropriately titles Forbes. Richard Phalon has been a contributing editor to Forbes since 1980. Before that, he spent his time at the New York Times covering personal finance, Wall Street, urban affairs, and politics.

Phalon has authored a book which has been made into an audiobook titled Forbes Greatest Investing Stories which is a great collection of well known investors and how their stories can help with dealing with the turbulent markets of the twenty first century.

In this audiobook, Phalon illustrates past investors like Benjamin Graham and T. Rowe Price’s experience can relate to the new world of the...

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