How to Become Rich: Buy Low and Sell High

Matt and Ezra both comment on my post that most of the largest Chinese firms are state-owned or controlled by state-owned banks.  (Both blogs, by the way, have interesting running coverage of the same China trip.)  How can this be the case in the world's greatest economic growth m

When I applied to law school in 1975, the nation was recovering from a severe and prolonged recession. Even so, I always assumed that I’d be able to make a comfortable living with a legal degree, although I didn’t think that practicing law would make me rich.

Mint.com user and Facebook fan Aaron writes: It would be great to have a post that lists out some of the top books to read for personal finance.

The high rates of economic growth in Asia has immensely increased the number of wealthy citizens as well as the “super rich”, reported Financial Times.   

By George Kesarios:When buying any stock, the name of the game is to buy low and sell high. Naturally when I say buy low and sell high I mean on a nominal basis. The whole point of investing is to buy a stock at $10 and sell at $20.However, nominal profit is not always something that can be accomplished, because the market has a mind of its own and will not do our biding. In fact, the market is like the devil in disguise. It will try to trick us at every corner.

By Chimera Research Group:Duchenne's Muscular Dystrophy [DMD] is a genetic disorder that afflicts approximately 1 out of every 3,600 male infants. The inherited disease is caused by mutations in the gene for dystrophin- a muscle protein- resulting in muscle weakness at an early age that quickly worsens over time. Breathing difficulties and heart disease typically begin in the early twenties, eventually leading to death.

By Regarded Solutions:Now that a new month is here, and we have seen an 11.7% total increase in our portfolio (read this) value from 11/23/2011, we can focus on taking some key actions that hopefully will give us even greater returns for our next review. Here are the actions we have taken. Actions Taken 1/31/2011

|Peter Boettke|