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Originally Posted by Texas Beta
Do cows count? I bought cows off of my parents to see what raising cattle was like / see if I could make some money. I bought two, I now have three, and so far I’m in the hole.
I am completely ignorant when it comes to investing money. I have money in two companies, each petroleum related. I invested in them for two reasons. The first is that they are the companies which handle all of our oil and natural gas stuff. The second is that they are very small companies in the oil business even though they profit hundreds of million each year. Companies like Exxon-Mobile gobble these small companies up left and right.
Anyway, for whatever reason, together they raised 5% today!
Does anyone have any recommendations of books to read on investing?
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Probably my favorite investing book has been "One Up on Wall St" by Peter Lynch. The Warren Buffet Way is another good one.