OzRes Blog

http://www.virtualtrader.co.uk/

UK’s largest and best Stockmarket simulation game. Experience the thrill of investing with no risk. It’s completely free to play.

Virtual Trader is the most comprehensive Investment Simulation Game available, offering its users the opportunity to gain practical experience trading stocks under real market conditions, against their actual and current prices.

Start with a portfolio of £100,000 of virtual money and trade stocks listed on the London Stock Exchange (FTSE 100). Conduct limit orders, build your own private game and more!

http://www.thegreatgame.com/

The Great Game™ is an on-line educational fantasy stock trading game where you can experience investing in shares on the UK stock market without any risk or costs or any fear of losing your shirt if you do get it wrong!

It’s free, really easy to use and you don’t have to know anything about the stock market or investments to play.

Once you have registered you are allocated an initial virtual sum of money with which to invest in companies quoted on the TGG stock market. You can then build a portfolio of stocks trading in the TTG Exchange, buying and selling shares in companies which are valued on a real market data feed.

And the objective of the game? It’s easy really - you just increase the value of your portfolio of stocks greater than that of the other game players.

This Game started on Monday 10th September and will end on Friday 5th October

http://www.asx.com.au/investor/education/games/

Public Sharemarket Game

• The Game challenge is to increase the value of your share portfolio in a set time frame
• Simulates real sharemarket conditions as you buy and sell shares online using “real time” share prices
• Registrations for Game 1 2008 are now closed
• Trading commenced on 21 February and closes on 5 June 2008.

http://simulator.investopedia.com/

http://vse.marketwatch.com/Game/Homepage.aspx

http://www.howthemarketworks.com/

http://beginnersinvest.about.com/od/stockmarketgame/Stock_Market_Game.htm

http://investsmart.coe.uga.edu/C001759/stocksquest/mystocks.htm

http://www4.gsb.columbia.edu/valueinvesting/

I’d be a bit weary of how Finance is taught at Columbia now… If I remember correctly, Warren himself has disagreements over the way it’s taught there & thus refused to offer any contributions to the department.

I stand to be corrected on this.

http://en.wikipedia.org/wiki/Think_and_Grow_Rich

Written by Napoleon Hill at the end of the Depression.

I got given a book called “Rich Dad Poor Dad” written by Robert T. Kiyosaki by my friend the other day.

I always knew of this book because it sold quite well & continues to do so I believe. Once I started reading it, I got quite excited. The more I read, however, the more I thought that this guy’s a load of b/s.

You realise by the time you’re nearing the end of the book, that there’s not much to be learned from this book. It’s definitely written for naive idiots who end up quitting their job only to regret their decision.

I found an incredibly useful site here where John Reed, a millionaire real-estate investor, gives a damning review. It’s very long & has received considerable attention. Enough for the great RK (that’s what Robert’s followers call him) to write a response to the criticisms put against him. However, his response is joke. You can find it on the web by searching something like “response to reed”.

I’ve just finished the Art of the Deal by Trump also. It’s not a bad book despite what I might’ve said earlier. Although there’s quite a bit of self-promoting crap, it’s really quite interesting to read. I thoroughly recommend anyone interested in real estate to give it a read. I don’t care much for what’s produced through Trump’s University, however. I also watched The Apprentice (again) & liked the way he dealt with the apprentices.