good advice is never outdated

A friend tipped me to REMINICENCES OF A STOCK OPERATOR, originally published in 1923. He told me that everything in the book related to the poker table as well as to the stock market.
I have to agree with him, and highly recommend checking this one out if you get a chance.

Wise words are never outdated, like this from page 134:
"It is the way a man looks at things that makes or loses money for him in he speculative markets [poker tables].... The professional concerns himself with doing the right thing rather than with making money, knowing that profit takes care of itself if the other things are attended to.... It gets to be an instinct to play for position."

In other words, make the right play, and don't worry about short term results, and the profit will follow.

One turn of phrase that I particularly enjoyed in the book is this (page 272):
"His name was as familiar to the readers of the metropolitan press as though he had been sued for breach of promise by a sixteen-year-old manicurist possessing a five-thousand-dollar mink coat and one hundred and thirty-two letters from the defendant."

If you get a chance to pick up REMINISCENCES OF A STOCK OPERATOR by Edwin Lefevre, it's worth the time.