The Ulysses Contract How to never worry about the share market again

by Kemp, Michael

• ISBN13: 9781922611604
• ISBN10: 1922611603
• Format: Paperback
• Copyright: 2023-01-24
• Publisher: Major Street Publishing

Summary

Avoid share market traps and create a watertight plan for long-term investment success. Most of us know the Greek myth of Ulysses. He made a pact with his ship's crew ordering them to block their ears with wax and tie him to the mast of the ship while they steered past an island inhabited by mythological creatures called Sirens. This story inspired the term ‘ Ulysses Contract’ , which is a commitment device that helps us to build and maintain good habits and decisions despite future temptations. In The Ulysses Contract, Michael Kemp uses the Ulysses analogy to warn of the 'sirens' that tempt investors to part with their money and demonstrates how to put in place a successful investment plan that embodies discipline, consistency and patience. Written with masterful storytelling that expertly explains complex investment concepts, you will learn how to: • avoid get-rich-quick temptations – think cryptocurrency and day trading • learn from the lessons of history – it’ s NOT different this time • develop a long term, low-risk investing strategy. Armed with this knowledge you will become empowered to make sound investment decisions and obtain your own slice of financial freedom.

Author Biography

Dr Michael Kemp commenced his career in finance during the mid-1980s bull market. He has worked as a trader for Bankers Trust, an interest rate liability manager for the Australian Wheat Board, and in the Corporate Finance department of stockbroking firm Potter Warburg. Most recently he worked for nine years as an investment analyst for Scott Pape, the Barefoot Investor. As a young financier he was awarded the Ian Roach Prize for achieving first place nationally among employees of the Australian Securities Exchange studying for the Graduate Diploma in Applied Finance and Investment.