Richer Than Buffett

By Jacques Magliolo

Business | eBook


#3 IN THE INTERNATIONALLY ACCLAIMED THE MILLIONAIRE SERIES. To succeed as a day trader you need to be re-educated, your mindset needs re-adjusting. In every conceivable way. Over 95% of day traders lose money in their first year of operation. But those who persevere into the second year of trading, having gone through harsh (but valuable) lessons, tend to love the excitement of being self-employed in an industry that can turn funds into millions. I have seen many traders succeed, but even more fail and give up in the first three months of trading. Make no mistake, this is not a career for everybody and those who believe that they will make billions without encountering problems will quickly find their hard-earned cash turning to cents. Of course, some new traders do get lucky. The rest get wiped out. Why do so many new traders wipe out their capital in a short time? The answer is rather simple. If you start a business without the right information and foundation, financial trouble will follow. Most day traders simply don’t know what they’re doing. Usually, the reason comes down to a lack of understanding … This book provides the necessary information and understanding to become the best day trader you can be.


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#3 IN THE INTERNATIONALLY ACCLAIMED THE MILLIONAIRE SERIES. To succeed as a day trader you need to be re-educated, your mindset needs re-adjusting. In every conceivable way. Over 95% of day traders lose money in their first year of operation. But those who persevere into the second year of trading, having gone through harsh (but valuable) lessons, tend to love the excitement of being self-employed in an industry that can turn funds into millions. I have seen many traders succeed, but even more fail and give up in the first three months of trading. Make no mistake, this is not a career for everybody and those who believe that they will make billions without encountering problems will quickly find their hard-earned cash turning to cents. Of course, some new traders do get lucky. T...


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Jacques is an economist, corporate strategist and advisor to global multinationals and an internationally bestselling published author, speaker and lecturer. Jacques has been an investment and corporate strategist since 1987. He started his career as a financial journalist for the Financial Mail, before being headhunted into stockbroking. Since 1987, Jacques has worked for numerous publications and stockbroking firms, including the publications Business Day, Mail & Guardian, the UK-based Petroleum Economist and The Star. On the analytical side, Jacques has worked for Rating Agency IBCA International, stockbrokers EW Baldersons, Frankel Pollak Vinderine, CA Miller Raw & Co and was head of research and a director at Global Capital Securities. Today, Jacques is CEO of corporate strategy firm Business Consultants International, which concentrates on complex and technical industry due diligences, such as projects in Astrophysics, Defence, Water Treatment, Chemical and Energy sectors. Jacques' clients are from both JSE/AltX listed and private firms, universities and global agencies. These include extensive work for Anglo American Corporation, Anglo Coal, Anglo Platinum, Chamber of Mines and Coaltech. In addition, Jacques has also regularly been interviewed on SABC's News Today, SummitTV and CNBC Africa. Born in Morocco, Jacques moved to South Africa and began his career for the Financial Mail in 1987, before moving into stockbroking in 1990. Today Jacques lives in Cape Town with his wife Kathy and children.


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Jacques is an economist, corporate strategist and advisor to global multinationals and an internationally bestselling published author, speaker and lecturer. Jacques has been an investment and corporate strategist since 1987. He started his career as a financial journalist for the Financial Mail, before being headhunted into stockbroking. Since 1987, Jacques has worked for numerous public...


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