Warren Buffett tried to persuade Bill Gates to spend close to $400 million on an engagement ring, according to “The Deals of Warren Buffett Volume 2: The Making of a Billionaire.”

Warren Buffett tried to persuade Bill Gates to spend close to $400 million on an engagement ring, according to “The Deals of Warren Buffett Volume 2: The Making of a Billionaire.”

I first heard this story over the weekend. It appeared in a book last month called The Deals of Warren Buffett Vol. 2, and was cited on Business Insider.

I downloaded the book to my Kindle and read most of it. It’s a bit dense, but filled with insight. I suspect you’ll be hearing more about it.

I just received my copy of the new book Leveraged Trading, written by Rob Carver and I was not disappointed. I have written before about enjoying his past two books, Systematic Trading and Smart Portfolios. His latest book is not just the best coverage of the topic of leveraged trading of small portfolios I’ve read, it’s actually the only good one I’ve come across.

The prevailing attitudes in this part of trading tends to be based on marketing and misinformation trumpeted out by brokers, self proclaimed gurus and people who want to sell you ‘forex robots’. The gist of what you see most of the time is that you should only trade forex, as that is somehow cheap and easy to make money from, and that you should take take high risk, aiming for hundreds of percent a year.