After my last post I received numerous emails requesting the top 10 books in my wealth library. Rather than limit myself to just trading related books, I picked out my “top 10 books of all time”.

Here they are listed in no particular order…

1. The Art Of War – Sun Tzu. (Click Here)
Despite its name, this book is not just about war – many of the strategies can be applied to love, life and entrepreneurialism.

2. Poor Charlie’s Almanack – The Wit and Wisdom of Charles T. Munger. (Click Here)
Charles T. Munger is Warren Buffet’s right hand man at Berkshire Hathaway. This book is filled with gold nuggets, you really can’t go wrong studying one of the most successful investors of all time.

3. How I Made 2 Million Dollars In The Stock Market – Nicolas Darvas (Click Here)
Many of my subscribers already know that my trading method is based on the Darvas Box method. Darvas’ first book is an entertaining read with many valuable insights.

4. Trade Your Way To Financial Freedom – Dr. Van Tharp (Click Here)
Although quite dense at times, this book had the single biggest impact on my trading career. The key to trading success is: 1. risk management 2. risk management 3. risk management!

5. Think And Grow Rich – Napoleon Hill (Click Here)
Cited as one of the greatest personal devolvement books of all time. Discover the law of attraction – the original ‘secret’ – and change your life forever.

6. Getting Things Done – David Allen (Click Here)
With one million things to do, you must learn to manage your time. David Allen’s book is without doubt the best book I’ve read on time management. The second best would be “The Effective Executive” by Peter Drucker.

7. Trading In A Nutshell – Stuart McPhee (Click Here)
I know I’m a little biased since Stuart is my business partner, but I truly do believe his book should be part of your personal wealth library.

8. Losing My Virginity – Richard Brandson (Click Here)
Every self respecting entrepreneur needs to read the story of Richard Brandson. I very much admire what Richard has built over the years and found loads of lessons in this book.

9. Essays of Warren Buffet: Lessons For Corporate Amercia – Warren Buffet (Click Here)
If you’re looking to create wealth, why not learn from the richest man in the world?

10. How to Win Friends and Influence People – Dale Carnegie (Click Here)
To be considered ‘interesting’ to others, you must first learn to be interested in others. This is but one of the many lessons I learned in this classic personal development book.

What do you think of my top 10? Do you agree or disagree? Did I leave any books out you think should be in the top 10? Post your comments below and let everyone know what you think!

Your business/trading philosopher,
David Jenyns

Ps. A few days ago Mark McRae was in Melbourne and I caught up with him for dinner. We recorded an interview (which I’ll post shortly on www.onlinetradingmastermind.com) and I even snapped a few photos. Here’s one taken inside one of my clothing stores.

Stuart McPhee has been working extremely hard over the past few months on a top secret project. Now it’s time to reveal all…

Stuart’s book “Trading In A Nutshell” has just been released in its 3rd edition.

When you consider most books never even make it to print, let alone make it to the third edition, you’ve gotta figure he’s doing something right.

I’m very impressed with what Stuart’s put together and think it’s a worthy addition to any trader’s library.

Which leads me to an important point… You need to start building your own wealth library! All the most successful people I’ve been fortunate to meet have had their own library. Have you?

I’ve been building my library over the past 5 years… a book here, a book there, and before I knew it I’ve got over 128 highly recommended and all hand picked books. I’ve even managed to track down some extremely rare editions too. Here’s what my library looks like at the moment.

I suggest you add Stuart’s book to your current library or make it the first book in your new library… I’ve even got Stuart to agree to not only reserve you a copy but he’s going to sign it too (limited to the first 200 copies).

If you want to grab your signed copy visit: http://www.tradinginanutshell.com

Whatever you do, you need to start building your wealth library today! That’s it for now… NOW GET BACK TO WORK!

Your business/trading philosopher,
David Jenyns

Ps. When Stuart and I recorded the video for http://www.tradinginanutshell.com I snapped the shot below. It’s behind the scenes at my new secret headquarters in Carlton North, Victoria, Australia.

Many have been anxiously waiting for me to release the “Ultimate Trading Systems 2.0″ and I was hoping to have it out by now. It’s now looking like it will be released some time late next month. Thanks to everyone for their patience. It will be well worth the wait.

I’m not going to rush it. This project is extremely important to me and I’m only going to release it when it’s 100% ready. So everyone will just have to continue being patient. And, yes, I know it’s been well over A YEAR since I originally announced that I was working on this. I’m dying to ‘let the cat out of the bag’ (even some of it) so here’s a spy photo of what I’m working on:

As you can see there’s some extensive rewriting going on here In fact, I’ve almost completely rewritten this book from the ground up.

I originally wrote the Ultimate Trading Systems almost 4 years ago and as you can imagine my trading methods have evolved significantly. I’ve made some amazing new breakthroughs I’m exited to share with you.

But here’s the best news…

I really want your feedback because it’s my goal to make this book the definitive guide to trading system design. If you’re happy to help I’m going to give you a free copy.

I’ll shoot you an email when I’m ready to go.

That’s it for now… NOW GET BACK TO WORK!

Your business/trading philosopher,
David Jenyns

Let’s kick things off with a story any entrepreneur could be proud of…

The day I sold the Melbourne Cricket Ground (MCG).

It all started back in late 2003 as I was driving through Richmond, Melbourne. At the time there was a complete redevelopment being done on the MCG Ponsford stand. A story I had just been reading about a guy called Paul Hartunian – an American who made a fortune selling pieces of the Brooklyn Bridge – was fresh in my mind.

To cut a long story short, Paul got his hands on the discarded wood from the Brooklyn Bridge renovations. Then, after distributing a press release with the headline “New Jersey Man Sells the Brooklyn Bridge… for 14.95”, he went ahead and cut the wood into pieces, sticking them to a homemade certificate.

As Paul puts it, “the phone started ringing like crazy; reporters were coming to my door. I was doing interviews for newspapers, magazines, radio shows, television shows. Every time an interview would run, more reporters wanted to do a story on the guy who was really selling the Brooklyn Bridge.”

Paul went on to make over 1 million dollars selling his $14.95 certificates!

…Now back to my story

As I was saying… I was driving past the MCG and I’m sure you can imagine, thinking about duplicating Paul’s success, it was like fireworks started in my mind.

Almost immediately I hopped on the phone, tracked down the wreckers and scored myself all the discarded MCG wood and carpet I could get my hands on.

Following in Paul Hartunian’s footsteps I sold the MCG… watch the video below to see what happened next.

I went on to get loads of media coverage:

Of course, like any captivating story, that’s only the start… over the next few weeks I’ll tell you:

- How another young entrepreneur beat me to the punch.
- How the Herald Sun newspaper stodged me.
- and why the MCG sent me a cease and desist letter.

The astute reader will come to see there are many lessons to be learned in my stories.

The takeaway insight here is: “It’s ok to copycat your way to success.” Not only is it “ok”, I think it’s one of the smartest things you can do. In fact, I use a technique called “modeling”, a method of learning that occurs as a function of observing, retaining and replicating patterns of language and behavior observed in others.

But more on this another day… NOW GET BACK TO WORK!

Your business philosopher,

David Jenyns

Ps. Be sure to check out the website: www.owntheg.com