Inside the Mind of the Turtles: How the World's Best Traders Master Risk - Couverture rigide

FAITH

Couverture rigide

ISBN 10 : 0071602437 ISBN 13 : 9780071602433

Editeur : McGraw Hill, 2009

Synopsis

"I like risk. I embrace risk." -Turtle trader Curtis Faith

Risk is scary, to be sure, but it's a fundamental aspect of the investing world. Without it, profit would not exist. The trick is to accept, anticipate, manage, and mitigate risk. In other words, master it.

In Way of the Turtle, Curtis Faith revealed the extraordinarily successful trading system of the now-famous group of investors known as the Turtles. Now, in this highly anticipated follow up to that bestseller, Faith delves deeply into the risk-mastery strategies that made the Turtles the envy of the investing world.

Inside the Mind of the Turtles provides expert insight into how great traders combat the natural but counterproductive response to risk. Faith begins by examining the nature of risk and the human being's natural response to it. Then he outlines proven techniques for seizing control of it. You will learn how to:

• Set your main focus on acquiring gains--not avoiding losses
• Place equal importance on assets already spent and those still on hand
• Judge the quality of decisions based on their inception rather than their outcome
• Avoid drawing conclusions using too little information

You'll find valuable advice not only from Faith, but from some of the greatest financial minds on the scene today, including fellow Turtle Jerry Parker, venture capitalist Simon Olson, and Howard Lindzon, founder of the popular Web site, "WallStrip." Use their collective advice, and you'll find yourself approaching risk in ways you never dreamed possible.

In today's economy, controlling your aversion to risk is not just prudent--it's an absolute necessity. Economic turbulence more often than not leads to poor investment decisions. Inside the Mind of the Turtles will help you conquer the fears that can cripple even the most experienced investors out there.

A propos du livre

À propos de l'auteur

Curtis Faith is the author of the bestselling Way of the Turtle. In his early twenties, Faith earned more than $30 million as a member of the Chicago trading group, the Turtles. He founded several software and high-tech startups, including a public company and an Inc. 500 firm.

Détails de l'édition

• Éditeur: McGraw Hill
• Date d'édition: 2009
• Langue: anglais
• ISBN 10: 0071602437
• ISBN 13: 9780071602433
• Reliure: Relié
• Numéro d'édition: 1
• Nombre de pages: 240
• Coordonnées du fabricant: non disponible
• Personne responsable: GPSR Kontakt; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Allemagne