Market Wizards: Interviews with Top Traders - Couverture rigide

Schwager

Couverture rigide

ISBN 10 : 0135560934 ISBN 13 : 9780135560938

Editeur : Penguin Adult HC/TR, 1989

Synopsis

Book by Jack D Schwager

A propos du livre

Quatrième de couverture :

How do some of the world s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard–of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

Hear about:

Turning a $30,000 account in $80 million!
Having a fund average a 30% annual return over 21 years!
Parlaying $25,000 into $2 billion worth of T–bond future trading in a day!
Managing funds that have registered triple–digit gains five years in a row!
Realizing an astounding 250,000% return on accounts over 16 years!

Today, Bruce Kovner may well be the world s largest trader in the interbank currency and futures markets. In 1987 alone, he scored profits in excess of $300 million for himself and the fortunate investors in his funds. During the past ten years, Kovner has realized a remarkable 87 percent averaged annual compounded return. Two thousand dollars invested with Kovner in early 1978 would have been worth over $1,000,000 ten years later.

Quatrième de couverture :

THE INVESTMENT CLASSIC

"I′ve read Market Wizards at several stages of my career as it shows the staying power of good down–to–earth wisdoms of true practitioners with skin in the game. This is the central document showing the heuristics that real–life traders use to manage their affairs, how people who do rather than talk have done things. Twenty years from now, it will still be fresh. There is no other like it."
NASSIM N. TALEB, former derivatives trader, author of The Black Swan, and professor, NYU–Poly

"Market Wizards is one of the most fascinating books ever written about Wall Street. A few of the ′Wizards′ are my friends and Jack Schwager has nailed their modus operandi on the head."
MARTIN W. ZWEIG, PhD, Editor, The Zweig Forecast

"It is difficult enough to develop a method that works. It then takes experience to believe what your method is telling you. But the toughest task of all is turning analysis into money. If you don′t believe it, try it. These guys have it all: a method, the conviction, and the discipline to act decisively time after time, regardless of distractions and pressures. They are heroes of Wall Street, and Jack Schwager′s book brings their characters vividly to life."
ROBERT R. PRECHTER, JR., Editor, The Elliott Wave Theorist

À propos de cette édition

• Éditeur: Penguin Adult HC/TR
• Date d'édition: 1989
• ISBN 10: 0135560934
• ISBN 13: 9780135560938
• Reliure: Relié
• Nombre de pages: 900