Free Ebook What I Learned Losing a Million Dollars (Columbia Business School Publishing)
As we explained in the past, the technology aids us to always realize that life will be constantly simpler. Reading publication What I Learned Losing A Million Dollars (Columbia Business School Publishing) habit is additionally among the advantages to obtain today. Why? Technology could be utilized to offer the book What I Learned Losing A Million Dollars (Columbia Business School Publishing) in only soft file system that can be opened each time you desire and also everywhere you require without bringing this What I Learned Losing A Million Dollars (Columbia Business School Publishing) prints in your hand.
What I Learned Losing a Million Dollars (Columbia Business School Publishing)
Free Ebook What I Learned Losing a Million Dollars (Columbia Business School Publishing)
Reserve What I Learned Losing A Million Dollars (Columbia Business School Publishing) is among the priceless worth that will certainly make you always rich. It will certainly not mean as abundant as the cash offer you. When some individuals have lack to face the life, people with lots of books occasionally will certainly be better in doing the life. Why need to be publication What I Learned Losing A Million Dollars (Columbia Business School Publishing) It is in fact not suggested that book What I Learned Losing A Million Dollars (Columbia Business School Publishing) will certainly offer you power to reach everything. The e-book is to read and what we suggested is the book that is reviewed. You can likewise see exactly how the publication qualifies What I Learned Losing A Million Dollars (Columbia Business School Publishing) and numbers of book collections are offering right here.
Feel so eased to find and wait this book lastly comes show up. It is the advised enough for you who are still puzzled to obtain new reading publication. When other books featured the indication of best seller, this publication is greater than it. This is not only concerning the best vendor one. What I Learned Losing A Million Dollars (Columbia Business School Publishing) is one book that will make you end up being finest person, minimally the far better individual after getting the lesson. The lesson of this publication is frequently as just what you have to do.
Related to this What I Learned Losing A Million Dollars (Columbia Business School Publishing), you could get it here directly. This publication is among the collections in this internet collection to read easily. With the innovative technology, we will certainly show you why this book is referred. It is type of completely updated publication with great heading of the text and also examples. Some workout as well as applications exist that will make you really feel a lot more innovative. Associated with this situation, this book is provided to make the appropriate option of analysis products.
The presence of the on-line publication or soft documents of the What I Learned Losing A Million Dollars (Columbia Business School Publishing) will relieve individuals to get guide. It will likewise save more time to just browse the title or author or publisher to obtain till your publication What I Learned Losing A Million Dollars (Columbia Business School Publishing) is exposed. Then, you could visit the web link download to go to that is offered by this internet site. So, this will certainly be a great time to start appreciating this book What I Learned Losing A Million Dollars (Columbia Business School Publishing) to check out. Constantly great time with book What I Learned Losing A Million Dollars (Columbia Business School Publishing), always great time with cash to invest!
Review
Worthwhile reading for those who don't believe in the holy grail in the markets; a must-read for those who do. (Jack Schwager, author of Hedge Fund Market Wizards)A novel approach aimed at pushing you inside your head and outside the losing habits most folks adopt right after multiple successes. A must-have for traders blessed with a string of hot trades. (Ken Fisher, Fisher Investments FORBES)At Ned Davis Research, we like to say that we are in the business of making mistakes and that the only difference between winners and losers is that winners make small mistakes and losers, big mistakes. This book does an excellent job in explaining in simple English the potential psychological 'flaws' that cause investors to make big mistakes. (Ned Davis, Ned Davis Research, Inc.)One of the rare noncharlatanic books in finance. (Nassim Nicholas Taleb, from Antifragile: Things That Gain from Disorder)Plenty of books recount past successes or focus on how to make money in the market, but what about keeping the money you already have? This may seem like a high-class problem, but it is a very real challenge for investors with substantial capital. (John Mihaljevic Beyond Proxy)[An] enlightening read. (Brenda Jubin Investing.com)The book points out very early that many successful investors have opposing styles and theories on how to make money, and that they can not all be right at the same time. The most important point to take from the book is how to avoid losing money... (Steve Osbiston Financial Times Advisor)
Read more
About the Author
Jim Paul (1943–2001) was first vice president in charge of the Morgan Stanley Dean Witter & Co. International Energy Unit in New York City. During his twenty-five-year career in the futures industry, he was a retail broker, floor trader, and research director and served on the Chicago Mercantile Exchange Board of Governors and the Executive Committee.Brendan Moynihan is a managing director at Marketfield Asset Management LLC, where his understanding of markets and the media helps shape their macro views and allocations. He is an adjunct professor of finance at Vanderbilt University's Owen Graduate School of Management. He is also the author of Financial Origami: How the Wall Street Model Broke. He lives in Barrington Hills, Illinois, with his wife and two sons.Jack Schwager is the author of the best-selling Market Wizard series as well as the three-volume Schwager on Futures. His latest work, Market Sense and Nonsense, was published in November 2012. He is currently the portfolio manager for the ADMIS Diversified Strategies Fund. His experience includes twenty-two years as director of futures research for some of Wall Street's leading firms.
Read more
Product details
Series: Columbia Business School Publishing
Hardcover: 192 pages
Publisher: Columbia University Press; 1 edition (April 30, 2013)
Language: English
ISBN-10: 0231164688
ISBN-13: 978-0231164689
Product Dimensions:
5.8 x 0.8 x 8.2 inches
Shipping Weight: 7 ounces (View shipping rates and policies)
Average Customer Review:
4.4 out of 5 stars
180 customer reviews
Amazon Best Sellers Rank:
#6,604 in Books (See Top 100 in Books)
An alternative title to this book could be, "What I learned losing my ego."After describing a meteoric rise to the top of the Chicago food chain, Jim Paul essentially boils down the secret of his success to being a cocky punk with an exceptional lucky streak that had to run out.I think he gives himself less credit than he deserves in ascribing all his early success to luck--it takes confidence and selling ability to take advantage of the "lucky breaks" he got--but that is beside the point. His main message is that success fed his ego until he felt that winning was his birthright. He thought he could do no wrong, which led to inevitable downfall.One small quibble. The ironic thing about Paul's stories of loss are that he was 99% there most of the time. If he hadn't have let the bean oil get back to zero, he could have walked away with at least a couple hundred grand in profits... if he hadn't let the stock options purchased for an eighth (or whatever it was) go to zero after seeing them hit $4, he could have had six figures in profit there again, etcetera.... I got the impression that even the big downfalls in this book were actually success stories with "oops" endings tacked on.In this light, I didn't really understand the blurbs on the back talking about how Jim Paul shows you the perils of the trading game. What perils? The perils of not taking a huge, monster profit when it is sitting in front of your face?This is why I have to think the book will probably just reinforce the ideas that readers already have when they pick it up. Someone with a big ego and a small mind could easily think in the back of his mind, "Nice story, Jim... good thing I won't make the same mistakes you made. Because while you just thought you were the man, I actually AM the man, heh heh..." But then again this isn't much of a criticism. I mean, who can reach those types anyway?The last half of the book reads almost like someone else wrote it, and has some very good points. I liked the way he took comments from a bunch of the "pros" (traders who have won big and kept their winnings) and juxtaposed their ideas, to show how successful traders' thought processes are sometimes totally different and often contradict each other.It really hammers home the point that there are multiple paths up the profit mountain, and that discipline and defense are often the only truly common elements among a broad universe of strategies. I also thought the book made a really great point about odds--hat the reward to risk ratio on a trade has nothing to do with actual probability of success for that trade.An entertaining book worth a weekend read.
There are tons of books on how to be successful trading, and yet most people end up losing money. And this book represents the other side of the equation - People who lose money. The Author makes tons of money in essentially out of luck while he thinks himself as a genius to finally end up losing everything and realizing that he never really knew about trading. Author takes with him through all the stages of invincibiliity to hope to despair and everything in between ... More importantly how family suffers with him.Now this is where the book gets annoying. Between some interesting read, the author starts meandering into psychology and varying tangential topics . A reader wants to live the experience of how it feels to lose money - Not psychology lessons. There are great books like The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management (Wiley Trading) or Mind Over Markets: Power Trading with Market Generated Information, Updated EditionTASTYTRADE:If you are one of the masses, GOOGLE FOR 'TASTYTRADE'. It is a free website by Tom Sosnoff , founder of ThinkorSwim who is giving away brilliant pieces of research analysis and advice for free after big wins in his career.Also search for "KAREN SUPER TRADER" in youtube who made 45 MILLION DOLLAR GAINS in few years using techniques similar to Tom Sosnoff methodology. he is employing Data scientists, Research programmers, tons of back testing reports etc never even imaginable for a common man and giving away everything for free. His tradable and actionable content crushes CNBC. ( Nope, I am not paid by Tastytrade). He is proving to the world `option's is not reckless. In fact, the Shadowtrader segment of the Tastytrade broadcast was the one that introduced me to this book. While at tastytrade never miss their segments like Market Measures, Option Jive etc.The quality of research you get is unbelievable !
What I Learned Losing a Million Dollars (Columbia Business School Publishing) PDF
What I Learned Losing a Million Dollars (Columbia Business School Publishing) EPub
What I Learned Losing a Million Dollars (Columbia Business School Publishing) Doc
What I Learned Losing a Million Dollars (Columbia Business School Publishing) iBooks
What I Learned Losing a Million Dollars (Columbia Business School Publishing) rtf
What I Learned Losing a Million Dollars (Columbia Business School Publishing) Mobipocket
What I Learned Losing a Million Dollars (Columbia Business School Publishing) Kindle
0 komentar:
Posting Komentar