"One of the most fascinating books ever written about Wall
Street." -- --Martin W. Zweig, Market Forecaster
內容簡介:
The Investment Classic from Jack D. Schwager, Market Wizards ,
is back with a brand new, never-before-seen Preface and Afterword
from the author! "I''ve read the book 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 What separates the world''s
top traders from the vast majority of unsuccessful investors? Jack
Schwager sets out to answer tis question in his interviews with
superstar money-makers including Bruce Kovner, Richard Dennis, Paul
Tudor Jones, Michel Steinhardt, Ed Seykota, Marty Schwartz, Tom
Baldwin, and more in Market Wizards: Interviews with Top Traders ,
now in paperback and ebook. This classic interview-style investment
text from a financial expert is a must-read for traders and
professional financiers alike, as well as anyone interested in
gaining insight into how the world of finance really works. Filled
with anecdotes about market experiences, including the story of a
trader who after wiping out several times, turned $30,000 into $80
million and an electrical engineer from MIT whose computerized
trading has earned returns of 250,000 percent over sixteen years
Identifies the factors that define a successful trader Now availabe
as in digital formats. One of the most insightful, bestselling
trading books of all time.
關於作者:
Jack D. Schwager is a recognized industry expert on futures
and hedge funds and the author of a number of widely acclaimed
financial books. He is currently the co-portfolio manager for the
ADM Investor Services Diversified Strategies Fund, a portfolio of
futures and FX managed accounts. He is also an advisor to
Marketopper, an India-based quantitative trading firm. Previously,
Mr. Schwager was a partner in the Fortune Group, a London-based
hedge fund advisory firm, which specialized in creating customized
hedge fund portfolios for institutional clients, and also spent
over twenty years as a director of futures research for some of
Wall Street''s leading firms.
目錄:
Preface to the Paperback Edition
Preface
Acknowledgments
Prologue
My Own Story
Part I Futures and Currencies
Taking the Mystery Out of Futures
The Interbank Currency Market Defi ned
Michael Marcus: Blighting Never Strikes Twice
Bruce Kovner: The World Trader
Richard Dennis: A Legend Retires
Paul Tudor Jones: The Art of Aggressive Trading
Gary Bielfeldt: Yes, They Do Trade T-Bonds in Peoria
Ed Seykota: Everybody Gets What They Want
Larry Hite: Respecting Risk
Part II Mostly Stocks
Michael Steinhardt: The Concept of Variant Perception
William O''Neil: The Art of Stock Selection
David Ryan: Stock Investment as a Treasure Hunt
Marty Schwartz: Champion Trader
Part III A Little Bit of Everything
James B. Rogers, Jr.: Buying Value and Selling
Hysteria
Mark Weinstein: High-Percentage Trader
Part IV The View from the Floor
Brian Gelber: Broker Turned Trader
Tom Baldwin: The Fearless Pit Trader
Tony Saliba: "One-Lot" Triumphs
Part V The Psychology of Trading
Dr. Van K. Tharp: The Psychology of Trading
The Trade: A Personal Experience
Postscript: Dreams and Trading 4
Final Word
What I Believe 22 Years Later 4
Appendix 1: Program Trading and Portfolio Insurance
Appendix 2: Options-Understanding the Basics
Glossary
Excerpt: Edward Thorp