Stock Market Wizards

Stock Market Wizards

This book will feature interviews with a variety of traders who achieved phenomenal financial success during the glory days of the Internet boom.

Author: Jack D. Schwager

Publisher: Harper Collins

ISBN: 9780061857188

Category: Business & Economics

Page: 352

View: 982

The third in the bestselling Market Wizards series, this time focusing on the barometer of the economy—the stock market. It has been nearly a decade since the publication of the highly successful The New Market Wizards. The interim has witnessed the most dynamic bull market in US stock history, a collapse in commodity prices, dramatic failures in some of the world's leading hedge funds, the burst of the Internet bubble, a fall into recession and subsequent rumblings of recovery. Who have been the 'market wizards' during this tumultuous financial period? How did some traders manage to significantly outperform a stockmarket that during its heyday moved virtually straight up? This book will feature interviews with a variety of traders who achieved phenomenal financial success during the glory days of the Internet boom. In contrast with the first two Market Wizard books, which included traders from a broad financial spectrum—stocks, bonds, currencies and futures—this volume will focus on traders in the stockmarket.
Categories: Business & Economics

Hedge Fund Market Wizards

Hedge Fund Market Wizards

From the founder of the world's largest hedge fund to a manager going it alone, the traders interviewed in this book approach their field in radically different ways.

Author: Jack D. Schwager

Publisher: John Wiley & Sons

ISBN: 9781118273043

Category: Business & Economics

Page: 551

View: 407

Fascinating insights into the hedge fund traders who consistently outperform the markets, in their own words From bestselling author, investment expert, and Wall Street theoretician Jack Schwager comes a behind-the-scenes look at the world of hedge funds, from fifteen traders who've consistently beaten the markets. Exploring what makes a great trader a great trader, Hedge Fund Market Wizards breaks new ground, giving readers rare insight into the trading philosophy and successful methods employed by some of the most profitable individuals in the hedge fund business. Presents exclusive interviews with fifteen of the most successful hedge fund traders and what they've learned over the course of their careers Includes interviews with Jamie Mai, Joel Greenblatt, Michael Platt, Ray Dalio, Colm O’Shea, Ed Thorp, and many more Explains forty key lessons for traders Joins Stock Market Wizards, New Market Wizards, and Market Wizards as the fourth installment of investment guru Jack Schwager's acclaimed bestselling series of interviews with stock market experts A candid assessment of each trader's successes and failures, in their own words, the book shows readers what they can learn from each, and also outlines forty essential lessons—from finding a trading method that fits an investor's personality to learning to appreciate the value of diversification—that investment professionals everywhere can apply in their own careers. Bringing together the wisdom of the true masters of the markets, Hedge Fund Market Wizards is a collection of timeless insights into what it takes to trade in the hedge fund world.
Categories: Business & Economics

Market Wizards Updated

Market Wizards  Updated

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.

Author: Jack D. Schwager

Publisher: John Wiley & Sons

ISBN: 9781118273050

Category: Business & Economics

Page: 512

View: 482

The world's top trader's reveal the secrets of their phenomenal success! How do the world's most successful traders amass tens, hundreds of millions of dollars a year? Are they masters of an occult knowledge, lucky winners in a random market lottery, natural-born virtuosi—Mozarts of the markets? In search of an answer, bestselling author Jack D. Schwager interviewed dozens of top traders across most financial markets. While their responses differed in the details, all of them could be boiled down to the same essential formula: solid methodology + proper mental attitude = trading success. In Market Wizards Schwager lets you hear, in their own words, what those super-traders had to say about their unprecedented successes, and he distils their responses down into a set of guiding principles you can use to become a trading star in your own right. Features interviews with superstar money-makers including Bruce Kovner, Richard Dennis, Paul Tudor Jones, Michel Steinhardt, Ed Seykota, Marty Schwartz, Tom Baldwin, and more Tells the true stories behind sensational trading coups, including the one about the trader who turned $30,000 into $80 million, the hedge fund manager who's averaged 30% returns every year for the past twenty-one years, and the T-bond futures trader who parlayed $25,000 into $2 billion in a single day! "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, Ph.D., Editor, The Zweig Forecast
Categories: Business & Economics

Market Wizards Interviews with Top Traders

Market Wizards  Interviews with Top Traders

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.

Author: Jack D. Schwager

Publisher: John Wiley & Sons

ISBN: 9781118538715

Category: Business & Economics

Page: 480

View: 481

THE INVESTMENT CLASSIC "I've read Market Wizards at several stages of my careeras it shows the staying power of good down-to-earth wisdoms of truepractitioners with skin in the game. This is the central documentshowing the heuristics that real-life traders use to manage theiraffairs, how people who do rather than talk have done things.Twenty years from now, it will still be fresh. There is no otherlike it." —NASSIM N. TALEB, former derivatives trader, author ofThe Black Swan, and professor, NYU-Poly "Market Wizards is one of the most fascinating books everwritten about Wall Street. A few of the 'Wizards' are myfriends—and Jack Schwager has nailed their modus operandi onthe head." —MARTIN W. ZWEIG, PhD, Editor, The ZweigForecast "It is difficult enough to develop a method that works. It thentakes experience to believe what your method is telling you. Butthe toughest task of all is turning analysis into money. If youdon't believe it, try it. These guys have it all: a method, theconviction, and the discipline to act decisively time after time,regardless of distractions and pressures. They are heroes of WallStreet, and Jack Schwager's book brings their characters vividly tolife." —ROBERT R. PRECHTER, JR., Editor, The Elliott WaveTheorist
Categories: Business & Economics

The New Market Wizards

The New Market Wizards

Praise for THE NEW MARKET WIZARDS "Jack Schwager simply writes the best books about trading I've ever read.

Author: Jack D. Schwager

Publisher: John Wiley & Sons

ISBN: 9781118538784

Category: Business & Economics

Page: 408

View: 640

Praise for THE NEW MARKET WIZARDS "Jack Schwager simply writes the best books about trading I've ever read. These interviews always give me a lot to think about. If you like learning about traders and trading, you'll find that reading this book is time well spent." -Richard Dennis, President, The Dennis Trading Group, Inc. "Jack Schwager's deep knowledge of the markets and his extensive network of personal contacts throughout the industry have set him apart as the definitive market chronicler of our age." -Ed Seykota "Very interesting indeed!" -John Train, author of The Money Masters "Successful trading demands longtime experience because it requires firsthand knowledge. If there is a shortcut to this requirement, however, it is in reading about the experiences of others. Jack Schwager's book provides that shortcut. If you find yourself sweating upon occasion as you read, then you're as close to the trading experience as you can get without actually doing it yourself." -Robert R. Prechter, Jr., editor, The Elliott Wave Theorist THE NEW MARKET WIZARDS Some traders distinguish themselves from the herd. These supertraders make millions of dollars-sometimes in hours-and consistently outperform their peers. As he did in his acclaimed national bestseller, Market Wizards, Jack Schwager interviews a host of these supertraders, spectacular winners whose success occurs across a spectrum of financial markets. These traders use different methods, but they all share an edge. How do they do it? What separates them from the others? What can they teach the average trader or investor? In The New Market Wizards, these wildly successful traders relate the financial strategies that have rocketed them to success, as well as the embarrassing losses that have proven them all too human. Meet the Wizards of Wall Street: * Stan Druckenmiller, who, as manager of the Soros Quantum Fund, realized an average annual return of more than 38 percent on assets ranging between $2.0 and $3.5 billion * William Eckhardt, a mathematician who, in collaboration with trader Richard Dennis, selected and trained the now-legendary circle known as the Turtles * Bill Lipschutz, a former architect who, for eight years, was Salomon Brothers' largest and most successful currency trader * Blair Hull, a one-time blackjack player who began an options trading company with Asking the questions that readers with an interest in the financial markets would love to pose to the financial superstars, and filled with candid appraisals, The New Market Wizards takes its place as a classic.
Categories: Business & Economics

The Little Book of Market Wizards

The Little Book of Market Wizards

In The Little Book of Market Wizards, Jack Schwager seeks to distill what he considers the essential lessons he learned in conducting nearly four dozen interviews with some of the world's best traders.

Author: Jack D. Schwager

Publisher: John Wiley & Sons

ISBN: 9781118858691

Category: Business & Economics

Page: 211

View: 655

An accessible look at the art of investing and how to adopt the practices of top professionals What differentiates the highly successful market practitioners—the Market Wizards—from ordinary traders? What traits do they share? What lessons can the average trader learn from those who achieved superior returns for decades while still maintaining strict risk control? Jack Schwager has spent the past 25 years interviewing the market legends in search of the answers—a quest chronicled in four prior Market Wizards volumes totaling nearly 2,000 pages. In The Little Book of Market Wizards, Jack Schwager seeks to distill what he considers the essential lessons he learned in conducting nearly four dozen interviews with some of the world's best traders. The book delves into the mindset and processes of highly successful traders, providing insights that all traders should find helpful in improving their trading skills and results. Each chapter focuses on a specific theme essential to market success Describes how all market participants can benefit by incorporating the related traits, behaviors, and philosophies of the Market Wizards in their own trading Filled with compelling anecdotes that bring the trading messages to life, and direct quotes from the market greats that resonate with the wisdom born of experience and skill Stepping clearly outside the narrow confines of most investment books, The Little Book of Market Wizards focuses on the value of understanding one's self within the context of successful investing.
Categories: Business & Economics

Unknown Market Wizards

Unknown Market Wizards

Despite their anonymity, these traders have achieved performance records that rival, if not surpass, the best professional managers. Some of the stories include: - A trader who turned an initial account of $2,500 into $50 million.

Author: Jack D. Schwager

Publisher:

ISBN: 9780857198716

Category: Business & Economics

Page: 0

View: 788

REVISED PAPERBACK EDITION WITH NEW MATERIAL IN EVERY CHAPTER Jack D. Schwager has returned to the traders to ask them how they navigated the unprecedented markets of 2020–2022, including the pandemic bear market, an abrupt reversal to new highs, rising inflation, and the emergence of another bear market. All chapters updated with exclusive new interviews with the Unknown Market Wizards. The Market Wizards are back! Unknown Market Wizards continues in the three-decade tradition of the hugely popular Market Wizards series, interviewing exceptionally successful traders to learn how they achieved their extraordinary performance results. The twist in Unknown Market Wizards is that the featured traders are individuals trading their own accounts. They are unknown to the investment world. Despite their anonymity, these traders have achieved performance records that rival, if not surpass, the best professional managers. Some of the stories include: - A trader who turned an initial account of $2,500 into $50 million. - A trader who achieved an average annual return of 337% over a 13-year period. - A trader who made tens of millions using a unique approach that employed neither fundamental nor technical analysis. - A former advertising executive who used classical chart analysis to achieve a 58% average annual return over a 27-year trading span. - A promising junior tennis player in the UK who abandoned his quest for a professional sporting career for trading and generated a nine-year track record with an average annual return just under 300%. World-renowned author and trading expert Jack D. Schwager is our guide. His trademark knowledgeable and sensitive interview style encourages the Wizards to reveal the fascinating details of their training, experience, tactics, strategies, and their best and worst trades. There are dashes of humour and revelations about the human side of trading throughout. The result is an engrossing new collection of trading wisdom, brimming with insights that can help all traders improve their outcomes.
Categories: Business & Economics

Trade Like a Stock Market Wizard How to Achieve Super Performance in Stocks in Any Market

Trade Like a Stock Market Wizard  How to Achieve Super Performance in Stocks in Any Market

" -- JACK SCHWAGER, bestselling author of Stock Market Wizards "Mark's book has to be on every investor's bookshelf. It is about the most comprehensive work I have ever read on investing in growth stocks.

Author: Mark Minervini

Publisher: McGraw Hill Professional

ISBN: 9780071807234

Category: Business & Economics

Page: 336

View: 447

"Minervini has run circles around most PhDs trying to design systems to beat the market." -- JACK SCHWAGER, bestselling author of Stock Market Wizards "Mark's book has to be on every investor's bookshelf. It is about the most comprehensive work I have ever read on investing in growth stocks." -- DAVID RYAN, three-time U.S. Investing Champion "[Minervini is] one of the most highly respected independent traders of our generation. His experience and past history of savvy market calls is legendary." -- CHARLES KIRK, The Kirk Report "One of Wall Street's most remarkable success stories." -- BEN POWER, Your Trading Edge THE INVESTOR'S GUIDE TO SUPERPERFORMANCE! Dramatically increase your stock market returns with the legendary SEPA system! For the first time ever, U.S. Investing Champion Mark Minervini reveals the proven, time-tested trading system he used to achieve triple-digit returns for five consecutive years, averaging 220% per year for a 33,500% compounded total return. In Trade Like a Stock Market Wizard, Minervini unveils his trademarked stock market method SEPA, which provides outsized returns in virtually every market by combining careful risk management, self-analysis, and perseverance. He explains in detail how to select precise entry points and preserve capital—for consistent triple- digit returns. Whether you're just getting started in the stock market or you're a seasoned pro, Minervini will show how you how to achieve SUPERPERFORMANCE! You'll gain valuable knowledge as he shares lessons, trading truths, and specific tactics--all derived from his 30-year career as one of America's most successful stock traders. Trade Like a Stock Market Wizard teaches you: How to find the best stocks before they make big price gains How to avoid costly mistakes made by most investors How to manage losses and protect profits How to avoid high-risk situations Precisely when to buy and when to sell How to buy an IPO Why traditional valuation doesn't work for fast-growing Superperformers Examples of Minervini's personal trades with his comments With more than 160 chart examples and numerous case studies proving the remarkable effectiveness of Minervini's methodology, Trade Like a Stock Market Wizard puts in your hands one of the most effective and--until now--secretive stock investing systems in the world. MARK MINERVINI has a trademarked stock market method that produces outsized returns in virtually every market. It's called Specific Entry Point Analysis--SEPA--and it has been proven effective for selecting precise entry points, preserving capital and profi ts with even more precise exit points--and consistently producing triple-digit returns. Now, in Trade Like a Stock Market Wizard, Minervini shares--for the fi rst time ever--his coveted methodology with investors like you!
Categories: Business & Economics

Summary of Jack D Schwager s Stock Market Wizards

Summary of Jack D  Schwager s Stock Market Wizards

Please note: This is a companion version & not the original book.

Author: Everest Media

Publisher: Everest Media LLC

ISBN: 9781669350453

Category: Business & Economics

Page: 57

View: 976

Please note: This is a companion version & not the original book. Sample Book Insights: #1 The futures market is a place where traders buy and sell standardized contracts for a commodity or a financial instrument. The essence of a futures market is in its name: trading involves a standardized contract for a commodity or a financial instrument for a future delivery date, as opposed to the present time. #2 The futures markets offer tremendous leverage. Price movements in futures will closely parallel those in the corresponding cash markets. Because the majority of futures trading activity is concentrated in financial instruments, many futures traders are, in reality, traders in stocks, bonds, and currencies. #3 The interbank currency market is a 24-hour market that follows the sun around the world. It is used by companies to hedge exchange risk, as it allows them to lock in a price in a foreign currency in order to assure a profit. #4 I first met Marcus the day I joined Reynolds Securities as a futures research analyst. He had accepted a similar position at a competing firm, and I was assuming the position he had just vacated. Although I usually found my own analysis more persuasive when we disagreed, Marcus ultimately proved right about the direction of the market.
Categories: Business & Economics

Stock Market Wizards

Stock Market Wizards

Stock Market WIZARDS interviews with AMERICA'S TOP STOCK TRADERS JACK D. SCHWAGER www.wiley.com This decade has witnessed the most dynamic bull market in US stock history , a collapse in commodity prices , and dramatic failures in some ...

Author: Jack D. Schwager

Publisher: John Wiley & Sons

ISBN: 9780471485551

Category: Business & Economics

Page: 355

View: 804

This decade has witnessed the most dynamic bull market in US stock history, a collapse in commodity prices, and dramatic failures in some of the world′s leading hedge funds. How have some traders managed to significantly outperform a stock market that,until recently, moved virtually straight up? This book will feature interviews with those traders who achieved phenomenal success, from an Ohio farmer who has constantly made triple-digit returns, to a Turkish �migr� who transformed a $16000 account into $6 million, to spectacularly successful professional hedge-fund managers such as Michael Lancer of the Lancer Group and Michael Masters of Capital Management. Today, the action is on the stock market. This book will be a must-have for that sector, as well as for the legions of individuals who eagerly bought Market Wizards.
Categories: Business & Economics