Books with title Market Wizards, Updated: Interviews with Top Traders

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 percent 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

IMPORTANT UPDATE: This audio is the new recording by DJ Holte, which replaced the original inferior recording and also contains text that was added in the 2012 revised edition of Market Wizards. What separates the world's top traders from the vast majority of unsuccessful investors? In this iconic financial classic, Jack Schwager sets out to answer this 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 this audiobook. This interview-style audiobook from a financial expert is a must-listen 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 16 years. One of the most insightful, best-selling trading books of all time, including 16 interviews!

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

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.

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

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.

Acclaimed trading expert and bestselling author of the Market Wizards books, Jack Schwager, has returned with a new and fascinating collection of interviews with the best stock market traders and investors of our time.Focusing exclusively on successful players in the stock market, Schwager delivers informative profiles and trading strategies from fifteen traders and investors who have ridden the most dynamic bull market in U.S. history to stunning success.The past decade has witnessed the market-shaking introduction of the Internet, a collapse in commodity prices, and dramatic failures in some of the world's leading hedge funds. How have these traders managed to dwarf the already substantial gains realized by the stock market during the 1990s, while largely sidestepping the market's periodic downdrafts? What separates them from ordinary investors, and even the vast majority of professional fund managers? And what lessons can the average trader or investor learn from these exceptional traders?Schwager gets the answers from phenomenally successful traders, including Michael Lauer, an outspoken fund manager, who explains why he believes many of the country's leading mutual funds are following a flawed strategy and whose own fund provided investors with a 50-fold return in seven yearsMark Cook, a midwestern farmer who registered back-to-back annual gains of 563 and 322 percent in national trading contests he entered in 1992 and 1993 and has continued to realize stratospheric returns in his own account since thenSteve Lescarbeau, who developed a computerized trading model that has earned him an average of 70 percent per year with an incredibly low maximum drawdown of only 3 percent Steve Cohen, a modern-day trading legend who manages billions and who has averaged trading returns of 90 percent during the past seven years with only three down months (the worst, a minuscule 2 percent loss)Mark Minervini, a junior high school dropout, who has averaged a 220 percent annual return during the past five years, while keeping his maximum quarterly loss to a fraction of one percentThese are just a few of the traders you'll meet in Stock Market Wizards' all-star lineup of market masters.In the final chapter, Schwager pulls it all together, distilling the essential advice and insights from all the interviews into a list of 65 market lessons, which are bound to be invaluable to both novices and market professionals.Stock Market Wizards gives you the stories, tips. and an inside glimpse into today's vibrant market and the traders who can ride the bull, battle the bear, and still come out on top.

Acclaimed trading expert and bestselling author of the Market Wizards books, Jack Schwager, has returned with a new and fascinating collection of interviews with the best stock market traders and investors of our time.Focusing exclusively on successful players in the stock market, Schwager delivers informative profiles and trading strategies from fifteen traders and investors who have ridden the most dynamic bull market in U.S. history to stunning success.

This decade has witnessed the most dynamic bull market in U.S.stock history, a collapse in commodity prices, and dramaticfailures in some of the world's leading hedge funds. How have sometraders managed to significantly outperform a stock market that,until recently, moved virtually straight up? This book will featureinterviews with those traders who achieved phenomenal success, froman Ohio farmer who enjoyed triple-digit returns to a Turkishémigré who transformed a $16,000 account into $6 million,to professional hedge-fund managers such as Michael Masters ofCapital Management. Today, the action is on the stock market. This book will be amust-have for that sector, as well as for the legions ofindividuals that eagerly bought Market Wizards.