Product Description

Like its predecessor "Market Wizards", this book offers practical advice on investing from some of the most prestigious Wall Street professional in a personal, anecdotal style. With inside stories of both the brilliant successes and the self-inflicted failures experienced by some of the biggest traders and investors in the game, Jack Schwager shows even small investors how to avoid pitfalls and make the most of their money.

Product Details

• Amazon Sales Rank: #7466 in Books
• Published on: 1994-01-31
• Original language: English
• Number of items: 1
• Binding: Paperback
• 512 pages

Review
"...they are the most highly readable investment books you will find...you′ll find them riveting and fun..." (Shares, 10 October 2002)

Review
"...they are the most highly readable investment books you will find...you′ll find them riveting and fun..." (Shares, 10 October 2002)

John Train, author of The Money Masters
"Very interesting indeed!" -John Train, author of The Money Masters

Customer Reviews

Still a brilliant read
I've read parts of this book 4 or 5 times through, not only is it a brilliant read but provides undying insights into the mind of succesful traders. This was one of the first books I purchased on trading and over 40 books and a lot of profitable trades later, I rate it as the best read of them all. Once you pick this up you wont be able to put it down!

I LOVE IT!
Excellent book to give the investment novice an insight to the world of trading. More than anything, Schwager gives an interesting background into the characters of each of the Market Wizards. If only all investment books were this fun to read! Once you start, you won't be able to put it down. Schwager should think about writing an updated Market Wizards III.

Gravy book without the meat and potatoes
A book with a lot of hype. When direct questions were asked of turtle traders, ALL refused to answer except one who does in generally vague statements. However the author does admit after all the interviews that there are no real trading advice given in the book, but just trading psychology which in my terms are just more ways to confuse the readers...Moreover, not really suited for anybody who trades. Period. I say this because of 3 reasons: First, all of these traders who tell of their way of thinking, is theirs and tailored personally to their trading ideas and plans--it may not be suitable for anybody else. Second, most of these traders can cut back on trading, still be in the markets and make money and take losses and suffer large drawdowns in order for the trades to work, most of us will never be in that position, nor do we manage millions or even billions in funds. And third, the big traders don't really need to listen to others. They're big themselves already. The little guy really can't move the markets much at all without deep pockets. Warren Buffett can and did so with silver in Feb. 1998. The book really comes down to the big boys keeping the secrets to themselves and telling us to practice good money management and develop our own trading plan while the reader can read and awe the interviewees like they're some idol or god....would not reccommend.