Inside the Mind of the Turtles: How the World's Best Traders Master Risk
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Product Description
The eagerly anticipated follow-up to Way of the Turtle
Bestselling author and financial expert Curtis Faith gathers his fellow Turtles and investment leaders to discuss strategies for seeking out, investigating, and managing risk. Through the wisdom of these masters, serious traders and investors can cure themselves of the four biggest cognitive biases and overcome fear, calculate risks, learn from their mistakes, and focus on decisions, not outcomes.
Product Details
- Amazon Sales Rank: #41252 in Books
- Published on: 2009-04-01
- Original language: English
- Number of items: 1
- Binding: Hardcover
- 240 pages
Editorial Reviews
From the Back Cover
Take control of risk . . . before it takes control of you
Don't like uncertainty? Doubt makes you nervous? Most people are averse to it, but risk is unavoidable to the serious investor. In this groundbreaking book, Curtis Faith helps you not only form a truce with risk, but actually make it your ally.
One of Chicago's famed Turtle traders, Faith credits his group's unprecedented trading success with its mastery over the psychology of risk. In Inside the Mind of the Turtles, he explains how to view risk as an asset-and invest accordingly. Covering his own techniques, plus those of other traders, speculators, hedge-fund billionaires, and venture capitalists, Faith teaches you the seven rules for mastering risk:
- Overcome fear
- Remain flexible
- Take reasoned risks
- Prepare to be wrong
- Focus on market realities
- Respond to change quickly and decisively
- Concentrate on decisions, not outcomes
Only those who can control their fear of risk will move forward in the investing world. This has never been truer than it is in today's topsy-turvy global economy. Read Inside the Mind of the Turtles and never again hide inside your shell in the face of risk.
About the Author
Curtis Faith is the author of the bestselling Way of the Turtle. In his early twenties, Faith earned more than $30 million as a member of the Chicago trading group, the Turtles. He founded several software and high-tech startups, including a public company and an Inc. 500 firm.




