From bestselling author, investment expert, and Wall Streettheoretician Jack Schwager comes a behind-the-scenes look at theworld of hedge funds, from fifteen traders who've consistentlybeaten the markets. Exploring what makes a great trader a greattrader, Hedge Fund Market Wizards breaks new ground, givingreaders rare insight into the trading philosophy and successfulmethods employed by some of the most profitable individuals in thehedge fund business.
A candid assessment of each trader's successes and failures, intheir own words, the book shows readers what they can learn fromeach, and also outlines forty essential lessons—from findinga trading method that fits an investor's personality to learning toappreciate the value of diversification—that investmentprofessionals 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 timelessinsights into what it takes to trade in the hedge fund world.
JACK D. SCHWAGER is a recognized industry expert onfutures and hedge funds, and the author of a number of widelyacclaimed financial books. He is currently the co–portfoliomanager for the ADM Investor Services Diversified Strategies Fund,a portfolio of futures and FX managed accounts. He is also anadvisor to MarkeTopper Securities, an India-based quantitativetrading firm. Previously, Mr. Schwager was a partner in the FortuneGroup, a London-based hedge fund advisory firm that specialized increating customized hedge fund portfolios for institutionalclients. His prior experience also includes over twenty years as adirector of futures research for some of Wall Street's leadingfirms.
Over the years, market developments have proven the wisdom of Graham’s strategies. While preserving the integrity of Graham’s original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today’s market, draws parallels between Graham’s examples and today’s financial headlines, and gives readers a more thorough understanding of how to apply Graham’s principles.
Vital and indispensable, The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.
A Complete Guide to the Futures Market is the comprehensive resource for futures traders and analysts. Spanning everything from technical analysis, trading systems, and fundamental analysis to options, spreads, and practical trading principles, A Complete Guide is required reading for any trader or investor who wants to successfully navigate the futures market.
Clear, concise, and to the point, this fully revised and updated second edition provides a solid foundation in futures market basics, details key analysis and forecasting techniques, explores advanced trading concepts, and illustrates the practical application of these ideas with hundreds of market examples. A Complete Guide to the Futures Market:Details different trading and analytical approaches, including chart analysis, technical indicators and trading systems, regression analysis, and fundamental market models.Separates misleading market myths from reality.Gives step-by-step instruction for developing and testing original trading ideas and systems.Illustrates a wide range of option strategies, and explains the trading implications of each.Details a wealth of practical trading guidelines and market insights from a recognized trading authority.
Trading futures without a firm grasp of this market’s realities and nuances is a recipe for losing money. A Complete Guide to the Futures Market offers serious traders and investors the tools to keep themselves on the right side of the ledger.
In Pricing the Future, financial economist George G. Szpiro tells the fascinating stories of the pioneers of mathematical finance who conducted the search for the elusive options pricing formula. From the broker's assistant who published the first mathematical explanation of financial markets to Albert Einstein and other scientists who looked for a way to explain the movement of atoms and molecules, Pricing the Future retraces the historical and intellectual developments that ultimately led to the widespread use of mathematical models to drive investment strategies on Wall Street.