Inside the Mind of the Turtles: How the World's Best Traders Master Risk

Inside the Mind of the Turtles: How the World's Best Traders Master Risk

de Curtis Faith (Auteur)
Extrait

"I like risk. I embrace risk." -Turtle trader Curtis Faith

Risk is scary, to be sure, but it's a fundamental aspect of the investing world. Without it, profit would not exist. The trick is to accept, anticipate, manage, and mitigate risk. In other words, master it.

In Way of the Turtle, Curtis Faith revealed the extraordinarily successful trading system of the now-famous group of investors known as the Turtles. Now, in this highly anticipated follow up to that bestseller, Faith delves deeply into the risk-mastery strategies that made the Turtles the envy of the investing world.

Inside the Mind of the Turtles provides expert insight into how great traders combat the natural but counterproductive response to risk. Faith begins by examining the nature of risk and the human being's natural response to it. Then he outlines proven techniques for seizing control of it. You will learn how to:

  • Set your main focus on acquiring gains--not avoiding losses
  • Place equal importance on assets already spent and those still on hand
  • Judge the quality of decisions based on their inception rather than their outcome
  • Avoid drawing conclusions using too little information

You'll find valuable advice not only from Faith, but from some of the greatest financial minds on the scene today, including fellow Turtle Jerry Parker, venture capitalist Simon Olson, and Howard Lindzon, founder of the popular Web site, "WallStrip." Use their collective advice, and you'll find yourself approaching risk in ways you never dreamed possible.

In today's economy, controlling your aversion to risk is not just prudent--it's an absolute necessity. Economic turbulence more often than not leads to poor investment decisions. Inside the Mind of the Turtles will help you conquer the fears that can cripple even the most experienced investors out there.

Format
EPUB
Protection
Avec DRM
Date de publication
28 janvier 2009
Éditeur
Nombre de pages
240
ISBN
9780071602426
ISBN papier
9780071602433
Taille du fichier
652 ko
s'abonner

À propos de nous

À propos de De Marque Emplois Nous contacter Conditions générales d'utilisation Politique de confidentialité