Shock Markets: Trading Lessons for Volatile Times
"Investors beware. By detailing many diverse and interesting extreme market events, Shock Markets proves that the real world of trading is far riskier than assumed by the old paradigm world of efficient markets...This critical lesson makes the book a must-read." --Peter Matthews, PhD, Managing Partner, PJM Capital"Shock Markets presents timely and valuable lessons during a period where I'm frequently surprised and shocked. My trading rules have been reviewed and improved by reading this book." --Jerry Parker, Founder and CEO of Chesapeake Capital"Shock Markets is a veritable bible for aspiring, as well as seasoned, traders and investors. The book takes complex economic theory and applies it to financial markets in a way that makes it accessible to the reader." --Michelle Kelner, Founder and CEO of Sandglass Capital Management"This is a book that needs to be written. Well, it is here and delivered in a most entertaining and witty style. It is a wonderful read and hits the right balance between lessons for traders and classroom use. Great use of real-life examples to show the importance of always questioning: What is it that I know more than the market--or mark your opinion to market, not just your P&L.;" --Bill Fung, Visiting Research Professor, London Business School; Chairman, Board of Directors, Maple Financial Group; Vice Chairman, Research Foundation, CFA Institute