What I Learned Losing a Million Dollars (Columbia Business School Publishing)
Worthwhile reading for those who don't believe in the holy grail in the markets; a must-read for those who do.(Jack Schwager, author ofHedge Fund Market Wizards)A novel approach aimed at pushing you inside your head and outside the losing habits most folks adopt right after multiple successes. A must-have for traders blessed with a string of hot trades.(Ken Fisher, Fisher InvestmentsFORBES)At Ned Davis Research, we like to say that we are in the business of making mistakes and that the only difference between winners and losers is that winners make small mistakes and losers, big mistakes. This book does an excellent job in explaining in simple English the potential psychological 'flaws' that cause investors to make big mistakes.(Ned Davis, Ned Davis Research, Inc.)One of the rare noncharlatanic books in finance.(Nassim Nicholas Taleb, fromAntifragile: Things That Gain from Disorder)Plenty of books recount past successes or focus on how to make money in the market, but what about keeping the money you already have? This may seem like a high-class problem, but it is a very real challenge for investors with substantial capital.(John MihaljevicBeyond Proxy)[An] enlightening read.(Brenda JubinInvesting.com)The book points out very early that many successful investors have opposing styles and theories on how to make money, and that they can not all be right at the same time. The most important point to take from the book is how to avoid losing money...(Steve OsbistonFinancial Times Advisor)