What I Learned Losing A Million Dollars


What I Learned Losing A Million Dollars
Author: Jim Paul
Publisher: Columbia University Press
ISBN: 0231164688
Size: 50.34 MB
Format: PDF, ePub, Mobi
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What I Learned Losing A Million Dollars

What I Learned Losing A Million Dollars by Jim Paul, What I Learned Losing A Million Dollars Books available in PDF, EPUB, Mobi Format. Download What I Learned Losing A Million Dollars books, Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors. This book--winner of a 2014 Axiom Business Book award gold medal--begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it--primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources. Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.


What I Learned Losing a Million Dollars
Language: en
Pages: 208
Authors: Jim Paul, Brendan Moynihan
Categories: Business & Economics
Type: BOOK - Published: 2013-05-21 - Publisher: Columbia University Press
Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events
Technische Analyse
Language: en
Pages: 864
Authors: Jack D. Schwager
Categories: Investment analysis
Type: BOOK - Published: 1998 - Publisher: FinanzBuch Verlag
Books about Technische Analyse
Kleines Handbuch für den Umgang mit Unwissen
Language: de
Pages: 128
Authors: Nassim Nicholas Taleb
Categories: Business & Economics
Type: BOOK - Published: 2013-11-11 - Publisher: Albrecht Knaus Verlag
Eine Anleitung zum Nach-, Quer- und Gegendenken »Ich weiß, dass ich nichts wei߫, erkannte bereits Sokrates. Wie wir aber mit dem Unbekannten, mit dem, was wir nicht wissen, faktisch umgehen und idealerweise umgehen sollten, das beschreibt der Risikoforscher und Essayist Nassim Nicholas Taleb in seinem Handbuch. Er enthüllt die Begrenztheiten
Summary
Language: en
Pages: 32
Authors: Book Summary Publishing
Categories: Business & Economics
Type: BOOK - Published: 2020-03-02 - Publisher:
What I Learned Losing a Million Dollars - Strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing by Jim Paul There are numerous methods and theories on how to succeed in the stock market. Yet a number of investors from all
Was Gewinner von Verlierern unterscheidet
Language: en
Pages: 262
Authors: Jim Paul, Brendan Moynihan
Categories: Business & Economics
Type: BOOK - Published: 1998 - Publisher: FinanzBuch Verlag
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Der große Irrtum
Language: de
Pages: 354
Authors: Lowenstein Roger
Categories: Business & Economics
Type: BOOK - Published: 2013-10-08 - Publisher: FinanzBuch Verlag
So hätte es nicht kommen dürfen. Drei Jahre sorgten zwei Nobelpreisträger und ein gewiefter Wall-Street-Händler dafür, dass superreiche Investoren mit dem Finanzdienstleister Long-Term Capital Management noch reicher werden konnten. Plötzlich aber brach das Kartenhaus aus Schulden, milliardenschweren Spekulationen und internationalen Arbitragegeschäften in sich zusammen. Long-Term Capital stand vor dem Ruin.
Magier der Märkte
Language: de
Pages: 513
Authors: Jack D. Schwager
Categories: Business & Economics
Type: BOOK - Published: 2013-09-11 - Publisher: FinanzBuch Verlag
Jack D. Schwager ist einer der ganz Großen in der internationalen Finanzszene, seine "Magier der Märkte"-Buchreihe gehört weltweit seit Jahren zu den Standardwerken. In Interviews mit den Top-Tradern unserer Zeit zeigt Schwager auf, was diese Menschen so unglaublich erfolgreich macht. Sie alle verwenden zwar unterschiedliche Methoden, aber sie haben nicht
Sprich
Language: de
Pages: 274
Authors: Laurie Halse Anderson
Categories: Business & Economics
Type: BOOK - Published: 2003 - Publisher:
Books about Sprich
Der disziplinierte Trader
Language: de
Pages: 304
Authors: Mark Douglas
Categories: Business & Economics
Type: BOOK - Published: 2003 - Publisher: FinanzBuch Verlag
Books about Der disziplinierte Trader
Smartcuts
Language: de
Pages: 246
Authors: Shane Snow
Categories: Business & Economics
Type: BOOK - Published: 2015-09-11 - Publisher: GABAL Verlag GmbH
In SMARTCUTS nimmt der New Yorker Journalist Shane Snow das unkonventionelle Verhalten diverser Overachiever der Geschichte unter die Lupe: Menschen und Unternehmen, die in unwahrscheinlich kurzer Zeit unglaubliche Dinge zuwege bringen. Und er zeigt, wie jeder von uns mit »Smartcuts« seine Gewohnheiten überdenken und seinen Erfolg beschleunigen kann. Warum ziehen