Hedge Fund Market Wizards How Winning Traders Win

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Edition: 1st
Format: Hardcover
Pub. Date: 2012-05-29
Publisher(s): Wiley
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Summary

Hedge Fund Market Wizards will be a modern day sequel to the highly successful Market Wizards and New Market Wizards written over 20 years ago. These two earlier volumes have become classics in the investment literature and have been read by virtually every hedge fund manager, as well as by a much broader lay audience. This new volume in the series will follow the same effective formula used by its predecessors. The book will devote a chapter to each of a broad array of highly successful traders, ranging widely in the markets they trade and their methodologies, but sharing in their achievement of superior performance. Each chapter, following the original format, will include an introductory section, a core section based on an interview with the trader, and a conclusion section that seeks to draw useful trading and investment lessons illustrated by the trader's approach and advice.

Author Biography

JACK D. SCHWAGER is a recognized industry expert on futures and hedge funds, and the author of a number of widely acclaimed financial books. He is currently the co–portfolio manager for the ADM Investor Services Diversified Strategies Fund, a portfolio of futures and FX managed accounts. He is also an advisor to MarkeTopper Securities, an India-based quantitative trading firm. Previously, Mr. Schwager was a partner in the Fortune Group, a London-based hedge fund advisory firm that specialized in creating customized hedge fund portfolios for institutional clients. His prior experience also includes over twenty years as a director of futures research for some of Wall Street's leading firms.

Table of Contents

Forewordp. ix
Prefacep. xiii
Acknowledgmentsp. xvii
Macro Menp. 1
Colm O'Shea: Knowing When It's Rainingp. 3
Ray Dalio: The Man Who Loves Mistakesp. 47
Larry Benedict: Beyond Three Strikesp. 77
Scott Ramsey: Low-Risk Futures Traderp. 103
Jaffray Woodriff: The Third Wayp. 129
Multistrategy Playersp. 159
Edward Thorp: The Innovatorp. 161
Jamie Mai: Seeking Asymmetryp. 223
Michael Piatt: The Art and Science of Risk Controlp. 261
Equity Tradersp. 285
Steve Clark: Do More of What Works and Less of What Doesn'tp. 287
Martin Taylor: The Tsar Has No Clothesp. 323
Tom Claugus: A Change of Plansp. 359
Joe Vidich: Harvesting Lossesp. 385
Kevin Daly: Who Is Warren Buffett?p. 405
Jimmy Balodimas: Stepping in Front of Freight Trainsp. 423
Joel Greenblatt: The Magic Formulap. 451
Conclusion: 40 Market Wizard Lessonsp. 489
Epiloguep. 507
The Gain to Pain Ratiop. 513
Options-Understanding the Basicsp. 515
About the Authorp. 519
Indexp. 521
Table of Contents provided by Ingram. All Rights Reserved.

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