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 of Hedge 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 Investments FORBES)
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, from Antifragile: 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 Mihaljevic Beyond Proxy)
[An] enlightening read.(Brenda Jubin Investing.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 Osbiston Financial Times Advisor)
Seldom do we hear the message that the management of risk, not just the taking of risk, is at the heart of success in habitual entrepreneurs. Just as the professional athlete learns to play his or her game mentally before the actual contest, so the successful entrepreneur reduces the risk of the new challenge by planning before implementing.(Edward M. Moldt, Kelley School of Business, Indiana University, Bloomington)
I would recommend the book not only for helping to understand risks in managing your money and investments but also in managing your life. Read morePublished 11 days ago by Martiniour
First part is good and funny. Second part is a little boring. Third part is good, but not funny.
Most of the things author says can be summed up as the "winners... Read more
There was a lot of good nuggets in this book. The last chapter was the best. The back up research and real world examples provides a real world snapshot of what the author is... Read morePublished 1 month ago by Justian
I found this book repetitive. The information could have been covered in 3 chapters.Published 1 month ago by elyse mckinley
Its ok and the story is a nice read; however, you can tell that the two sections were written by two authors. Its a quick read. Nothing groundbreaking in terms of lesson.Published 1 month ago by Michael A Peterson
Many good points and takeaways.
In my opinion the author could have reduced the word count and could have been more precise with his examples.