The New Market Wizards

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The New Market Wizards

Paperback 1994
Author Jack D. Schwager
Language English
Genre(s) Finance
Publisher HarperCollins
Publication date January 26, 1994
Pages 512
ISBN ISBN 0-88730-667-5

The New Market Wizards is a book by Jack D. Schwager published in 1992. The format is very similar to his 1988 Market Wizards, with a new selection of interviews with super-traders.

As in the previous volume, Schwager starts with a frank discussion of his own trading experience, followed by a surprising diversion comparing Saddam Hussein's invasion of Kuwait with a trade that went wrong.

The rest of the book is broken into five parts including interviews with different types of traders and brief discussions of the lessons to be learnt from them, plus a part on trading psychology and a final part summarising the wisdom gained from all of the interviewees in 42 golden rules.

Contents

[edit] Contents

[edit] Part I: Trading perspectives

Misadventures in Trading
Hussein Makes a Bad Trade

[edit] Part II: The World's Biggest Market

Bill Lipschutz

[edit] Part III: Futures-The Variety-Pack Market

Randy McKay
William Eckhardt
Monroe Trout
Al Weiss

[edit] Part IV: Fund Managers and Timers

Stanley Druckenmiller
Richard Driehaus
Gil Blake
Victor Sperandeo

[edit] Part V: Multiple-Market Players

Tom Basso
Linda Bradford Raschke

[edit] Part VI: The Money Machines

Mark Ritchie
Joe Ritchie
Blair Hull
Jeff Yass

[edit] Part VII: The Psychology of Trading

Charles Faulkner
Robert Krausz

[edit] Part VIII: Closing Bell

Market Wiz(ar)dom
A personal reflection