What I Learned Losing a Million Dollars (Columbia Business School Publishing) by Jim Paul, Brendan Moynihan
What I Learned Losing a Million Dollars (Columbia Business School Publishing) by Jim Paul, Brendan Moynihan PDF, ePub eBook D0wnl0ad
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.
From reader reviews:
Kathleen Owens:
Here thing why this particular What I Learned Losing a Million Dollars (Columbia Business School Publishing) are different and reliable to be yours. First of all reading a book is good nonetheless it depends in the content of the usb ports which is the content is as yummy as food or not. What I Learned Losing a Million Dollars (Columbia Business School Publishing) giving you information deeper and different ways, you can find any reserve out there but there is no publication that similar with What I Learned Losing a Million Dollars (Columbia Business School Publishing). It gives you thrill looking at journey, its open up your own personal eyes about the thing that happened in the world which is might be can be happened around you. You can easily bring everywhere like in playground, café, or even in your approach home by train. For anyone who is having difficulties in bringing the printed book maybe the form of What I Learned Losing a Million Dollars (Columbia Business School Publishing) in e-book can be your choice.
Matthew Lyons:
Reading a book to get new life style in this year; every people loves to examine a book. When you study a book you can get a lot of benefit. When you read publications, you can improve your knowledge, since book has a lot of information on it. The information that you will get depend on what forms of book that you have read. If you wish to get information about your analysis, you can read education books, but if you want to entertain yourself read a fiction books, these kinds of us novel, comics, and also soon. The What I Learned Losing a Million Dollars (Columbia Business School Publishing) will give you a new experience in examining a book.
Megan Kelly:
In this era which is the greater person or who has ability to do something more are more treasured than other. Do you want to become among it? It is just simple approach to have that. What you need to do is just spending your time not very much but quite enough to have a look at some books. On the list of books in the top list in your reading list will be What I Learned Losing a Million Dollars (Columbia Business School Publishing). This book which is qualified as The Hungry Slopes can get you closer in getting precious person. By looking upwards and review this book you can get many advantages.
Read What I Learned Losing a Million Dollars (Columbia Business School Publishing) by Jim Paul, Brendan Moynihan for online ebook
What I Learned Losing a Million Dollars (Columbia Business School Publishing) by Jim Paul, Brendan Moynihan Free PDF d0wnl0ad, audio books, books to read, good books to read, cheap books, good books, online books, books online, book reviews epub, read books online, books to read online, online library, greatbooks to read, PDF best books to read, top books to read What I Learned Losing a Million Dollars (Columbia Business School Publishing) by Jim Paul, Brendan Moynihan books to read online.
No comments:
Post a Comment