Author: Jim Paul
Publisher: Columbia University Press
ISBN: 0231164688
Size: 10.88 MB
Format: PDF, Kindle
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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.
Language: en
Pages: 208
Pages: 208
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
Language: uk
Pages: 257
Pages: 257
Books about Працюй чотири години на тиждень. Нова психологія успіху
Language: en
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Pages: 768
Everything you need to pass Level I of the CMT Program CMT Level I 2016: An Introduction to Technical Analysis fully prepares you to demonstrate the basic competencies of an entry-level analyst, including a working knowledge of terminology and the ability to discuss key concepts and fundamental analytical tools. Covered
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Pages: 256
Pages: 256
STAY A STEP AHEAD OF THE MARKETS BY REJECTING GUESSES ABOUTTHE FUTURE AND TRUSTING TECHNIQUES THAT WORK Today there are as many investment opinions as there are people.But as many a scorned investor can attest, predicting the futureisn't easy. In fact, Being Right or Making Money, ThirdEdition explains that reliably
Language: ru
Pages: 240
Pages: 240
Книга о том, как превращать препятствия в возможности стать мудрее, сильнее, упорнее и уверенно прокладывать путь к желаемым результатам. Для тех, кто разочарован, деморализован или не знает, как выбраться из накатанной колеи.
Language: en
Pages: 224
Pages: 224
#1 Wall Street Journal Bestseller The Obstacle is the Way has become a cult classic, beloved by men and women around the world who apply its wisdom to become more successful at whatever they do. Its many fans include a former governor and movie star (Arnold Schwarzenegger), a hip hop
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Pages: 314
Harry Potter thinks he is an ordinary boy until he is rescued by an owl, taken to Hogwarts School of Witchcraft and Wizardry, learns to play Quiddich, and engages in a deadly duel. The reason: Harry is a wizard.
Language: en
Pages: 309
Pages: 309
Some people buy shares as a long term investment. Others see them as a hedge against inflation and some investors are interested mainly in the dividends and a regular income. Daryl Guppy buys shares to sell - and he consistently makes money. Trading Asian Shares is aimed at serious investors
Language: en
Pages: 98
Pages: 98
This book is written for investors and lenders who do not have a background in consumer finance, yet who wish to participate in this new form of interpersonal finance. It describes how to become a passive lender on Prosper.com by using standing orders to automate the process of finding and
Language: en
Pages: 258
Pages: 258
The “Ultimate Success Formula” is a systematic approach to getting everything you want in life using proven principles. Carlos Marin uses his unique business experience applying these principles to build massive marketing networks while helping thousands of people become financially free as a powerful launch pad to empower many more