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The Rule

Auteur(s): Larry Hite, Michael Covel - foreword
Narrateur(s): Scott Pollak
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Description

The empowering story of Larry Hite's unlikely rise to the top of the hedge fund world - with critical insights and lessons you can take to the bank

In The Rule, legendary trader and hedge fund pioneer Larry Hite recounts his working-class upbringing in Brooklyn as a dyslexic, partially blind kid who was anything but a model student - and how he went on to found and run Mint Investment Management Company, one of the most profitable and largest quantitative hedge funds in the world.

Hite's wild success is based on his deep understanding that markets are flawed - just like people. Through his early-life struggles and failures, Hite came to know himself well - his fears, his frustrations, his self-doubt, and his tolerance for all of the above. This motivational book reveals that by accepting the facts of his life and of himself, he was able to accept markets as they are. And that was the key to his success.

In this book, you'll walk of the footsteps of an investing legend, who imparts smart, practical trading lessons throughout the journey. Making a successful living in trading isn't about beating the markets. It's about meeting markets where they are, embracing the fact of risk, knowing yourself, and playing it strictly by the numbers.

The Rule shows that investing decisions are not only bets or gambles but investments in time, energy, and attention. By focusing on realistic returns on your investments - versus what you expect or hope to get - you immediately improve your probability for success.

©2020 Larry Hite (P)2019 McGraw Hill-Ascent Audio

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Au global
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  • Au global
    5 out of 5 stars
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Brilliant and Inspiring

As a noobie to trading, I feel very fortunate that this was the first book I've read on the topic, to set me in the right direction. It's filled with many gems applicable to both trading and life in general.
I'm certain what I have learned will propel me into success with ease and confidence.

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  • Au global
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great book

Larry Hite brings his wisdom through personal narrative. if you are able to use this information to your trading, business and personal decisions you will.do well. well narrated. this is not a book if you are looking for the specific moving average or indicator to trade off of. there are plenty of BS books like that you can find elsewhere .

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