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What I Learned Losing a Million Dollars
- Written by: Jim Paul, Brendan Moynihan, Jack Schwager (foreword)
- Narrated by: Patrick Lawlor
- Length: 7 hrs and 29 mins
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.
I am floored!
- By Amazon Customer on 2019-08-28
A Must Read for Any Active Trader / Investor
This book is full of practical advise for active traders and investors. The author stresses the importance of having an exit plan before entering a market position and I cannot agree more. A good exit plan makes one money by ensuring you do not lose your head in a bull market and shirt in a bear market. As the author notes, "in trading it is not cowardly to live to fight another day." Highly recommended.