Finance:The New Market Wizards

The New Market Wizards

File:Thenewmarketwizards.jpg Paperback 1994
Author	Jack D. Schwager
Language	English
Genre	Finance
Publisher	HarperCollins
Publication date	January 26, 1992
Pages	512
ISBN	ISBN:0-88730-667-5
OCLC	29774786
Preceded by	Market Wizards
Followed by	Stock Market Wizards

The New Market Wizards is a book by Jack D. Schwager published on January 26, 1992 by HarperCollins. 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

Part I: Trading perspectives

• Misadventures in Trading
• Hussein Makes a Bad Trade

Part II: The World's Biggest Market

• Bill Lipschutz

Part III: Futures-The Variety-Pack Market

• Randy McKay
• William Eckhardt
• Monroe Trout
• Al Weiss

Part IV: Fund Managers and Timers

• Stanley Druckenmiller
• Richard Driehaus
• Gil Blake
• Victor Sperandeo

Part V: Multiple-Market Players

• Tom Basso
• Linda Bradford Raschke

Part VI: The Money Machines

• Mark Ritchie
• Joe Ritchie
• Blair Hull
• Jeff Yass

Part VII: The Psychology of Trading

• Charles Faulkner
• Robert Krausz

Part VIII: Closing Bell

• Market Wiz(ar)dom
• A personal reflection