Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Summary of Jack D. Schwager's The Little Book of Market Wizards
    Summary of Jack D. Schwager's The Little Book of Market Wizards
    Summary of Jack D. Schwager's The Little Book of Market Wizards
    Ebook39 pages11 minutes

    Summary of Jack D. Schwager's The Little Book of Market Wizards

    By IRB Media

    ()

    Read preview

    About this ebook

    Please note: This is a companion version & not the original book.

    #1 On April 15, 1959, Bob Gibson played his first major league game, coming in as a relief pitcher for the Cardinals. He gave up a home run to the very first batter he faced. In the next inning, Gibson gave up another home run. He was sent back to the minors after that game.

    #2 The story of Michael Marcus is a classic example of how some of the most successful traders started with failure. Marcus was a college junior who was persuaded to trade futures by a friend of a friend. He lost money on every trade, and when his adviser came up with the idea to trade contracts based on corn blight fears, Marcus lost his entire $30,000.

    #3 Marcus learned to combine his innate talent as a trader with experience and risk management, and was incredibly successful. He took a trading job at Commodities Corporation, and in about 10 years’ time, he turned those modest allocations into $80,000,000.

    #4 Many of the Market Wizards had a difficult start in their careers, with some losing a lot of money. However, they were persistent and learned from their mistakes.

    LanguageEnglish
    PublisherIRB Media
    Release dateApr 19, 2022
    ISBN9781669387428
    Summary of Jack D. Schwager's The Little Book of Market Wizards
    Author

    IRB Media

    With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

    Read more from Irb Media

    Related to Summary of Jack D. Schwager's The Little Book of Market Wizards

    Related ebooks

    Business For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Discipline Goes A Long Way

      Mar 31, 2022

      The life of a trader is not what most of us might imagine it to be – that is, glamorous, exciting and paved with gold. More likely it is solitary, private, a bit boring and, when done right, provides a living. We could all be traders. We could all be

      5 min read

    • Article

      Are You Gambling or Investing? Here’s How to Tell

      Mar 2, 2021

      Investing in the stock market over many decades offers most people an incredible opportunity to build wealth. Does that surprise you? If so, you’re not alone. Over the course of my career as a financial planner, I’ve found that many people look at th

      4 min read

    • Article

      4 Closed-End Funds with Sky-High Yields

      Feb 1, 2018

      With robust yields and share prices trading at a discount to the value of their investment portfolios, these four closed-end funds are worth exploring now. For more about how closed-end funds work (and can add juicy payouts to your portfolio), check

      2 min read

    • Article

      A British Trader Who Caused A 'Flash Crash' That Sent Stock Market Into Dive 10 Years Ago Avoids More Prison Time At Chicago Sentencing. 'I Could Never Survive That.'

      Jan 29, 2020

      CHICAGO - Ten years ago, trading futures from his parents' suburban London home, Navinder Sarao shook up the investment world when his computer program set off the "flash crash," causing the stock market to temporarily lose a trillion dollars in a ma

      3 min read

    • Article

      A Conversation with a Short Seller

      Aug 18, 2020

      A short seller leads a lonely life, it seems. Short sellers profit from stocks that decline in value. So, when they win, it means that most of their friends and family are likely losing. And when they lose? Well … they don't generally get a lot of sy

      4 min read

    • Article

      9 Great Alternative-Strategy Funds for Volatility

      May 26, 2022

      There have been few places to hide for investors this year. Both stocks and bonds have tumbled – since the start of 2022, the Vanguard Balanced fund, a portfolio of 60% stocks and 40% bonds, has lost 13%. Moreover, interest rates are still rising, in

      9 min read

    • Article

      Financial Tips You Can Learn from Millennials (Yes, Really)

      Jan 24, 2019

      Millennials: The generation that generates no shortage of news features and social media commentary. But look beyond the tired, and often negative, stereotypes and you'll find a young generation beginning to create wealth by focusing on both traditi

      4 min read

    • Article

      A Little Hedging Can Go a Long Way to Protect Your Retirement Savings

      Jun 10, 2020

      "Don't worry, the market always comes back." If you haven't heard this comment yet -- from a well-meaning friend or co-worker, or maybe a concerned financial professional -- you almost surely will. We're all hoping for the best but bracing for the w

      4 min read

    • Article

      He Learned to Trade for Profit - and Can Teach You, Too

      Jan 31, 2019

      Raymond Rondeau, 55, of Exeter, R.I., is a trader, president of the New England American Association of Individual Investors chapter, and creator of AAII's new course, "Investing Strategies and Technical Analysis." When did you start trading? I began

      2 min read

    • Article

      Allocating And Maintaining Your Investment Capital

      Dec 18, 2020

      the key feature of a long-term portfolio is which assets you hold in it. But there are other considerations that you must also stay on top of. Firstly, how do you split the portfolio between passively and actively managed assets? I always advocate th

      2 min read

    • Article

      Why You Must Re-Evaluate Value Stocks

      Oct 22, 2018

      Growth or value stock investing -- what's better? The battle between growth and value investing has been going on for years, with each side offering statistics to support its arguments. Weighing the merits of these two different investment styles is

      3 min read

    • Article

      6 Beautifully Boring Dividend Stocks

      Aug 27, 2021

      The sexiest, most popular stocks have a speculative allure that's hard to deny. Names like GameStop (GME), Tesla (TSLA) and Virgin Galactic (SPCE) get the paparazzi treatment from the media, grab the attention of day traders and often top the list of

      1 min read

    • Article

      When ETFs Are Far Too ‘Clever’

      Oct 28, 2020

      As passive investments that represent an underlying index, exchange traded funds (ETFs) are great. Access to the passive replication of something that would be very hard for individual investors to do alone is a real service. Where they go wrong is w

      3 min read

    • Article

      Why Inverted Yield Curve Panic Is Overdone

      Mar 30, 2022

      In case you haven't heard by now, the "2-and-10" yield curve momentarily inverted this week. Some market participants and financial media have responded with alarm, and given this signal's singular track record of predicting U.S. recessions, that's n

      4 min read

    • Article

      A Better Way To Tell A Correction From A Bear Market?

      Nov 30, 2018

      The standard definition of a correction is a 10% market decline, while a bear market is a 20% decline. These are simple definitions ... I take a different view. At Cornerstone, we view a correction as a significant decline within an up trend. Th

      3 min read

    • Article

      Share Madness

      Jun 22, 2020

      Share Madness
      2 min read

    • Article

      10 Best ETFs to Buy for an All-Weather Portfolio

      Aug 30, 2018

      It used to be that investors asked themselves the question, "How many mutual funds should I have in my portfolio?" They still ask the same question of diversification, but more in terms of exchange-traded funds (ETFs). A portfolio of just two ETFs mi

      7 min read

    • Article

      What I Learned from Losing $200 Million: The 2008 financial crisis taught me about the illusion of control, and how to give it up.

      Dec 24, 2015

      I’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think

      15 min read

    • Article

      Why Bigger Isn’t Always Better

      Oct 16, 2020

      as well as being a long-term investor, I am also a short-term trader on the JSE, trading index futures before the equity market opens. Although the profits (or losses) are small in every trade, the profits are larger than the losses and I get a few m

      2 min read

    • Article

      Durable Businesses At Deep Discounts

      Dec 8, 2023

      Since 1985, AVI Global Trust has followed the same distinct investment philosophy. We invest in durable businesses that are growing in value and trading at discounted valuations, with catalysts to unlock and grow value. We aim to benefit from growth

      2 min read

    • Article

      How To Set Yourself Free

      Sep 2, 2020

      One of my clients retired at 50 to become a full-time trader, hoping he could shrug off the rat race and the typical work-sleep-work life. Fifteen years later he is still “retired” and still trading full time. Now he calls it what it turned out to be

      6 min read

    • Article

      Change In Sentiment

      Oct 2, 2020

      Change In Sentiment
      1 min read

    Related categories

    Reviews for Summary of Jack D. Schwager's The Little Book of Market Wizards

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Summary of Jack D. Schwager's The Little Book of Market Wizards - IRB Media

      Insights on Jack D. Schwager's The Little Book of Market Wizards

      Contents

      Insights from Chapter 1

      Insights from Chapter 2

      Insights from Chapter 3

      Insights from Chapter 4

      Insights from Chapter 5

      Insights from Chapter 6

      Insights from Chapter 7

      Insights from Chapter 8

      Insights from Chapter 9

      Insights from Chapter 10

      Insights from Chapter 11

      Insights from Chapter 12

      Insights from Chapter 13

      Insights from Chapter 14

      Insights from Chapter 15

      Insights from Chapter 16

      Insights from Chapter 17

      Insights from Chapter 18

      Insights from Chapter 19

      Insights from Chapter 20

      Insights from Chapter 21

      Insights from Chapter 22

      Insights from Chapter 23

      Insights from Chapter 24

      Insights from Chapter 1

      #1

      On April 15, 1959, Bob Gibson played his first major league game, coming in as a relief pitcher for the Cardinals. He gave up a home run to the very first batter he faced. In the next inning, Gibson gave up another home run. He was sent back to the minors after that game.

      #2

      The story of Michael Marcus is a classic example of how some of the most successful traders started with failure. Marcus was a college junior who was persuaded to trade futures by a friend of a friend. He lost money on every trade, and when his adviser came up with the idea to trade contracts based on corn blight fears, Marcus lost his entire $30,000.

      #3

      Marcus learned to combine his innate talent as a trader

      Enjoying the preview?
      Page 1 of 1