Bruce Kovner is an American investor, philanthropist, and hedge fund manager. In 2012, he founded and chaired CAM Capital, which is responsible for investing his private assets, and Kovner Foundation, which oversees his philanthropic activities. He served as Chairman for Caxton Associates, a global macro hedge fund. Bruce Kovner is most famous for being the…
Brett Steenbarger, Ph.D., is the author of the famous Traderfeed blog, and he has also published many books on trading psychology. He is a psychologist and a trading coach, who has helped portfolio managers and traders improve their performance. Brett also trades for himself and uses historical patterns in the market to find a trading…
Bill Lipschutz is a forex trader and the director and co-founder of portfolio management at Hathersage Capital Management and a former director of Global Head of Foreign Exchange at Solomon brothers. He shot to fame when he was featured in Jack Schwager’s Market Wizard – a book made from the compilation of some of the…
Alphonse Fletcher Jr. is an African-American former hedge fund manager and founder of the Fletcher Foundation. The 50 best trading quotes Alphonse Fletcher Jr’s early life and trading career He was born on the 19th of December, 1965 and was raised in Waterford, Connecticut. Fletcher is the oldest among three sons. His father came to…
Anyone reasonably interested in trading and speculating has probably heard about Ed Seykota. He was first featured in Jack Schwager’s Market Wizards. It’s the most memorable interview in the whole series, in my opinion, not only because he’s very direct, but also because he is unique in his thinking and how he expresses the most…
Edward Thorp is by many regarded as “the first quant”, at least one of the first who successfully used quantitative models for risk-taking. He became famous when he wrote the book Beat The Dealer, in which he documented a rational way of betting to beat the casinos in blackjack. He later studied the financial markets,…
Terry Smith, the CEO/CIO of Fundsmith, writes an interesting annual report that is well worth reading. He goes one step further than most money managers by delving into a range-wide of subjects, usually with the intelligent and sarcastic British humor. The letters are not so long, but as a reference, we have quoted the most…
The models that dominate all human decision-making today are duly heavy on simplistic logic, and light on magic – a spreadsheet leaves no room for miracles. But what if this approach is wrong? What if, in our quest to recreate the certainty of the laws of physics, we are now too eager to impose the…
I currently reread Victor Niederhoffer’s The Eduction of A Speculator. I regard this book as one of the best I have ever read. It’s not an easy read, but it completely changed my mindset for the better 20 years ago. What makes this a good book? Because it explains the foundation and principles for successful…
I believe it’s important to read, but at the same time being careful what to read. Quality is much better than quantity, and reading twice, in my opinion, is more valuable than reading more. I read The Intelligent Investor for the first time in 2015, and in December 2019 I had the pleasure of rereading…
