I regard Victor Niederhoffer’s The Education Of A Speculator as a must-read for any aspiring quant. Why? Because it explains the foundation and principles for successful speculation. In this article, I give a brief review and summary of the book. In the end, I give you my main lessons and takeaways from the book. I…
I have just reread Henry Hazlitt’s Economics In One Lesson, published in 1946. This very good, but short book, is about basic economics. This book should be mandatory in every public school. It takes about 2-3 hours to read and is illustrated with examples from real life. It’s my favorite book in economics and I…
I have just finished reading When Genius Failed by Roger Lowenstein. The book is an unauthorized biography of the rise and fall of Long-Term Capital Management (LTCM). For those who are not aware of this incredible story, here is a brief recap: LTCM: Founded by “geniuses”- bankrupted by a Black Swan LTCM was formed by…
I have written four books in Norwegian: Aksjekjøp og daytrading – metode, psykologi, risiko og strategier (foreword by Stig R. Myseth). 25 000 copies sold (Norway only). Published in 2002, additional chapters in 2006 and 2022. Trading på 1-2-3 (out of stock at the moment): Opsjoner og futures – en praktisk innføring Investeringsstrategier – my…
