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Title: No Bull: My Life In and Out of Markets by Michael Steinhardt ISBN: 0471181528 Publisher: John Wiley & Sons Pub. Date: 15 September, 2001 Format: Hardcover Volumes: 1 List Price(USD): $29.95 |
Average Customer Rating: 3.67
Rating: 3
Summary: Good not great
Comment: I watched Michael Steinhardt on several TV interviews and decided to buy the book. Generally, I prefer to read books about the stock market and perhaps that is where my expectations were not met. The story of Mr Steinhardt's life was interesting, and the story of his gold coin investment is probably worth the price of the book. Sort of a stick to what you know moral. Other than that, there was just not a lot of discussion of the market itself. He mentions being a good analyst, but why? Making market calls, but how? Mr. Steinhardt is truly a great on the street, but if you did not know that, the book could have been about anyone else in any other career.
Rating: 5
Summary: Insights
Comment: As a speculator I learned to take the best from books and ideas without arguments (many readers seem to be training to be shallow critics)--good insights are hard to come by. One does not find these in the writings of a journalist. There are some things personal to the author that might be uninteresting to some, but I take the package. The man is one of the greatest traders in history. There are a few jewels in there.
The man did it. I'd rather listen to him than read better written but hollow prose from some journalist-writer.
Rating: 3
Summary: My Life In and Out of Markets
Comment: When the official history of twentieth-century Wall Street is written, it will certainly contain more than a few pages on Michael Steinhardt. One of the most successful money managers in the history of "The Street," Steinhardt far outshone his peers by achieving an average annual return of over thirty percent-significantly greater than that of every market benchmark. During his almost thirty-year tenure as a hedge fund manager, he amassed vast wealth for his investors and himself. One dollar invested with Steinhardt Partners L.P., his flagship hedge fund, at its inception in 1967 would have been worth $462 when he retired from active money management in 1995.
No Bull offers an account of some of the investment strategies that drove Michael Steinhardt's historic success as a hedge fund manager including a focus on his skills as an industry analyst and consummate stock picker. He also reveals how his uncanny talent for knowing when to trade against the prevailing market trend-a talent that was not always appreciated by several erstwhile high-profile clients-resulted in many of his greatest successes. Here he provides detailed accounts of some of his most sensational coups-including his momentous decision, in 1981, to stake everything on bonds-and his equally sensational failures, such as his disastrous foray into global macro-trading in the mid-1990s.
At the same time, No Bull is the rags-to-riches story of a boy from Bensonhurst and his rise from the streets of Brooklyn to the heights of Wall Street. In a thoroughly engaging narrative, Steinhardt relates the early influences that shaped his attitudes toward life and success, as well as the beginning of his love affair with stock investing. Further, he chronicles his dawning awareness of the need for a purpose in life beyond the acquisition of wealth and how it led to his decision to retire and redirect his energies. We learn about his experiences as the chairman of the Democratic Leadership Council for nearly a decade, as well as his innovative thinking and ambitious projects to strengthen the Jewish community.
The inspiring true story of a Wall Street genius and world-class philanthropist, No Bull is an unforgettable read for finance professionals and students of human nature alike.
Michael Steinhardt is one of the most successful money managers in the history of Wall Street. He is also widely known for his philanthropic activities, particularly in the Jewish community-most notably as cofounder with Charles Bronfman of birthright israel, a program whose mission is to provide a free educational opportunity for every young Jewish person of the Diaspora to visit Israel.
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Title: Fooled by Randomness: The Hidden Role of Chance in the Markets and in Life by Nassim Nicholas Taleb ISBN: 1587990717 Publisher: Texere Pub. Date: October, 2001 List Price(USD): $27.95 |
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Title: Confessions of a Street Addict by James J. Cramer, Jim J. Cramer ISBN: 0743224876 Publisher: Simon & Schuster Pub. Date: 13 May, 2002 List Price(USD): $26.00 |
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Title: Trading with the Enemy: Seduction and Betrayal on Jim Cramer's Wall Street by Nicholas W. Maier ISBN: 0060086513 Publisher: HarperBusiness Pub. Date: 05 March, 2002 List Price(USD): $22.95 |
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Title: The Mind of Wall Street: A Legendary Financier on the Perils of Greed and the Mysteries of the Market by Leon Levy, Eugene Linden ISBN: 1586481037 Publisher: PublicAffairs Pub. Date: 05 November, 2002 List Price(USD): $26.00 |
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Title: The New Investment Superstars: 13 Great Investors and Their Strategies for Superior Returns by Lois Peltz ISBN: 047140313X Publisher: John Wiley & Sons Pub. Date: 20 April, 2001 List Price(USD): $29.95 |
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