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Essay text:
If I wanted to become a failure, I would seek advice from men who had never succeeded. If I wanted to succeed in all things, I would look around me for those who are succeeding and do as they have done.
—Joseph Marshall Wade
(as quoted in a Treasury of Wall Street Wisdom
edited by Harry D. Schultz and Samson Coslow)
Contents
Preface 4
Acknowledgments 6
Prologue 7
My Own Story 8
Part I-Futures and Currencies 10
Taking the Mystery Out of Futures 11
The Interbank Currency Market Defined 11
Michael Marcus - Blighting Never Strikes Twice 13
Bruce Kovner-The World Trader 27
Richard Dennis-A Legend Retires 39
Paul Tudor Jones-The Art of Aggressive Trading 50
Gary Bielfeldt-Yes, They Do Trade T-Bonds in Peoria 58
Ed Seykota-Everybody Gets What They Want 62
Larry Hite-Respecting Risk 70
Part II-Mostly Stocks 76
Michael Steinhardt-The Concept of Variant Perception 77
William O'Neil-The Art of Stock Selection 86
David Ryan-Stock Investment as a Treasure Hunt 93
Marty Schwartz-Champion Trader 99
Part III-A Little Bit of Everything 108
James B...
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