.
Recommended.
Renown mentor and trainer of numerous world class traders including Monroe Trout, Toby Crabel, Stu Rose, James Altucher, John Hummer, Jake Burton Carpenter and Roy Niederhoffer.
Intriguing read, despite Niederhoffer’s obvious issues with risk management.
This book came out midway between two extremely high profile Niederhoffer fund blow-ups: the first in 1997 when he was arguable the top fund manager on Earth; the second in the 2007 subprime meltdown, a year after his Matador Fund was awarded by MarHedge as one of the best in the world.
Perhaps the most revealing content concerns the pervasive nature of disinformation throughout the entire Market mechanism and the abundance of spurious correlations in the minds of market participants.
For more from the mind of a profound trader: Daily Speculations
Paris E. M. Murray