Market Wizards
by Jack D. Schwager
Interviews with the great traders of the 1980s: Paul Tudor Jones, Ed Seykota, Bruce Kovner, Michael Marcus, Richard Dennis and the Turtles. Different methods, one common thread: risk control and discipline. The founding book of the trader-interview genre.
Read it if…
you want to learn from traders' own words rather than a system seller.
See the book →
Skip it if…
you want a method; the book shows there is no single one.
Try instead: The New Market Wizards →
Three things you will actually use
- Everybody gets what they want out of the market.
- Cut losses; let winners run; never add to a loser.
- Risk management is the method.
Do this first
Read the Seykota and Tudor Jones interviews.
Our verdict
The founding trader interviews.
See the book →
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