Comments on: Paul Tudor Jones on Reminiscences of a Stock Operator

By: wkevinw

wkevinw — Mon, 01 Feb 2010 04:04:12 +0000

Looks like the timing model flashed another “whipsaw” bond fund buy (several recently) this month and a commodity fund sell.

By: wkevinw

wkevinw — Sun, 31 Jan 2010 22:04:12 +0000

Looks like the timing model flashed another “whipsaw” bond fund buy (several recently) this month and a commodity fund sell.

By: macclary

macclary — Fri, 29 Jan 2010 03:45:25 +0000

Reminiscences is such a well done book. It would be interesting to compile a list of investors and speculators who have made great fortunes *without* blowing up. Straight from ~zero to great wealth, that would perhaps have fewer plot turns though I don't think Alfred Jones, or Buffet every “blew up”, Ben Graham did take large losses. Richard Dennis blew up, and the guys in LTCM and other notorious funds did as well… A good dose of risk management to reign in the worst case scenario is a great idea.

By: keithpiccirillo

keithpiccirillo — Thu, 28 Jan 2010 22:14:12 +0000

Funny thing about life. It doesn't come with instructions. LOL.

By: keithpiccirillo

keithpiccirillo — Thu, 28 Jan 2010 22:09:05 +0000

"Sell to the sleeping point."
I had to look that one up.
—If you are troubled by an investment but still desire to hang onto it, sell just enough so that you can feel that you’ve ‘dealt’ with the anxiety and can calmly sleep at night, but you’ve kept enough to feel comfortable with what you have left.

That goes right along with not taking on too big a stake on any one position and making sure your have stratified your assets with low correlation.
I'm reading "The 12 Investment Myths" by J.J. Calhoun.

By: rower32

rower32 — Thu, 28 Jan 2010 19:27:50 +0000

Do we still have to buy the book or the interview available online?