Some traders distinguish themselves from the herd. These supertraders make millions of dollars--sometimes in hours--and consistently outperform their peers. As he did in his acclaimed national bestseller, Market Wizards , Jack Schwager interviews a host of these supertraders, spectacular winners whose success occurs across a spectrum of financial markets. These traders use different methods, but they all share an edge. How do they do it? What separates them from the others? What can they teach the average trader or investor? In The New Market Wizards , these wildly successful traders relate the financial strategies that have rocketed them to success, as well as the embarrassing losses that have proven them all too human. Meet the Wizards of Wall Street: Stan Druckenmiller, who, as manager of the Soros Quantum Fund, realized an average annual return of more than 38 percent on assets ranging between $2.0 and $3.5 billion William Eckhardt, a mathematician who, in collaboration with trader Richard Dennis, selected and trained the w-legendary circle kwn as the Turtles Bill Lipschutz, a former architect who, for eight years, was Salomon Brothers' largest and most successful currency trader Blair Hull, a one-time blackjack player who began an options trading company with Asking the questions that readers with an interest in the financial markets would love to pose to the financial superstars, and filled with candid appraisals, The New Market Wizards takes its place as a classic. In this sequel to the bestselling Market Wizards , Schwager taps into the minds of today's top financial wizards and reveals the secrets of their astonishing success. Provides unique insight into the arcane world of currency trading as well as other fast-moving markets. --U.S. News & World Report.
Jack Schwager is a recognized industry expert on futures and hedge funds and the author of the widely acclaimed Market Wizards and Schwager on Futures book series and Market Sense and Nonsense . He is currently the co-portfolio manager for the ADM Investor Services Diversified Strategies Fund, a portfolio of futures and FX managed accounts. Previously, Mr. Schwager was a partner in the Fortune Group, a London-based hedge fund advisory firm, which specialized in creating customized hedge fund portfolios for institutional clients, and also spent over twenty years as a director of futures research for some of Wall Street's leading firms.