Cadence Opportunities Fund IPO

The New Market Wizards: Conversations With America’s Top Traders by Jack D. Schwager

Following up on the Market Wizards Book review is a review on the New Market Wizards book by Jack Schwager.

Of particular interest for our funds are the interviews in Part IV of the book covering Stanley Druckenmiller, Richard Driehaus, Gil Blake and Victor Sperandeo.

Interestingly when I first read these interviews I dismissed Part VII on the Psychology of Trading. Over time when I have revisited this book I actually find the three chapters on Psychology of Trading the most interesting and there are also references in these chapters to additional material that is very useful for potential investors.

Part VIII Closing Bell is also very interesting.

You could almost read this book from the back first and make your way forward to the interviews. Compulsory reading….!