Jim Paul's What I Learned Losing a Million Dollars Summary

Jim Paul's What I Learned Losing a Million Dollars Summary PDF Author:
Publisher:
ISBN: 9781311323323
Category :
Languages : en
Pages :

Get Book

Book Description
This is a Summary of Jim Paul and Brendan Moynihan's What I Learned Losing a Million DollarsJim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors.This book--winner of a 2014 Axiom Business Book award gold medal--begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it--primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources.Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.Available in a variety of formats, this summary is aimed for those who want to capture the gist of the book but don't have the current time to devour all 192 pages. You get the main summary along with all of the benefits and lessons the actual book has to offer. This summary is not intended to be used without reference to the original book.

Jim Paul's What I Learned Losing a Million Dollars Summary

Jim Paul's What I Learned Losing a Million Dollars Summary PDF Author:
Publisher:
ISBN: 9781311323323
Category :
Languages : en
Pages :

Get Book

Book Description
This is a Summary of Jim Paul and Brendan Moynihan's What I Learned Losing a Million DollarsJim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors.This book--winner of a 2014 Axiom Business Book award gold medal--begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it--primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources.Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.Available in a variety of formats, this summary is aimed for those who want to capture the gist of the book but don't have the current time to devour all 192 pages. You get the main summary along with all of the benefits and lessons the actual book has to offer. This summary is not intended to be used without reference to the original book.

SUMMARY - What I Learned Losing A Million Dollars By Jim Paul And Brendan Moynihan

SUMMARY - What I Learned Losing A Million Dollars By Jim Paul And Brendan Moynihan PDF Author: Shortcut Edition
Publisher: Shortcut Edition
ISBN:
Category : Business & Economics
Languages : en
Pages : 25

Get Book

Book Description
* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. By reading this summary, you will discover how to protect yourself against heavy losses on the financial markets. You will also discover : the secret to success on the stock market: limit your losses as much as possible; the impact of psychological tendencies on the decision-making process; the danger of indexing one's self-esteem on one's successes and failures; the need to keep a cool head and make rational decisions in the markets; the importance of a predefined strategy with exit criteria and safeguards. There are a multitude of methods and tips for success in the stock market. However, investors with the most diverse profiles experience as many great successes as they do great losses. Is there no real technique? While different paths lead to success, the most resounding disasters seem to have one thing in common: unfortunate investors indulge in irrational decisions, guided by conformism or overconfidence. Investor Jim Paul has paid the price. The story of his rise and fall provides valuable clues to decipher the market's pitfalls and how to avoid them. *Buy now the summary of this book for the modest price of a cup of coffee!

Jim Paul and Brendan Moynihan's What I Learned Losing a Million Dollars Summary

Jim Paul and Brendan Moynihan's What I Learned Losing a Million Dollars Summary PDF Author: Ant Hive Media
Publisher: Createspace Independent Publishing Platform
ISBN: 9781532906985
Category :
Languages : en
Pages : 28

Get Book

Book Description
This is a Summary of Jim Paul and Brendan Moynihan's What I Learned Losing a Million Dollars Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all - his fortune, his reputation, and his job - in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors. The book is a winner of a 2014 Axiom Business Book award gold medal. It begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it, primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources. Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating. Available in a variety of formats, this summary is aimed for those who want to capture the gist of the book but don't have the current time to devour all 192 pages. You get the main summary along with all of the benefits and lessons the actual book has to offer. This summary is not intended to be used without reference to the original book.

What I Learned Losing a Million Dollars

What I Learned Losing a Million Dollars PDF Author: Jim Paul
Publisher: Columbia University Press
ISBN: 0231164688
Category : Business & Economics
Languages : en
Pages : 192

Get Book

Book Description
Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors. This book--winner of a 2014 Axiom Business Book award gold medal--begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it--primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources. Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.

A New Perspective on Jesus

A New Perspective on Jesus PDF Author: James D. G. Dunn
Publisher: Baker Academic
ISBN: 0801027101
Category : Religion
Languages : en
Pages : 136

Get Book

Book Description
A renowned scholar calls for a change of direction for the study of Jesus in the 21st century.

The Revolution

The Revolution PDF Author: Ron Paul
Publisher: Grand Central Publishing
ISBN: 0446540358
Category : Biography & Autobiography
Languages : en
Pages : 115

Get Book

Book Description
This Much Is True: You Have Been Lied To. The government is expanding. Taxes are increasing. More senseless wars are being planned. Inflation is ballooning. Our basic freedoms are disappearing. The Founding Fathers didn't want any of this. In fact, they said so quite clearly in the Constitution of the United States of America. Unfortunately, that beautiful, ingenious, and revolutionary document is being ignored more and more in Washington. If we are to enjoy peace, freedom, and prosperity once again, we absolutely must return to the principles upon which America was founded. But finally, there is hope . . . In The Revolution, Texas congressman and presidential candidate Ron Paul has exposed the core truths behind everything threatening America, from the real reasons behind the collapse of the dollar and the looming financial crisis, to terrorism and the loss of our precious civil liberties. In this book, Ron Paul provides answers to questions that few even dare to ask. Despite a media blackout, this septuagenarian physician-turned-congressman sparked a movement that has attracted a legion of young, dedicated, enthusiastic supporters . . . a phenomenon that has amazed veteran political observers and made more than one political rival envious. Candidates across America are already running as "Ron Paul Republicans." "Dr. Paul cured my apathy," says a popular campaign sign. The Revolution may cure yours as well.

Dominion

Dominion PDF Author: Tom Holland
Publisher: Basic Books
ISBN: 0465093523
Category : History
Languages : en
Pages : 624

Get Book

Book Description
A "marvelous" (Economist) account of how the Christian Revolution forged the Western imagination. Crucifixion, the Romans believed, was the worst fate imaginable, a punishment reserved for slaves. How astonishing it was, then, that people should have come to believe that one particular victim of crucifixion-an obscure provincial by the name of Jesus-was to be worshipped as a god. Dominion explores the implications of this shocking conviction as they have reverberated throughout history. Today, the West remains utterly saturated by Christian assumptions. As Tom Holland demonstrates, our morals and ethics are not universal but are instead the fruits of a very distinctive civilization. Concepts such as secularism, liberalism, science, and homosexuality are deeply rooted in a Christian seedbed. From Babylon to the Beatles, Saint Michael to #MeToo, Dominion tells the story of how Christianity transformed the modern world.

Popular Mechanics

Popular Mechanics PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 200

Get Book

Book Description
Popular Mechanics inspires, instructs and influences readers to help them master the modern world. Whether it’s practical DIY home-improvement tips, gadgets and digital technology, information on the newest cars or the latest breakthroughs in science -- PM is the ultimate guide to our high-tech lifestyle.

Princeton Alumni Weekly

Princeton Alumni Weekly PDF Author:
Publisher: princeton alumni weekly
ISBN:
Category :
Languages : en
Pages : 1012

Get Book

Book Description


A Wilderness of Error

A Wilderness of Error PDF Author: Errol Morris
Publisher: Penguin
ISBN: 0143123696
Category : True Crime
Languages : en
Pages : 575

Get Book

Book Description
Soon to be an FX Docuseries from Emmy® Award-Winning Producer Marc Smerling (The Jinx) featuring the author Errol Morris! Academy Award–winning filmmaker Errol Morris examines one of the most notorious and mysterious murder trials of the twentieth century In this profoundly original meditation on truth and the justice system, Errol Morris—a former private detective and director of The Thin Blue Line—delves deeply into the infamous Jeffrey MacDonald murder case. MacDonald, whose pregnant wife and two young daughters were brutally murdered in 1970, was convicted of the killings in 1979 and remains in prison today. The culmination of an investigation spanning over twenty years and a masterly reinvention of the true-crime thriller, A Wilderness of Error is a shocking book because it shows that everything we have been told about the case is deeply unreliable and that crucial elements of case against MacDonald are simply not true.