Amaranth Advisors Hedge Fund Ruined by Ignoring ‘Risk of Ruin’

I finally got around to reading about the blowup of Amaranth Advisors hedge fund. I’m astounded that some of these supposedly sophisticated hedge funds apparently have no clue about such basic concepts like money management, position sizing and ‘risk of ruin‘. The disaster at this fund is a great illustration of why I’ve always said [...]

Dr. Ari Kiev Webcast — The Psychology of Risk

I just found another hour-long webcast. This one is from Dr. Ari Kiev, author of ‘The Psychology of Risk‘ and ‘Trading in the Zone‘ (not to be confused with Mark Douglas’ book by the same title). (via A Daytrader’s Diary and actio-et-reactio)

Review of ‘The New Laws of the Stock Market Jungle’

Michael J. Panzner takes us on safari through what most definitely is a jungle in his book ‘The New Laws of the Stock Market Jungle : An Insider’s Guide to Successful Investing in a Changing World‘. The book focuses on the changes that have occurred in the marketplace over the last 10 years or so. [...]