Anyone read any good books?

[JuiceyJones]

Little late to the game on this one as the book is a few years old. Really enjoyed this. One of the best trading books i've read. Covers the links between body and mind and vice versa.

[tico]

Hi All
One of the best (no in fact THE best) book I have read on horse racing is Ken Payne's 'The Coup' It's autobiographical and charts his story from window cleaner to race trainer .Famous for constantly taking the bookies on (and winning) great read .
Regards
Tico

[JuiceyJones]

Morgan Housel's new book - The Art of Spending Money is ok.

[tico]

Hi All
Aldous Huxley's 'Brave New World' more appropriate now than ever if read in conjunction with Orwells 1984 .
Regards
Tico

[Acheron]

I'm currently reading/listening to "The New Market Wizards"...and I Listened to the interview by William Eckhardt this morning. Although some of it went over my head, a lot of it resonated with me. (ill need to listen to it again!)
I think anyone who using automation will get something out of this. Recommended (Just for this one chapter if nothing else)
Regards
Peter

Thanks to this mention I decided to check out New Market Wizards using a free audible credit. But as it's the second title in a very long-running series I decided to listen to the latest one first, Unknown Market Wizards. (A new title, Market Wizards: The Next Generation, is due to be released in June.)

I'd never read anything about financial trading before. Both titles are excellent if you want something motivational and there's a lot to glean as well; hearing it from the horse's mouth is always worthwhile. Just the size of their successes and blowouts is staggering! Nicely narrated too (if you don't mind one or two awkward British accents in UMW hehe).

From a sports trading perspective, especially for those new to financial markets, I'd say UMW is the more suitable/useful choice as it gets to the meat more quickly, there isn't as much industry-specific discussion, and the interviews are from 2019-20 with individuals who trade their own accounts rather than outside capital. That said, NMW features some remarkable characters and I found their stories more varied and engrossing overall, and the content still feels relevant and insightful after more than 30 years.

I enjoyed the Eckhardt chapter in NMW a lot, although I didn't take a great deal away from it personally. The general theme was, 'if it feels comfortable it's probably wrong' which probably isn't big news to those already inclined towards auto trading. But engaging and valuable nonetheless.

Jack Schwager is himself an interesting character to me having checked out some youtube interviews before and after listening to the books (he does tend to reel off the same script but after decades of the same questions who can blame him!) One thing I found to be just as pertinent as the lessons from the books is that even with all the industry knowledge one could wish for, his own trading never took off. He explains that his emotional response doesn't make for an enjoyable experience and that he also lacks the necessary talent. Seems to me that, sometimes, those two things are almost one and the same.

I'll definitely get around to his new book at some stage and probably the other titles in the series as well eventually. Thoroughly enjoyable and recommended - thank you, Peter.