Online Read Ebook The Rule: How I Beat the Odds in the Markets and in Life-and How You Can Too
The Rule: How I Beat the Odds in the Markets and in Life-and How You Can Too. Larry Hite, Michael Covel

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ISBN: 9781260452655 | 256 pages | 7 Mb

- The Rule: How I Beat the Odds in the Markets and in Life-and How You Can Too
- Larry Hite, Michael Covel
- Page: 256
- Format: pdf, ePub, fb2, mobi
- ISBN: 9781260452655
- Publisher: McGraw-Hill Professional Publishing
Downloading google books The Rule: How I Beat the Odds in the Markets and in Life-and How You Can Too (English literature) 9781260452655 MOBI PDB DJVU by Larry Hite, Michael Covel
The empowering story of Larry Hite’s unlikely rise to the top of the hedge fund world—with critical insights and lessons you can take to the bank In The Rule, legendary trader and hedge fund pioneer Larry Hite recounts his working-class upbringing in Brooklyn as a dyslexic, partially blind kid who was anything but a model student—and how he went on to found and run Mint Investment Management Company, one of the most profitable and largest quantitative hedge funds in the world. Hite’s wild success is based on his deep understanding that markets are flawed—just like people. Through his early-life struggles and failures, Hite came to know himself well—his fears, his frustrations, his self-doubt, and his tolerance for all of the above. This motivational book reveals that by accepting the facts of his life and of himself, he was able to accept markets as they are. And that was the key to his success. In these pages, you’ll walk of the footsteps of an investing legend, who imparts smart, practical trading lessons throughout the journey. Making a successful living in trading isn’t about beating the markets. It’s about meeting markets where they are, embracing the fact of risk, knowing yourself, and playing it strictly by the numbers. The Rule shows that investing decisions are not only bets or gambles, but investments in time, energy, and attention. By focusing on realistic returns on your investments—versus what you expect or hope to get—you immediately improve your probability for success.
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The Rule: How I Beat the Odds in the Markets and in Life—and How
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Close to a billion dollars later, he tells his story for the first time. Veteran gamblers know you can't beat the horses. There are too many variables and too many possible outcomes. It thrilled him to see scientific principles play out in real life, and he liked the hedonistic city's eccentric characters. It was the
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I tested the models, refined them, and before too long I started to make money. of the match), over/under corner markets (where the stake is multiplied by Most bookmakers calculate odds to guarantee a 5% profit on every bet you place. The second rule of gambling is to make sure you understand the