{"product_id":"the-greatest-trades-of-all-time-isbn-9780470645994","title":"The Greatest Trades of All Time","description":"\u003cb\u003eHow top traders made huge profits during the most momentous market events of the past century\u003c\/b\u003e \u003cp\u003eFinancial and commodity markets are characterized by periodic crashes and upside explosions. In retrospect, the reasons behind these abrupt movements often seem very clear, but generally few people understand what's happening at the time. Top traders and investors like George Soros or Jesse Livermore have stood apart from the crowd and capitalized on their unique insights to capture huge profits.\u003c\/p\u003e \u003cp\u003eEngaging and informative, The Greatest Trades of All Time chronicles how a select few traders anticipated market eruptions?from the 1929 stock market crash to the 2008 subprime mortgage meltdown?and positioned themselves to excel while a majority of others failed. Along the way, author Vincent Veneziani describes the economic and financial forces that led to each market cataclysm and how these individuals perceived what was happening beforehand and why they decided to place big bets, often at great risk and in opposition to consensus opinion at the time.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eTraders discussed include George Soros, Jesse Livermore, Paul Tudor Jones, John Templeton, and John Paulson\u003c\/li\u003e \u003cli\u003eProvide contemporary traders and investors with insights on how great traders make great trades\u003c\/li\u003e \u003cli\u003eOffers insights on market forecasting, mass psychology, and the importance of personal conviction in trading\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAt a time when many investors are looking to the past for answers to the future, this book brings important historical moments in the financial markets to life.\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003eAbout the Author xv\u003c\/p\u003e \u003cp\u003eIntroduction xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 J. Kyle Bass: Timing is Everything 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Back Story 1\u003c\/p\u003e \u003cp\u003eA Few Definitions 2\u003c\/p\u003e \u003cp\u003eBass Asks Why 4\u003c\/p\u003e \u003cp\u003eLearning from the Past 6\u003c\/p\u003e \u003cp\u003eShorting Subprime Loans 7\u003c\/p\u003e \u003cp\u003eThe Best Position 8\u003c\/p\u003e \u003cp\u003eThe Effects of Abuse 11\u003c\/p\u003e \u003cp\u003eWho Was Watching? 13\u003c\/p\u003e \u003cp\u003eRe-creating Bass’s Trading Strategies 17\u003c\/p\u003e \u003cp\u003eBass’s Top Traits 17\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 James Chanos: The Real King of Enron 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEnter Enron 21\u003c\/p\u003e \u003cp\u003eReally Looking at Enron 23\u003c\/p\u003e \u003cp\u003eThe Best Position 26\u003c\/p\u003e \u003cp\u003eRecreating Chanos’s Trading Strategies 28\u003c\/p\u003e \u003cp\u003eA More Recent Example 28\u003c\/p\u003e \u003cp\u003eChanos’s Top Traits 30\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Paul Tudor Jones II: Legendary Global Macro Trader 31\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFollowing a Genius 31\u003c\/p\u003e \u003cp\u003eThe Path of Greatness 32\u003c\/p\u003e \u003cp\u003eStarting Out 33\u003c\/p\u003e \u003cp\u003eKnowing All the Markets 35\u003c\/p\u003e \u003cp\u003eGlobal Macro Trading 36\u003c\/p\u003e \u003cp\u003eElliot Wave Theory 38\u003c\/p\u003e \u003cp\u003eMore Keys to Jones’s Success 40\u003c\/p\u003e \u003cp\u003eSuccess beyond Trading 43\u003c\/p\u003e \u003cp\u003eRecreating Jones’s Trading Strategies 43\u003c\/p\u003e \u003cp\u003eJones’s Top Traits 44\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 John Templeton: Legendary Mutual Fund Manager 47\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Made Templeton Famous 47\u003c\/p\u003e \u003cp\u003eTempleton’s Life before Investing 49\u003c\/p\u003e \u003cp\u003eEducational Aspirations 50\u003c\/p\u003e \u003cp\u003eThe Married Life 52\u003c\/p\u003e \u003cp\u003eTempleton’s Big Move 53\u003c\/p\u003e \u003cp\u003eBack to New York 54\u003c\/p\u003e \u003cp\u003eLooking to the Future, and the Templeton Growth Fund 55\u003c\/p\u003e \u003cp\u003eTempleton’s Second Marriage and Fund 56\u003c\/p\u003e \u003cp\u003eThe Bahamas 57\u003c\/p\u003e \u003cp\u003eRecreating Templeton’s Trading Strategies 58\u003c\/p\u003e \u003cp\u003eTempleton’s Top Traits 59\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Jesse Livermore: Legendary Speculator 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLivermore’s History 61\u003c\/p\u003e \u003cp\u003eAt Home in New York 63\u003c\/p\u003e \u003cp\u003eFame and Fortune 63\u003c\/p\u003e \u003cp\u003eThe Panic of 1907 64\u003c\/p\u003e \u003cp\u003eThe Crash of 1929 65\u003c\/p\u003e \u003cp\u003eLivermore’s Tragic End 66\u003c\/p\u003e \u003cp\u003eAn Example of Livermore’s Influence Today 68\u003c\/p\u003e \u003cp\u003eRecreating Livermore’s Trading Strategies 69\u003c\/p\u003e \u003cp\u003eLivermore’s Top Traits 69\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 John Paulson: The Greatest Trade of All Time 73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePaulson’s Early Career 73\u003c\/p\u003e \u003cp\u003ePaulson \u0026amp; Co. 74\u003c\/p\u003e \u003cp\u003eThe Greatest Trade 74\u003c\/p\u003e \u003cp\u003eRecreating Paulson’s Trading Strategies 79\u003c\/p\u003e \u003cp\u003ePaulson’s Top Traits 81\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 George Soros: From Humble Beginnings to World Trader 83\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSoros’s Famous Trades 84\u003c\/p\u003e \u003cp\u003eThe Hardships of a Trading Genius 87\u003c\/p\u003e \u003cp\u003eGoing to School in London 88\u003c\/p\u003e \u003cp\u003eWork in New York 90\u003c\/p\u003e \u003cp\u003eJoining the Big Leagues 91\u003c\/p\u003e \u003cp\u003eFinding Himself 93\u003c\/p\u003e \u003cp\u003eCrashing from Success 95\u003c\/p\u003e \u003cp\u003eA New Protégé 97\u003c\/p\u003e \u003cp\u003eOnto the World Stage 98\u003c\/p\u003e \u003cp\u003eThe Backlash 100\u003c\/p\u003e \u003cp\u003eA Conflicted Mind 101\u003c\/p\u003e \u003cp\u003eA New Era 101\u003c\/p\u003e \u003cp\u003eRecreating Soros’s Trading Strategies 102\u003c\/p\u003e \u003cp\u003eSoros’s Top Traits 103\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 David Einhorn: A Company’s Worst Nightmare 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAllied is Not an Ally 105\u003c\/p\u003e \u003cp\u003eLucky Lehman 108\u003c\/p\u003e \u003cp\u003eThe Great Beyond 110\u003c\/p\u003e \u003cp\u003eRecreating Einhorn’s Trading Strategies 111\u003c\/p\u003e \u003cp\u003eEinhorn’s Top Traits 112\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Martin Schwartz: From Amateur to Superstar 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStart Small, Go Big 115\u003c\/p\u003e \u003cp\u003eTrading Like a Rock Star 117\u003c\/p\u003e \u003cp\u003eWinding Down 118\u003c\/p\u003e \u003cp\u003eRecreating Schwartz’s Trading Strategies 120\u003c\/p\u003e \u003cp\u003eSchwartz’s Top Traits 121\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 John Arnold: Master of Energy 123\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSuccess at Enron 123\u003c\/p\u003e \u003cp\u003eCentaurus Energy 124\u003c\/p\u003e \u003cp\u003eThe Explosion 126\u003c\/p\u003e \u003cp\u003eRecreating Arnold’s Trading Strategies 127\u003c\/p\u003e \u003cp\u003eCrude Oil 127\u003c\/p\u003e \u003cp\u003eNatural Gas 128\u003c\/p\u003e \u003cp\u003eArnold’s Top Traits 130\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 More Great Trades: Phillip Falcone, David Tepper, Andrew Hall, Greg Lippmann 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePhillip Falcone 131\u003c\/p\u003e \u003cp\u003eRecreating Falcone’s Trading Strategies 134\u003c\/p\u003e \u003cp\u003eDavid Tepper 135\u003c\/p\u003e \u003cp\u003eRecreating Tepper’s Trading Strategies 136\u003c\/p\u003e \u003cp\u003eAndrew Hall 138\u003c\/p\u003e \u003cp\u003eRecreating Hall’s Trading Strategies 139\u003c\/p\u003e \u003cp\u003eGreg Lippmann 141\u003c\/p\u003e \u003cp\u003eRecreating Lippmann’s Trading Strategies 143\u003c\/p\u003e \u003cp\u003eIn Summary 144\u003c\/p\u003e \u003cp\u003eNotes 147\u003c\/p\u003e \u003cp\u003eGlossary 149\u003c\/p\u003e \u003cp\u003eReferences 151\u003c\/p\u003e \u003cp\u003eHelpful Web Sites 157\u003c\/p\u003e \u003cp\u003eIndex 161\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eVINCENT W. VENEZIANI\u003c\/b\u003e is a trader and writer on markets, financial news, hedge funds, and??economics for financial publisher Markets Media. He has also appeared on CNBC, Russia Today, and the BBC as a commentator. Previously, Veneziani worked at Business Insider covering Wall Street and the economy. He has also written in the past for Gawker Media, AOL, the New York Daily News, Popular Mechanics, and TechCrunch. Veneziani currently resides in New York City.   \u003c\/p\u003e\u003cp\u003eWithin every market lies opportunity. Whether you're going long or short doesn't matter, it's how you play the game that ultimately counts. The extraordinary individuals examined throughout these pages skillfully identified incredibly profitable opportunities while their counterparts at other institutions either overlooked them or were unwilling to take the risk that would eventually bear great financial rewards.  \u003c\/p\u003e\u003cp\u003eIn discovering these various opportunities, these people were able to execute some of the greatest trades of all time. And now, financial journalist and trader Vince Veneziani shows you exactly how they did it.  \u003c\/p\u003e\u003cp\u003eEngaging and informative, \u003ci\u003eThe Greatest Trades of All Time\u003c\/i\u003e tells the story of fourteen top traders—ranging in time from the stock market crash of 1929 to today—and reveals how they positioned themselves to excel while a majority of those around them failed. Here, you'll be introduced to some of the best in the business, including: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eJesse Livermore, one of the greatest speculators of all time, who not only survived the Panic of 1907 and the Crash of 1929, but came out $100 million richer\u003c\/li\u003e \u003cli\u003ePaul Tudor Jones, whose keen analysis allowed him to predict the 1987 market crash practically to the day (Black Monday) and profit handsomely from it\u003c\/li\u003e \u003cli\u003eGeorge Soros, who netted a total of about $2 billion betting against the British pound during a currency crisis in the 1990s\u003c\/li\u003e \u003cli\u003eDavid Einhorn, the activist hedge fund manager of Greenlight Capital, whose most famous trades involved the controversial short sales of Allied Capital and Lehman Brothers\u003c\/li\u003e \u003cli\u003eJohn Paulson, whose bet against subprime mortgages in 2007 returned $15 billion for him and his investors\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAlong the way, you'll also gain valuable insight into the top traits of these traders as well as how you can effectively re-create some of the strategies that have served them so well.  \u003c\/p\u003e\u003cp\u003eAt the end of the day, it doesn't matter how much capital you start with or what strategy you employ. What really matters is sticking to your trading beliefs and only adjusting them in order to create profits or minimize losses.\u003ci\u003e The Greatest Trades of All Time\u003c\/i\u003e reveals how the individuals examined throughout these pages achieved this goal—as well as captured some of the biggest paydays in history—and shows you what it takes to apply their approaches to your own trading endeavors.\t   \u003c\/p\u003e\u003cp\u003eWithin every market lies opportunity. Whether you're going long or short doesn't matter, it's how you play the game that ultimately counts. The extraordinary individuals examined throughout these pages skillfully identified incredibly profitable opportunities while their counterparts at other institutions either overlooked them or were unwilling to take the risk that would eventually bear great financial rewards. \u003c\/p\u003e\u003cp\u003eIn discovering these various opportunities, these people were able to execute some of the greatest trades of all time. And now, financial journalist and trader Vince Veneziani shows you exactly how they did it. \u003c\/p\u003e\u003cp\u003eEngaging and informative, \u003ci\u003eThe Greatest Trades of All Time\u003c\/i\u003e tells the story of fourteen top traders—ranging in time from the stock market crash of 1929 to today—and reveals how they positioned themselves to excel while a majority of those around them failed. Here, you'll be introduced to some of the best in the business, including: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eJesse Livermore, one of the greatest speculators of all time, who not only survived the Panic of 1907 and the Crash of 1929, but came out $100 million richer\u003c\/li\u003e \u003cli\u003ePaul Tudor Jones, whose keen analysis allowed him to predict the 1987 market crash practically to the day (Black Monday) and profit handsomely from it\u003c\/li\u003e \u003cli\u003eGeorge Soros, who netted a total of about $2 billion betting against the British pound during a currency crisis in the 1990s\u003c\/li\u003e \u003cli\u003eDavid Einhorn, the activist hedge fund manager of Greenlight Capital, whose most famous trades involved the controversial short sales of Allied Capital and Lehman Brothers\u003c\/li\u003e \u003cli\u003eJohn Paulson, whose bet against subprime mortgages in 2007 returned $15 billion for him and his investors\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAlong the way, you'll also gain valuable insight into the top traits of these traders as well as how you can effectively re-create some of the strategies that have served them so well. \u003c\/p\u003e\u003cp\u003eAt the end of the day, it doesn't matter how much capital you start with or what strategy you employ. What really matters is sticking to your trading beliefs and only adjusting them in order to create profits or minimize losses.\u003ci\u003e The Greatest Trades of All Time\u003c\/i\u003e reveals how the individuals examined throughout these pages achieved this goal—as well as captured some of the biggest paydays in history—and shows you what it takes to apply their approaches to your own trading endeavors.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990243950821,"sku":"NP9780470645994","price":45.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470645994.jpg?v=1761787039","url":"https:\/\/k12savings.com\/products\/the-greatest-trades-of-all-time-isbn-9780470645994","provider":"K12savings","version":"1.0","type":"link"}