What I Learned Losing a Million Dollars
Failed to add items
Add to cart failed.
Add to wishlist failed.
Remove from wishlist failed.
Follow podcast failed
Unfollow podcast failed
2 credits with free trial
Buy Now for ₹668.00
No valid payment method on file.
We are sorry. We are not allowed to sell this product with the selected payment method
-
Narrated by:
-
Patrick Lawlor
-
Written by:
-
Jim Paul
-
Brendan Moynihan
-
Jack Schwager - foreword
About this listen
Tim Ferriss Book Club Selection
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.
Also included is a bonus hour-long interview between co-author Brendon Moynihan and noted investor, business advisor, and best-selling author Tim Ferriss.
©2013 Brendan Moynihan (P)2014 Tim FerrissPeople who bought this also bought...
-
Best Loser Wins
- Why Normal Thinking Never Wins the Trading Game
- Written by: Tom Hougaard
- Narrated by: Richard Faymonville
- Length: 6 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
Normal thinking leads to normal results. For exceptional results, traders must think differently. This book will guide and inspire you in ways no other trading book has. It is not about strategies and money management. It is about mind management. Tom Hougaard provides a unique and refreshingly personal account of how an ordinary trader elevated his game to incredible heights by focusing as much on his mental approach as on his technical analysis. Best Loser Wins explains how you, by thinking differently when you are trading, can elevate your game from mediocre to excellent.
-
-
An absolute Game changer ( modern day mark doughla
- By Shivam Singh on 09-11-22
-
The High Probability Options Trader
- Winning Strategies to Take You to the Next Level
- Written by: Marcel Link
- Narrated by: Brian Wiggins
- Length: 10 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
Professional options trader Marcel Link argues that the most successful traders are the ones who treat trading like a business. It's how he turned trading into a full-time job, and he shares all his secrets with you. In The High Probability Options Trader, Link explains how to take advantage of online tools, offers a thorough but easy-to-understand explanation of option Greeks, and provides many effective strategies.
-
Unknown Market Wizards
- The Best Traders You've Never Heard Of
- Written by: Jack D. Schwager
- Narrated by: DJ Holte
- Length: 12 hrs
- Unabridged
-
Overall
-
Performance
-
Story
Unknown Market Wizards continues in the three-decade tradition of the hugely popular Market Wizards series, interviewing exceptionally successful traders to learn how they achieved their extraordinary performance results. The twist in Unknown Market Wizards is that the featured traders are individuals trading their own accounts. They are unknown to the investment world. Despite their anonymity, these traders have achieved performance records that rival, if not surpass, the best professional managers.
-
-
excellent for traders to discover themselves
- By Placeholder on 21-04-21
-
High Probability Trading
- Take the Steps to Become a Successful Trader
- Written by: Marcel Link
- Narrated by: Ric Chetter
- Length: 12 hrs and 31 mins
- Unabridged
-
Overall
-
Performance
-
Story
A common denominator among most new traders is that, within six months of launching their new pursuit, they are out of money and out of trading. High-Probability Trading softens the impact of this "trader's tuition," detailing a comprehensive program for weathering those perilous first months and becoming a profitable trader. This no-nonsense book takes a uniquely blunt look at the realities of trading. Filled with real-life examples and intended for use by both short- and long-term traders, it explores each aspect of successful trading.
-
-
Ultimate on trading psychology
- By Mrugesh on 19-12-21
-
How I Made $2,000,000 in the Stock Market
- Written by: Nicolas Darvas
- Narrated by: Ronald Eastwood
- Length: 3 hrs and 29 mins
- Unabridged
-
Overall
-
Performance
-
Story
Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over, he fled at the age of 23 with a forged exit visa and 50 pounds sterling to stave off hunger in Istanbul, Turkey. During his off hours, he read some 200 books on the market and speculators, studying as much as eight hours a day. Darvas invested his money into some of stocks that had been hitting their 52-week high. He was surprised that the stocks continued to rise and subsequently sold them to make a large profit.
-
-
Inspiring journey of a new investor
- By Amazon Customer on 13-05-21
-
The Mental Game of Trading
- A System for Solving Problems with Greed, Fear, Anger, Confidence, and Discipline
- Written by: Jared Tendler
- Narrated by: Jared Tendler
- Length: 9 hrs and 44 mins
- Unabridged
-
Overall
-
Performance
-
Story
If you are like most traders, you probably overlook or misunderstand mental and emotional obstacles. While many trading psychology books offer sound advice, they don't show you how to do the necessary work. That's why you haven't solved the problems hurting your performance. With straight talk and practical solutions, Jared Tendler brings a new voice to trading psychology. In The Mental Game of Trading, he busts myths about emotions, greed, and discipline, and shows you how to look past the obvious to identify the real reasons you're struggling.
-
-
Feeling it hard to complete
- By Mayank on 09-02-22
-
Best Loser Wins
- Why Normal Thinking Never Wins the Trading Game
- Written by: Tom Hougaard
- Narrated by: Richard Faymonville
- Length: 6 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
Normal thinking leads to normal results. For exceptional results, traders must think differently. This book will guide and inspire you in ways no other trading book has. It is not about strategies and money management. It is about mind management. Tom Hougaard provides a unique and refreshingly personal account of how an ordinary trader elevated his game to incredible heights by focusing as much on his mental approach as on his technical analysis. Best Loser Wins explains how you, by thinking differently when you are trading, can elevate your game from mediocre to excellent.
-
-
An absolute Game changer ( modern day mark doughla
- By Shivam Singh on 09-11-22
-
The High Probability Options Trader
- Winning Strategies to Take You to the Next Level
- Written by: Marcel Link
- Narrated by: Brian Wiggins
- Length: 10 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
Professional options trader Marcel Link argues that the most successful traders are the ones who treat trading like a business. It's how he turned trading into a full-time job, and he shares all his secrets with you. In The High Probability Options Trader, Link explains how to take advantage of online tools, offers a thorough but easy-to-understand explanation of option Greeks, and provides many effective strategies.
-
Unknown Market Wizards
- The Best Traders You've Never Heard Of
- Written by: Jack D. Schwager
- Narrated by: DJ Holte
- Length: 12 hrs
- Unabridged
-
Overall
-
Performance
-
Story
Unknown Market Wizards continues in the three-decade tradition of the hugely popular Market Wizards series, interviewing exceptionally successful traders to learn how they achieved their extraordinary performance results. The twist in Unknown Market Wizards is that the featured traders are individuals trading their own accounts. They are unknown to the investment world. Despite their anonymity, these traders have achieved performance records that rival, if not surpass, the best professional managers.
-
-
excellent for traders to discover themselves
- By Placeholder on 21-04-21
-
High Probability Trading
- Take the Steps to Become a Successful Trader
- Written by: Marcel Link
- Narrated by: Ric Chetter
- Length: 12 hrs and 31 mins
- Unabridged
-
Overall
-
Performance
-
Story
A common denominator among most new traders is that, within six months of launching their new pursuit, they are out of money and out of trading. High-Probability Trading softens the impact of this "trader's tuition," detailing a comprehensive program for weathering those perilous first months and becoming a profitable trader. This no-nonsense book takes a uniquely blunt look at the realities of trading. Filled with real-life examples and intended for use by both short- and long-term traders, it explores each aspect of successful trading.
-
-
Ultimate on trading psychology
- By Mrugesh on 19-12-21
-
How I Made $2,000,000 in the Stock Market
- Written by: Nicolas Darvas
- Narrated by: Ronald Eastwood
- Length: 3 hrs and 29 mins
- Unabridged
-
Overall
-
Performance
-
Story
Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over, he fled at the age of 23 with a forged exit visa and 50 pounds sterling to stave off hunger in Istanbul, Turkey. During his off hours, he read some 200 books on the market and speculators, studying as much as eight hours a day. Darvas invested his money into some of stocks that had been hitting their 52-week high. He was surprised that the stocks continued to rise and subsequently sold them to make a large profit.
-
-
Inspiring journey of a new investor
- By Amazon Customer on 13-05-21
-
The Mental Game of Trading
- A System for Solving Problems with Greed, Fear, Anger, Confidence, and Discipline
- Written by: Jared Tendler
- Narrated by: Jared Tendler
- Length: 9 hrs and 44 mins
- Unabridged
-
Overall
-
Performance
-
Story
If you are like most traders, you probably overlook or misunderstand mental and emotional obstacles. While many trading psychology books offer sound advice, they don't show you how to do the necessary work. That's why you haven't solved the problems hurting your performance. With straight talk and practical solutions, Jared Tendler brings a new voice to trading psychology. In The Mental Game of Trading, he busts myths about emotions, greed, and discipline, and shows you how to look past the obvious to identify the real reasons you're struggling.
-
-
Feeling it hard to complete
- By Mayank on 09-02-22
-
The New Market Wizards
- Conversations with America's Top Traders
- Written by: Jack D. Schwager
- Narrated by: DJ Holte
- Length: 16 hrs and 1 min
- Unabridged
-
Overall
-
Performance
-
Story
In The New Market Wizards, successful traders relate the financial strategies that have rocketed them to success. Asking questions that listeners with an interest or involvement in the financial markets would love to pose to the financial superstars, Jack D. Schwager encourages these financial wizards to share their insights. Entertaining, informative, and invaluable, The New Market Wizards is destined to become another Schwager classic.
-
-
A must for every trader
- By Pinaki Jena on 17-02-21
-
Reminiscences of a Stock Operator
- Written by: Edwin Lefevre
- Narrated by: Tom Logan
- Length: 11 hrs and 17 mins
- Unabridged
-
Overall
-
Performance
-
Story
Edwin Lefevre was a stockbroker and an independent investor, as well as a novelist and writer of short stories. This lightly fictionalized account of the career of stock speculator Jesse Livermore was first published in 1923. Now, nearly 100 years later, Reminiscences of a Stock Operator remains highly recommended for an understanding of investment. Lefevre’s trading advice and analyses of market price movements are as relevant today as in 1923.
-
-
It's all about trading psychology with a calculated risk taking ability!
- By Glenn Francis on 09-03-24
-
Mastering Trading Psychology
- Improve Your Trading with Firsthand Reports by Real-Life Traders
- Written by: Andrew Aziz, Mike Baehr
- Narrated by: Chris Abell
- Length: 9 hrs and 19 mins
- Unabridged
-
Overall
-
Performance
-
Story
Andrew Aziz describes technology, strategy, and psychology as the three essential pillars of successful trading, and he knows that the psychological aspects of trading are the most likely to be underestimated or even ignored. He wrote Mastering Trading Psychology to help traders enhance their understanding of this crucial pillar of trading and to strengthen their "mental skills" in order to maximize their performance.
-
-
excellent book
- By Harshad gujrathi on 21-07-24
-
The Complete TurtleTrader
- How 23 Novice Investors Became Overnight Millionaires
- Written by: Michael W. Covel
- Narrated by: Joel Richards
- Length: 10 hrs and 8 mins
- Unabridged
-
Overall
-
Performance
-
Story
This is the true story behind Wall Street legend Richard Dennis, his disciples, the Turtles, and the trading techniques that made them millionaires. What happens when ordinary people are taught a system to make extraordinary money? Richard Dennis made a fortune on Wall Street by investing according to a few simple rules.
-
-
Amazing, must read.
- By Siddharth Govil on 29-08-24
-
Market Wizards
- Interviews with Top Traders
- Written by: Jack D. Schwager, Bruce Kovner, Richard Dennis,
- Narrated by: Dj Holte
- Length: 14 hrs and 41 mins
- Unabridged
-
Overall
-
Performance
-
Story
What separates the world's top traders from the vast majority of unsuccessful investors? In this iconic financial classic, Jack Schwager sets out to answer this question in his interviews with superstar money-makers including Bruce Kovner, Richard Dennis, Paul Tudor Jones, Michel Steinhardt, Ed Seykota, Marty Schwartz, Tom Baldwin, and more in this audiobook.
-
-
One of the best books.
- By G M Rao on 20-08-20
-
The Crash of 2008 and What It Means
- The New Paradigm for Financial Markets
- Written by: George Soros
- Narrated by: Grover Gardner
- Length: 6 hrs and 39 mins
- Unabridged
-
Overall
-
Performance
-
Story
In the midst of one of the most serious financial upheavals since the Great Depression, George Soros, the legendary financier and philanthropist, has written a significant update to his New York Times best seller, The New Paradigm for Financial Markets. The revised and updated edition, The Crash of 2008 and What It Means, contains four new chapters, in which he looks at the depth and breadth of the credit crash and proposes an updated set of policies to confront the global financial crisis.
Critic Reviews
What listeners say about What I Learned Losing a Million Dollars
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
-
Overall
-
Performance
-
Story
- Deepanshu jindal
- 29-10-21
What I Learned Losing a Million Dollars
Very important book for anyone who wants to invest in the market. The early you read this the better.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Srinivas Ganapathi
- 03-03-21
A beautiful narration
A lovely story telling style makes the book awesome . A beautiful and wonderful book to hear
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
1 person found this helpful
-
Overall
-
Performance
-
Story
- Amazon Customer
- 13-01-21
good book
good book for beginners specially who gets carried away in market blindly and get lost. this book will help them to be wise and thoughtful
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Amazon Customer
- 28-02-20
An informative, entertaining and educational book
An informative, entertaining and educational book that sums up the psychology behind making losses in trading, and dealing with them based on the author's experiences.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
1 person found this helpful
-
Overall
-
Performance
-
Story
- Ayush D
- 25-02-21
Excellent Lessons - Great Narration!
Very well narrated. Brilliant lessons that any person looking to make money through almost any instrument should surely read. Lot to learn!
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
1 person found this helpful
-
Overall
-
Performance
-
Story
- Sanjiv
- 27-05-20
Essential tool kit for investors
A text book for investors and traders. A must have plan for control over emotions and ego.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
1 person found this helpful
-
Overall
-
Performance
-
Story
- Gaurav Yadvanshi
- 11-06-24
Too much unnecessary information
The background story of author , preaching his charisma, and so much unnecessary information like dating Tip, school, army etc is unnecessary. Wasted my time and credit on this book ... not recommended I expected something close to "Best looser wins", but this book is not even 10% of it
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
1 person found this helpful