Jack Schwager on the Glory Days of Trading (Podcast)

Jack Schwager's 'Market Wizards' series delves into the strategies and mindsets of successful traders. Each book features interviews with prominent figures in the trading world, offering insights into their approaches, decision-making processes, and experiences. The series explores various trading styles, risk management techniques, and the psychological aspects of trading. Schwager's work is highly regarded for its practical advice and real-world examples. The books provide valuable lessons for both aspiring and experienced traders.

Candice Millard's "The River of Doubt" recounts Theodore Roosevelt's perilous journey down the uncharted River of Doubt in the Amazon. The book details the physical and mental hardships faced by Roosevelt and his team, highlighting their resilience and determination in the face of adversity. Millard masterfully weaves together historical accounts, personal diaries, and scientific research to create a gripping narrative. The expedition's challenges and near-death experiences underscore Roosevelt's adventurous spirit and his ability to overcome obstacles. The book offers a fascinating glimpse into a pivotal moment in Roosevelt's life and the exploration of the Amazon.

This book details the almost two-year struggle for survival of the 28-man crew of the Endurance, which was beset and eventually crushed by ice floes in the Weddell Sea during the Imperial Trans-Antarctic Expedition of 1914-1917. The crew drifted on ice floes, salvaged lifeboats, and eventually reached Elephant Island. Shackleton then led a perilous journey to South Georgia Island to secure rescue, culminating in one of the most remarkable survival stories in history. Lansing's narrative is based on extensive research, including interviews with surviving crew members and access to their diaries and personal accounts.

In this highly acclaimed book, Dr. Robert B. Cialdini explains the psychology behind why people say yes and how to apply these insights ethically. The book outlines six universal principles of influence: Reciprocation, Commitment and Consistency, Social Proof, Liking, Authority, and Scarcity. The new and expanded edition includes a seventh principle, Unity, along with new research, insights, and examples. Cialdini uses memorable stories and relatable examples to make the subject accessible and easy to understand, helping readers become more skilled persuaders and defend themselves against unethical influence attempts.

In 'In the Kingdom of Ice', Hampton Sides recounts the true story of the USS Jeannette's disastrous 1879-1881 polar voyage. Led by Commander George W. De Long, the expedition aimed to reach the North Pole but ended in tragedy when the ship was crushed by ice. The crew's struggle for survival in the harsh Arctic environment is a testament to human endurance and determination. The book explores the historical context, including the theories of August Petermann and the sponsorship by James Gordon Bennett Jr.

Market Wizards is a must-read for traders and financiers, offering a deep dive into the strategies and mental attitudes of the world's most successful traders. The book includes interviews with traders such as Bruce Kovner, Richard Dennis, Paul Tudor Jones, and others, revealing their approaches to trading and the factors that contribute to their success. It covers a wide range of markets, including treasuries, futures, commodities, and more, and highlights the importance of solid methodology and proper mental attitude in trading.