The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires
Michael W. Covelamazon.com
The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires
Even if the VCs didn’t all realize that Sam was playing a video game at the same time that he was talking to them, most sensed that he didn’t care what they had to say. Ramnik came to think that Sam’s indifference to their feelings actually heightened their interest in him. That FTX was profitable and didn’t really need the money probably also help
... See moreMichael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Another common error in the psychology literature concerns what is called “mental accounting.” The Thorp, Kelly, and Shannon school of information theory requires that, for an investment strategy to be ergodic and eventually capture the return of the market, agents increase their risks as they are winning, but contract after losses, a technique cal
... See moreNassim Nicholas Taleb • Skin in the Game: Hidden Asymmetries in Daily Life
Most of the best deals that we have done would not have survived the scrutiny of a partnership.
Tarang Shah, Tarang Shah, Sheetal Shah • Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes
Asking friends what would kill their firms, I heard; Performance. Succession planning. Politics. There was plenty of overlap in their answers. What stuck out to me the most was how a lot of these fears closely aligned with the revolutions already going on in venture that I've been writing about. The productization and improvement in a venture funds... See more