Victor Niederhoffer: 1943-2026 Best suited for the intermediate-level investor or higher. Victor Niederhoffer is an eclectic, associative thinker: many of his ideas and insights emerge indirectly from what at first seem like off-topic tangents on literature, horse racing, sports or old films. Sometimes his writing requires a little extra patience, but it's always helpful to climb into his brain and poke around. You'll usually climb back out with a few new (and often highly unorthodox) ways to think about investing. I've always deeply respected Niederhoffer's candor about investing's various emotional and psychological challenges. Remember, he blew up twice : once in 1997 during the Asia crisis, and then a second time in 2007, four years after this book came out. Niederhoffer is entirely open about these blowups [1], and he is equally open about the regret, embarrassment and self-loathing that came with them. And yet each time, he returned to the game to try to lear...
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