I am pretty confident that most of you have read Schwager's two seminal and classic works on trader interviews, Market Wizards and New Market Wizards... Please discuss which, if any, of the following characters have had a profound effect on your trading and/or motivation... Market Wizards: 1) Michael Marcus 2) Bruce Kovner 3) Richard Dennis 4) Paul Tudor Jones 5) Gary Bielfeldt 6) Ed Seykota 7) Larry Hite 8) Michael Steinhardt 9) William O'Neil 10) David Ryan 11) Marty Schwartz 12) James B Rogers 13) Mark Weinstein 14) Brian Gelber 15) Tom Baldwin 16) Tony Saliba 17) Dr Van K Tharp New Market Wizards: 18) Bill Lipschutz 19) Randy McKay 20) William Eckhardt 21) Monroe Trout 22) Al Weiss 23) Stanley Druckenmiller 24) Gil Blake 25) Victor Sperando 26) Tom Basso 27) Linda Bradford Raschke 28) Mark Ritchie 29) Blair Hull 30) Jeff Yass 31) Charles Faulkner 32) Robert Krausz
6) Ed Seykota He really seems to get down to the heart and soul of any endeavor. It takes focus, it takes believing in the idea of abundance, it takes almost intuition and faith. I find Seykota to be almost a yogi of trading. He really sunk in the idea for me a while back that I am not going to see all the possibilities if I am preoccupied already trying to examine a specific outcome. So true to life. Not sure what hes up to now though, last I heard he started running a cult???
Although I now disagree with him on philosophical matters, Sperandeo had a big impact on me, especially as I read both his books (not just the Wizards interview); I really liked his approach to the markets and he came across to me as just an all around great guy. Definitely someone I'd love to have dinner or a beer with and have a chat. Another that's had a big impact on me after reading Wizards (though not from reading it) is Jim Rogers. I love Michael Marcus's "come from behind" story the most -- although many have good ones -- and I was most impressed by Marc Weinstein's record. Is there anyone who didn't find Tom Baldwin to be a total jerkoff? In the 2nd book, I think Bill Eckhardt's interview is far and away the most informative.
Over 90% profitable. Amazing. I patterned my trading after his and improved markedly. He trades pullbacks or fades overdone markets (I just trade pullbacks). I only ave around 50% winners, but trading pullbacks has greatly improved my risk/reward (always 1/2 min). Jay
Ed Seykota the most interest to me as far as his mind and the way he viewed the market. Love his responses to the questions asked of him. Also liked Bruce Kovner. AllenZ
What I found was that it is easy to confuse brains with a bull market. Now, if he was to follow up with interviews on what these "Wizards" have done since April 2000...(other than running web sites!)...well, that would be a heck of a lot more interesting.