Its our 100th podcast! More on this milestone soon.
In this week’s “Masters in Business” podcast, I talk with Jack Schwager, co-founder and Chief Research Officer for FundSeeder.
He is best known as the author of “Market Wizards: Interviews With Top Traders (there are 4 in the series). They remain among the most widely read books on Wall Street trading desks.
Schwager and I chat about how he managed to convince numerous top traders and asset managers to have long, on-the-record conversations with him. He notes his “secret sauce” was the editing process — turning what could be discursive, rambling digressions into coherent narratives. He said he did such a good job figuring out what the traders were trying to communicate that when he gave each a version of their chapter to approve the final edit, no one saw anything that they disagreed with.
We also discussed the consistent themes in Schwager’s interviews: Discipline, risk management and capital preservation, intellectual flexibility, personal responsibility and honest self-appraisal.
The radio portion broadcasts all weekend on Bloomberg and SiriuxXM (Friday at 9pm, Saturdays at 10am, 6pm, and 11pm, and Sundays at 3am)
You can hear the full interview, including the podcast extras, by downloading the podcast at iTunes, SoundCloud or Bloomberg.
All of our earlier podcasts are atiTunes, Soundcloud and Bloomberg.
Next week, we sit down with Danny Kahneman, behavioral & cognitive psychologist, winner of the Nobel prize for economics.
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