Mark Weinstein

How do some of the world’s most successful traders amass millions of dollars in a year… or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success? Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves. Hear about: • Turning a $30,000 account in $80 million! • Having a fund average a 30% annual return over 21 years! • Parlaying $25,000 into $2 billion worth of T-bond future trading in a day! • Managing funds that have registered triple-digit gains five years in a row! • Realizing an astounding 250,000% return on accounts over 16 years!

Michael Marcus

Market Wizards: Michael Marcus, Blighting Never Strikes Twice
How do some of the world’s most successful traders amass millions of dollars in a year… or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success? Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves. Hear about: • Turning a $30,000 account in $80 million! • Having a fund average a 30% annual return over 21 years! • Parlaying $25,000 into $2 billion worth of T-bond future trading in a day! • Managing funds that have registered triple-digit gains five years in a row! • Realizing an astounding 250,000% return on accounts over 16 years!

Ed Seykota

Ed Seykota began his trading career at a major brokerage firm, where he conceived and developed the first commercial computerized trading system for managing clients’ money in the futures markets. His system proved quite profitable, but interference and second-guessing by management significantly impeded its performance. After leaving the brokerage firm, Seykota applied his systematized approach to trading a handful of accounts and his own money. During that period, the accounts Seykota managed witnessed an absolutely astounding rate of return. This interview allows you to examine the methods and insights of this trading great.

Larry Hite

Larry Hite’s interest in the financial markets was sparked by a college course, but his path to Wall Street included doing odd jobs and working as an actor and screenwriter. While fascinated with the futures markets, he didn’t have the slightest idea how to break into that field, so he began as a stockbroker. Several years later, he became a full-time commodities broker, eventually founding the Mint Investment Management Company. His objective was never to make the largest percentage return. Rather, Hite’s philosophy was to aim from the best growth rate consistent with extremely rigorous risk control. It is from this perspective that Mint really shines, and here, you will learn how Hite formulated and developed his trading philosophy.

Gary Bielfeldt

Gary Bielfeldt is a major player in the futures market, particularly T-bonds, the world’s largest futures market. Bielfeldt began his trading career with a $1,000 investment in the soybean market. By the early 1980s, his trading size had grown to the point that government-established speculative position limits were becoming an impediment, and Bielfeldt shifted to the T-bonds market. His trading philosophy is based on picking and becoming an expert in one area, rather than diversifying. Here, Gary Bielfeldt tells you why.

Richard Dennis

In mid-1983 famous commodities trader Richard Dennis was having an ongoing dispute with his long-time friend Bill Eckhardt about whether great traders were born or made. Dennis believed that he could teach people to become great traders. Eckhardt thought genetics were the determining factor.

In order to settle the matter, Dennis suggested that they recruit and train some traders and give them actual accounts to trade to see which one of them was correct.

They took out a large ad advertising positions for trading apprentices in Barron’s, the Wall Street Journal and the New York Times. The ad stated that after a brief training session, the trainees would be supplied with an account to trade.

This group was invited to Chicago and trained for two weeks at the end of December, 1983. They began trading small accounts at the beginning of January. After they proved themselves, Dennis funded most of the trainees with $1 million in February.

“The students were called the ‘Turtles.’ (Mr. Dennis, who says he had just returned from Asia when he started the program, explains that he described it to someone by saying, ‘We are going to grow traders just like they grow turtles in Singapore.’)” – Stanley W. Angrist, Wall Street Journal 09/05/1989

The Turtles became the most famous experiment in trading history because over the next four years, they earned an aggregate sum of over $100 million dollars.

Richard Dennis proved that with a simple set of rules, he could take people with little or no trading experience and make them excellent traders.

Market Wizards: Richard Dennis, A Legend Retires (Audio CD)

Tom Baldwin

Tom Baldwin
By most accounts, Tom Baldwin is the single largest individual trader in the T-bond pit. His trading size puts him in the same league as the primary institutional players. Single traders as large as 2,000 contracts ($200 million face value T-bonds) are not unusual for him. On a typical day, he may trade over 20,000 contracts (the equivalent of $2 billion in face value T-bonds). Baldwin is in his early thirties, having begun trading T-bonds six years prior to this interview.

Market Wizards: Tom Baldwin, The Fearless Pit Trader; Tony Saliba, “One-Lot” Triumphs (Audio CD)

James Rogers

How do some of the world’s most successful traders amass millions of dollars in a year… or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success? Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves. Hear about: • Turning a $30,000 account in $80 million! • Having a fund average a 30% annual return over 21 years! • Parlaying $25,000 into $2 billion worth of T-bond future trading in a day! • Managing funds that have registered triple-digit gains five years in a row! • Realizing an astounding 250,000% return on accounts over 16 years!
Market Wizards: James B. Rogers, Jr., Buying Value and Selling Hysteria

William O'Neil

William O’Neil
Market Wizards: William O’Neil, The Art of Stock Selection; David Ryan, Stock Investment as a Treasure Hunt
William O’Neil is an unreserved optimist and ebullient fan of the American economic system and its possibilities. O’Neil says, “Great opportunities occur every year in America. Get yourself prepared and go for it. You will find that little acorns grow into giant oaks. Anything is possible with persistence and hard work. It can be done, and your own determination to succeed is the most important element.” O’Neil is living proof of his own word: a classic American success story. Born in Oklahoma during the lean Great Depression years and raised in Texas, he went on to build dual fortunes as both an immensely profitable investor and highly successful businessman.

Market Wizards: Marty Schwartz

How do some of the world’s most successful traders amass millions of dollars in a year… or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success? Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves. Hear about: • Turning a $30,000 account in $80 million! • Having a fund average a 30% annual return over 21 years! • Parlaying $25,000 into $2 billion worth of T-bond future trading in a day! • Managing funds that have registered triple-digit gains five years in a row! • Realizing an astounding 250,000% return on accounts over 16 years!

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