Jack D. Schwager quotes

Jack D. Schwager is a renowned author, fund manager, and industry expert with over 30 years of experience in the financial markets. He is best known for his bestselling series of market wizard books, where he interviews top traders and investors to uncover their secrets to success. Jack is also a co-founder of FundSeeder, a platform that helps traders showcase their skills to potential investors. With a deep understanding of market trends and strategies, Jack's insights have helped countless individuals navigate the complexities of investing. Stay updated on the latest trends and tips in the financial world by following Jack D. Schwager.

Kovner lists risk management as the key to successful trading; he always decides on an exit point before he puts on a trade. He also stresses the need for evaluating risk on a portfolio basis rather than viewing the risk of each trade independently. This is absolutely critical when one holds positions that are highly correlated, since the overall portfolio risk is likely to be much greater than the trader realizes.

- Jack D. Schwager

I succeeded because I didn’t know that I couldn’t.

- Jack D. Schwager

In trading, 80 percent of your profits come from 20 percent of your ideas.

- Jack D. Schwager