Books like What I Learned Losing a Million Dollars Columbia Business School Publishing by Jim Paul


Jim Paul charted a rapid ascent from a small town in Northern Kentucky to the helm of the Chicago Mercantile Exchange, only to lose his fortune, reputation, and job in a single catastrophic loss of $1.6 million. In this frank analysis, Paul teams with Brendan Moynihan to dissect the events that led to the loss and to trace the psychological impulses that drive poor financial decisions across commodity exchanges and other markets. The book lays out the trajectory of Paul’s early successes, the circumstances that culminated in the millennial decline, and, most importantly, the lessons about the limited number of sources of loss in trading. It explains how analytical error and psychological barriers derail investors, and offers a practical framework for recognizing, accepting, and avoiding these dangers in investing, trading, and speculation.
First publish date: 2013
Genre: Business & Economics/Finance
Authors: Jim Paul
★ ★ ★ ★ ★ 5.0 (1 community ratings)

What I Learned Losing a Million Dollars                            Columbia Business School Publishing by Jim Paul

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