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To see what your friends thought of this book, please sign up. I have to say I was somewhat disappointed.

He worked at Business Week magazine from to aaxiomas during the following two years he was the contributing editor for Time Magazine. Amazon Second Chance Pass it on, trade it in, give it a second life. The Tenth Major Axiom: Comece a ler The Zurich Axioms no seu Kindle em menos de um minuto. The Zurich Axioms is a axoomas short and lively book with a pedigree that it is very easy to feel sympathetic about.

Beware the Correlation and Causality Delusions. After anyone’s zuique investing for any length of time, they realize that no one can predict the future – regardless of how many experts try to convince us otherwise.

There’s a problem loading this menu right now. While it is an entertaining read, if someone is looking for truly useful advice, I would recommend “The Coffeehouse Investor” or “Millionaire Teacher”.

The Zurich Axioms by Max Gunther

Of course, everyone wants to get rich. The Fifth Major Axiom: Good book, thumbs up. Gunther graduated from Princeton University in and served in the United States Army from to Os axiomas de Zurique [The Axioms of Zurich].


The book came about zuriqhe Max Gunter one time, when being advised by his father to make an investment, asked him what the basis was for the advice, what Frank Henry axiomaa his Swiss acquaintances actually based their decisions on. Open Preview See a Problem?

This is aaxiomas book of what not to do. Simple to understand and follow. Life should be an adventure. Published September 1st by Souvenir Press first published When, what, why, how, where should a speculative bet be made?

Rich Dad Poor Dad: Evey axiom has wisdom that you may not gain elsewhere or even if you have the opportunity to learn them by your own, each one may cost you more than if you have read this.

Page 1 of 1 Start over Page 1 of 1. Several of the Axioms fly right in the face of the traditional wisdom of the investment advice business – yet the enterprising Swiss speculators who devised them became rich, while many investors who follow the conventional path do not. The bottom line is that no one can predict the future and every “investment” is a speculation.

He then served as a contributing editor of Time for two years. This book contains a bunch of ‘axioms’ or maxims on risk management aka speculation. Visualizar ou modificar seus pedidos em sua conta.

The Zurich Axioms

Then stay there, but not too long. Aug 30, Harish Puvvula rated it liked it.

Never hesitate to abandon a venture if something more attractive comes into view. Overall, the axiomsa of Frank Henry and his fellow Swiss bankers is based on trading psychology that much later formed parts of what is today know as behavioral finance.


Never try to save a bad investment by “averaging down. Stuff about not diversifying too much, no charting, how to bet heavily but not too heavily, etc.

To ask axoomas readers questions about The Zurich Axiomsplease sign up. Amazon Drive Cloud storage from Amazon. He served in the U. Distrust anyone who claims to know the future, however dimly.

The Seventh Major Axiom: However, this is the best book I have read that specifically targets the rules of risk management, which apply to any speculative venture whether it’s real estate, collectibles, stocks or bonds.

Startlingly straightforward, the Axioms zxiomas explained in a book that is not only extremely entertaining but will prove invaluable to any investor, whether in stocks, commodities, art, antiques or real estate, who is willing to take risk on its own terms and chance a little to gain a lot.

At the start, the book argues there is no difference in investment and speculation and gamble which I have to fundamentally disagree. Sold and delivered by Audible, an Amazon company. Its a very engaging writing style and full of lessons – axioms – for how to grow wealth and blah blah.

Nov 05, Akhil Jain rated it liked it.