![]() Ray DalioĪ master of preserving capital, Dalio founded his own hedge fund at the age of 25. Simons deciphered codes during the Vietnam War and founded Renaissance Technologies. ![]() And, in an apparent contradiction to their sometimes headline-making wins, most of them attribute their long-running success to a firm recognition that they will never beat the market all the time and that therefore their secret is to know how to reduce the loss-making plays.Īn economist by training, Jones turned the October 1987 stock market crash into a triumph. Although they have immense wealth, they keep their feet firmly on the ground and most of them routinely give away large chunks of their fortune to a variety of causes close to their hearts. They never believe they have all the answers – indeed one of the best, Paul Tudor Jones, preaches modesty in the face of even the biggest coups. But the one common feature in the operating principles – not techniques – of the world’s most successful traders is the very opposite of the chest-thumping, high-living, “greed is good” braggadocio of Gordon Gekko from 1987’s Wall Street.ĭespite making billions of dollars in the markets over the years, some traders still retain a healthy respect for their dangerous unpredictability. Some traders swear by fundamental analysis, some by technical strategies and others by different combinations of the two. Traders working on the floor of the New York Stock Exchange Top 5 ways to tackle innovation stress in the workplace.Top 5 ways to prepare your workforce for the AI revolution.Top 5 ways to build psychological safety in the workplace.Top 5 ways to maximise new parents’ work-life balance with technology.Top 5 tips for avoiding the ‘conference vortex’.Top 5 ways to promote a healthy workforce.Top 5 tips for going into business with your spouse.Top 5 ways CEOs can create an ethical company culture.Top 5 ways to encourage gender diversity in the workplace.Top 5 ways managers can support ethnic minority workers.Top 5 tips for a successful joint venture.Top 5 ways to create a family-friendly work culture.Top 5 ways to manage the board during turbulent times.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |