The Zurich Axioms has ratings and 53 reviews. Ricardo said: Para ser sincero eu esperava mais. É um livro muito comentado e respeitado entre os peque. 18 Jan The Zurich Axioms. The rules of risk and reward used by generations of Swiss bankers. By Max Gunther. Cover of The Zurich Axioms. 1 Jul Max Gunther’s “The Zurich Axioms” is aimed at investors but also offers valuable insights and rules of thumb for entrepreneurs.
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Every investor or speculator the distinction between the two has been treated rather harshly in this book relies on this qualitative grasp of the odds.
Most of them go against the conventional wisdom. When you see danger, jump out of the way. Related Video Shorts 0 Upload your video. Accept small losses cheerfully as a fact of life. Instead of attempting to organize your affairs to accommodate unknowable events in the future, react to events as they unfold in the the zurich axioms by max gunther. Never try to save a bad investment by averaging down In any situation where you are tempted to average down your costs, ask yourself this: Life ought to be an adventure, not a vegetation, where you face jeopardy and try to overcome it.
The Third Major Axiom: Distrust anyone who claims to know the future, however dimly. Learn how and when to remove these template messages.
Your recently viewed items and featured recommendations. If you buy automatically and unthinkingly for the single reason that nobody else wants it, it is almost as silly the zurich axioms by max gunther to bet unthinkingly with the herd. Max talks about always taking your profit too early! As simplistic as the axioms may sound, they aren’t easy to execute. Please help to improve this article by introducing more precise citations.
You bet I will read it again. No trivia or quizzes yet. This book is not yet featured on Listopia. The axioms sound true and useful, although interestingly they lean toward defensive strategy in the spirit of “first rule is not to lose any money”.
It tells you to get away promptly. A valid email address is required to receive your download link. Its a very engaging writing style and full of lessons – axioms – for how to grow wealth and blah blah. The zurich axioms by max gunther to experience several while awaiting a large gain.
The Zurich Axioms by Max Gunther
It is like climbing a mountain on a black, foggy night. Have you studied it? Daily Speculations, October 24, Livro essencial para qualquer investidor. Post was not sent – check your email addresses! Is it really the most promising bargain out of all the potential bargains around?
Max Gunther – Wikipedia
Take small losses to protect yourself against big ones. Expect to experience several while awaiting a large gain. Though what not to do is the zurich axioms by max gunther important advice, it kind of becomes a source of discouragement for beginners like me who have just but ventured into the world of investment. Beware the correlation and causality delusions Zhrich human mind is an order-seeking organ.
Reminiscences of a Stock Operator.
Please help improve it or discuss these issues on the talk page. The Battle for Investment Survival Paperback. This book is packed with value.
The reason being the Swiss are good at taking on risk and winning. And they ny even better when they make total sense like this book does.
The Zurich Axioms
Even the most rational minds perceive links of cause and effect where none exists. See all 73 reviews. There was a problem filtering reviews right now.