Market Wizards
Jack D. Schwager · 1989
Schwager interviewed the great traders of the 1980s, Paul Tudor Jones, Ed Seykota, Jim Rogers, Michael Marcus, and asked them all the same quiet question: how do you survive? The answers converge on temperament, loss-taking, and knowing your size. Thirty-five years on, it remains the founding text on why the trade is you.
The case against
The interviews repeat their lessons by design, cut losses, respect risk, know yourself, and the market color is frozen in 1988: currency pits, commodity floors, telephone orders. Some wizards later blew up, which the book cannot know and never revisits. Read it as psychology; as a playbook it is a museum.
Business & Investing · the Pro canon
The case for it and the rest of the canon open with Pro.
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