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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Life ought to be an adventure, not a vegetation, where you face jeopardy and try to overcome it. An investigation into extreme and unusual investment techniques Paperback.
The Zurich Axioms
This is a relatively basic book that tends to disprove or caution the zurich axioms by max gunther zurifh financial cliche’s and being lulled into false security or poor investments. Return to Book Page. The first axiom is on risk. He worked at Business Week magazine from to and during the following two years he was the contributing editor for Time Magazine. Max Gunther — was an Anglo-American journalist and writer. The Zurich Axioms 3.
Book Review of The Zurich Axioms by Max Gunther
Sep 09, Saket Saurabh rated it really liked it. Max Gunther writes the book in a very engaging way that is also easy to read and, realistic. If you have a dozen balls in the air and half of them start to the zurich axioms by max gunther in the wrong direction, your chances of getting out of the dilemma without a black eye are not very good. You are commenting using your Twitter account. I suggest you read the chapters axioms that sound interesting to you.
Resist the allure of diversification Diversification, while reducing your risks, reduces by the same degrees any hope you may have of getting rich.
Even the most rational minds perceive links of cause and effect where none exists.
You are commenting using your WordPress. Winning streaks happen with any game of chance.
The Zurich Axioms: Max Gunther: : Books
Views Read Edit View history. The Fifth Major Axiom: Naturally, in selecting an investment and committing money to it, you harbor the hope that its future will be bright. At the start, the book argues there zuricn no difference in investment and speculation and gamble which I have to fundamentally disagree.
Most recent customer reviews. One key is lopsided bets where the downside is small but the potential payoff is large.
Quotes from The Zurich Axioms. He lived most of his adult live in Ridgefield, Connecticut. Expect to the zurich axioms by max gunther several while awaiting a large gain. Confidence springs from the constructive use of pessimism.
The Second Major Axiom: But this worry, the First Axiom insists, is not the sickness modern psychology believes it to be.
The book gives you clarity on what to expect and how to go about it. Instead, stay light on your feet. By continuing to use this website, you agree to their use. Do not become trapped in a souring venture because of loyalty or nostalgia.
See all 73 reviews. Mar 26, June Ding rated it did not the zurich axioms by max gunther it Shelves: The Zurich Axioms by Max Gunther is one of the worst books ever written. Jun 11, Guigo8 rated it really liked it. The more speculations you get into, the more time and study they will require. Please try again later. Amazon Drive Cloud storage from Amazon.
Reminiscences of a Stock Operator. Your studying may have improved the odds in your favor, but you still cannot ignore the overwhelmingly large role of chance in the the zurich axioms by max gunther.
Its message is that you must learn neither to avoid risk nor to court it foolhardily, but to manage it – and enjoy it too. Be persevering but not stubborn: