The Nature of Risk: Stock Market Survival & the Meaning of Life

by Justin Mamis

Sometimes the biggest risk of all is taking one, and the need to be sure you are making the right choice actually increases the risk. The market is not efficient and hedging doesn't work. To rely on charts to understand the market is Mamis' way. The author is an excellent market technician who offers sound financial guidance and insights into the prepared mind. He gets your thinking going with a comfortable investment philosphy that will often go against convention. There are enough anecdotes, war stories, and charts to make for sound advise. The path to market freedom is technique, and you don't have to be one of the best traders to succeed with experience. It seems to me that the entire 1990s have confirmed the ambiguities of market language and how to operate in such a world. You will know how to keep risk at bay which most of us find not to be an easy task. 241 pages.

Genres: Nonfiction, Finance, Business

256 pages, Paperback

First published October 1, 1991

About the author

Justin Mamis was senior vice president and chief market technician at Hancock Institutional Equity Services in New York, and now publishes his own institutional market letters.

Reviews

[James · Rating 1 out of 5]

I read this book because it was recommended in another book I read,
the author is totally scatter brained.
Jumping from one bit of trivia to another.

And it is loaded with cliche's like:
The rich get richer and the poor get poorer.

Many comments about companies that no longer exist
and stock market action that occurred long ago and wouldn't be interesting to a person who wasn't in the market in the 60's & 70's.