Today I was flattered to learn that my friend and former business partner, Curtis Faith, included some of my thoughts in his latest book, Inside the Mind of the Turtles: How the World's Best Traders Master Risk.
Curtis is a former member of Richard Dennis and William Eckhardt's famous group of 'trend-follower" style traders, the Turtles, and his new book is about how great traders respond to risk.
I haven't seen the book yet, but according to Amazon.com's Editorial Review, "You'll find valuable advice not only from Faith, but from some of the greatest financial minds on the scene today, including fellow Turtle Jerry Parker, venture capitalist Simon Olson, and Howard Lindzon, founder of the popular Web site WallStrip."
While I wouldn't characterize myself as "one of the greatest financial minds on the scene today" (a phrase that I would reserve for Nicholas Nassim Taleb, Alan Howard, and a handful of others), I am definitely interested in the management of risk.
From what I can remember, my comments were related to the fact that you can't avoid risk, but that you can take definitive steps to skew the odds in your favor.
Anyway, if you are interested in learning more, buy a copy of Curtis' book! :)
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