Legendary investor Vernon Albright is the founding partner of Parthenon Capital, a $20 billion hedge fund that counts among its investors some of the world's wealthiest people. Albright, a billionaire himself, owes his success not just to investment acumen but also to his relationship with shadowy financier Buck Hendricks. After and unauthorized trade goes horribly wrong, and fearful of having to swap his pinstripes for prison stripes, Albright cuts a deal with Hendricks that would have made Faust blush, ceding behind the scenes control in Parthenon in exchange for a financial lifeline. Although Hendricks' overbearing personality has become intolerable for Albright, his insights have led to substantial trading profits for Parthenon, making it difficult to walk away.
THE BIG WIN is an anthology of the incredible stories of pioneers who have transcended race,
gender, and class to become investment legend. By analyzing the
investment acumen and strategies of men and women who make their
fortunes not only in the stock market, but also in real estate,
commodities, and high-yield bonds, we see how they each triumph by
drawing on personal strengths, transforming them into fortune-building
wisdom. THE BIG WIN is designed to help readers from all
backgrounds and levels of experience understand the qualities that make
for a great investor. The book distills the most important achievements
of these investment superstars into exciting and endlessly inspiring
stories to which readers can easily relate and use in their own financial pursuits to attain greater success.
THE BILLION DOLLAR MISTAKEoffers an up-closeaccount
of the career-defining mistakes that some of the world's most brilliant
billionaire investors have made -- and a revealing look at what average investors can learn from these mistakes.
While these missteps are spectacularly large, their causes are often
simple in practice, and often identical to the errors in investment
judgment made by everyday investors. Drawing on author Stephen Weiss's
nearly twenty-five years of experience at some of Wall Street's most prestigious firms, this book is based upon original research and interviews with legendary investors whodiscuss the most significant trade or investment that went against them, the magnitude of the loss, and its effect on their business and their personal lives.