Its our 100th podcast! More on this milestone soon.
Via Barry Ritholtz
In this week’s “Masters in Business” podcast, I talk with Jack Schwager, co-founder and Chief Research Officer for FundSeeder.
Charlie Munger: Invert And Use “Disconfirming Evidence”
Schwager and I chat about how he managed to convince numerous top traders and asset managers to have long, on-the-record conversations with him. He notes his “secret sauce” was the editing process — turning what could be discursive, rambling digressions into coherent narratives. He said he did such a good job figuring out what the traders were trying to communicate that when he gave each a version of their chapter to approve the final edit, no one saw anything that they disagreed with.
We also discussed the consistent themes in Schwager’s interviews: Discipline, risk management and capital preservation, intellectual flexibility, personal responsibility and honest self-appraisal.
Masters In Business: Market Wizard Jack Schwager
The radio portion broadcasts all weekend on Bloomberg and SiriuxXM (Friday at 9pm, Saturdays at 10am, 6pm, and 11pm, and Sundays at 3am)
Next week, we sit down with Danny Kahneman, behavioral & cognitive psychologist, winner of the Nobel prize for economics.
Market Wizards: Interviews With Top Traders by Jack Schwager