{"title":"Michael Steinhardt","description":"\u003cp\u003e\u003cstrong\u003eMichael Steinhardt\u003c\/strong\u003e offers insightful perspectives on finance and investment, blending practical advice with sharp market analysis. His writing cuts through jargon to deliver clear, straightforward guidance for navigating complex financial landscapes.\u003c\/p\u003e\n\n\u003cp\u003eReaders can expect engaging discussions on investment strategies, market behaviour, and wealth management. \u003cem\u003eNo Bull\u003c\/em\u003e exemplifies his candid approach, making his work essential for both seasoned investors and those seeking to deepen their financial understanding.\u003c\/p\u003e","products":[{"product_id":"no-bull-by-michael-steinhardt-9780471660460","title":"No Bull","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eWhen the official history of twentieth-century Wall Street is written, it will certainly contain more than a few pages on Michael Steinhardt. One of the most successful money managers in the history of \"The Street,\" Steinhardt far outshone his peers by achieving an average annual return of over thirty percent—significantly greater than that of every market benchmark.\u003c\/p\u003e\n\n\u003cp\u003eDuring his almost thirty-year tenure as a hedge fund manager, he amassed vast wealth for his investors and himself. One dollar invested with Steinhardt Partners L.P., his flagship hedge fund, at its inception in 1967 would have been worth USD 462 when he retired from active money management in 1995.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eNo Bull\u003c\/em\u003e offers an account of some of the investment strategies that drove Michael Steinhardt's historic success as a hedge fund manager, including a focus on his skills as an industry analyst and consummate stock picker. He also reveals how his uncanny talent for knowing when to trade against the prevailing market trend—a talent that was not always appreciated by several erstwhile high-profile clients—resulted in many of his greatest successes.\u003c\/p\u003e\n\n\u003cp\u003eHere he provides detailed accounts of some of his most sensational coups—including his momentous decision in 1981 to stake everything on bonds—and his equally sensational failures, such as his disastrous foray into global macro-trading in the mid-1990s.\u003c\/p\u003e\n\n\u003cp\u003eAt the same time, \u003cem\u003eNo Bull\u003c\/em\u003e is the rags-to-riches story of a boy from Bensonhurst and his rise from the streets of Brooklyn to the heights of Wall Street. In a thoroughly engaging narrative, Steinhardt relates the early influences that shaped his attitudes toward life and success, as well as the beginning of his love affair with stock investing.\u003c\/p\u003e\n\n\u003cp\u003eFurther, he chronicles his dawning awareness of the need for a purpose in life beyond the acquisition of wealth and how it led to his decision to retire and redirect his energies. We learn about his experiences as the chairman of the Democratic Leadership Council for nearly a decade, as well as his innovative thinking and ambitious projects to strengthen the Jewish community.\u003c\/p\u003e\n\n\u003cp\u003eThe inspiring true story of a Wall Street genius and world-class philanthropist, \u003cem\u003eNo Bull\u003c\/em\u003e is an unforgettable read for finance professionals and students of human nature alike.\u003c\/p\u003e\n\n\u003cp\u003eMichael Steinhardt is one of the most successful money managers in the history of Wall Street. He is also widely known for his philanthropic activities, particularly in the Jewish community—most notably as cofounder with Charles Bronfman of birthright israel, a program whose mission is to provide a free educational opportunity for every young Jewish person of the Diaspora to visit Israel.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47932339880172,"sku":"9780471660460","price":49.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780471660460-no-bull.jpg?v=1783860372"}],"url":"https:\/\/bookhero.co.nz\/collections\/michael-steinhardt.oembed","provider":"Book Hero","version":"1.0","type":"link"}