Schwager on Futures. Managed Trading by Jack Schwager

Schwager on Futures. Managed Trading by Jack Schwager

With Market Wizards and The New Market Wizards, two of the best-selling financial titles of all time, Jack Schwager is one of the most important and visible figures in the futures industry today. Now in Managed Trading, the latest volume in the Schwager on Futures series, take a deep look at the increasingly prominent new asset class: managed futures, professionally managed investments in commodity markets, and financial futures. Due to their potentially high yields and their potential for diversification and inflation coverage, managed futures have grown rapidly in popularity and acceptance in the last decade. Today, there are more than $ 25 million in managed futures accounts. Schwager’s large-scale review covers all aspects of this investment sector, encompassing performance appraisal, manager selection, timing of investment, and portfolio considerations. In the process, it exploits many common investment myths. Managed Trading is the most important book on the subject, and an indispensable Schwager title that no investor should be without.

The following are some of the many topics covered:

• Why “real” trading results are sometimes wrong
• Why do many investors in managed futures lose money even when selecting a winning manager?
• Why is changing assets from “winners” to “losers” often an excellent strategy?
• Why it is generally better to invest in managers when they are experiencing cutbacks rather than
• when they are on winning streaks
• Why the actual performance of funds and mutual funds deteriorates dramatically from the results
• of the prospectus
• Is past performance predictive of future performance?
• Is adding managed futures to conventional portfolios beneficial or detrimental to performance?
• Is diversification beneficial?
• Performance measures: conventional and new.
• Why all conventional CTA indices are misleading

With numerous charts, tables, and examples illustrating key points at all times, Managed Trading is written in the informative, insightful, and non-technical style that is the hallmark of Schwager. An important addition to this historical series from one of the world’s leading authorities.

In-depth research on increasingly popular investment: managed futures, written by one of the world’s leading authorities

Jack Schwager has written the definitive book on investing in managed futures. It has extensive coverage and the analysis is exceptionally rigorous. The writing is refreshingly heartfelt and is sure to spark discussions on many important topics in the managed futures industry. This book should be read by anyone considering investing in managed futures. “- Scott Irwin Professor, Ohio State University

Jack is still an educator and portfolio manager. Managed Trading is a wonderful and much-needed book in the industry. I think it requires reading for investors and professionals in the financial industry. Finally, a roadmap that succinctly describes and explores investment issues. “- M. Elaine Crocker President, Moore Capital Management, Inc.

“This book is a ‘must-read’ for anyone considering investing in managed futures. Schwager combines the best of academic research on managed futures investments with his own professional experience to provide insightful and comprehensive analysis of the futures industry. administered. ” – Franklin R. Edwards Arthur F. Burns, Professor, Finance and Economics Columbia Business School

“The futures markets will continue to grow worldwide. You should read Jack Schwager if you are contemplating such investments or if you are already investing, or even if you just want to understand what is going on. ” – Jim Rogers Author, Investment Biker

“Schwager puts managed futures in their proper perspective as a portfolio investment, giving the reader a comprehensive and enlightening tour of the world of managed futures. His writing style makes reading easier, and his common sense and good judgment shine as he examines academic literature, linking the practical and the theoretical in evaluating these investments. Both new investors and veterans will find this book a “must buy and hold”. – Mark J. Powers President, Powers & Dubin Asset Aslocation and Management Co. Editor, The Journal of Futures Markets