MAX GUNTHER’s

MAX GUNTHER’s - PGPBFS 2010-2011 MAX...

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Unformatted text preview: PGPBFS 2010-2011 MAX GUNTHER’s I NVESTMENT STRATEGY MAX GUNTHER (1926-1998) Anglo –American journalist and writer. Graduated from Princeton University (1949). Served US Army (1950-51). Worked at “Business Week” and “Time magazines as editor”. wrote the “ Zurich Axioms ” and 25 other books. Father was a manager in Swiss bank corporation . also contributed to “Playboy” and “Reader’s digest magazines”. MAX GUNTHER’s I NVESTMENT STRATEGY On Risk: if you are not worried, you are not risking enough Always play for meaningful stakes Resist the allure/greed of diversification. On Gr eed: Always take your profit too soon Decide in advance what gain you want from a venture, and when you get it, get out On H ope: When the ship starts sinking, don’t pray. Jump. Accept small losses cheerfully as a fact of life On For ecast: Human behavior cannot be predicted....
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MAX GUNTHER’s - PGPBFS 2010-2011 MAX...

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