From Laura, a spectacular penny stock trader whose trades you can see HERE, writes in THIS post:
An American Hedge Fund was an unexpectedly pleasurable read. Boy makes good, the “great American dream”. Refreshing in the telling (and I must say, I agree with other reviewers, it does remind me of Reminiscences of a Stock Operator), it highlights the incredible euphoria and gut wrenching lows of penny stock trading. While not a trading manual, his downfall trade of Cygnus paints a quintessential story of a newer trader’s education and downfall by letting emotions/ego take over and ignore the market facts. The fact is, the market doesn’t care what you think. Get over it.
Tim’s book is also a great read for its take behind the hedge fund curtain and market manipulation. When you finish this book you should know that the odds are stacked against you at all times, particularly as a small investor. Penny stocking is a risky business. Tim’s book is the appetizer. Buy his DVD for the whole enchilada.
And this is from Mike, who’s quite a PennyStocker in his own right, posting under the alias “13th_floor”:
Tim,
Loved your book as did Laura and Muddy.
I’m not much of a reader but I couldn’t put it down.
I read it in 2 sittings and for me that’s saying something.
To me it read like a great adventure story.
For your first writing I was amazed at how the book just “flowed”.
Loved your tennis racket story:)
Hope you’re thinking about a book #2!
If you wanted it looks like you could have a future as an author.
And saving the best for last, Tim Strazzini “The Risk Doctor” on CNBC’s Fast Money says:
it’s well written and i think most people that will endeavor to give it a read will get the approach and references.
Which is big time considering who how big time he is—Managing Director at Pali Capital and former Managing Director at Merrill Lynch where he was head of equities and derivatives for Global Wealth Management.
Woooo hooooo! 6,000+ copies sold in just over 7 months…audiobook version now available on itunes and Audible…Wiley, now do you see why I turned down your $35,000 advance offer?
Posted in Book Reviews, Books, TIMreads