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Description
What I Learned Losing a Million DollarsJim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all his fortune, his reputation, and his job in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors. This book
Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors. This book--winner of a 2014 Axiom Business Book award gold medal--begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it--primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources. Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.Binding Type: Hardcover
Publisher: Columbia University Press
Published: 04/30/2013
ISBN: 9780231164689
Pages: 170
Weight: 0.79lbs
Size: 8.50h x 5.75w x 0.75d
Award: Axiom Business Book Awards - Gold Medal Winner
Review Citations: Publishers Weekly 02/11/2013 pg. 56
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4.1 ★★★★★
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Product Reviews
★★★★★ 1
Wobbly and Poor Design
Size: 1-Panel
Update: nope! Not worth the money. My cat simply brushed against the divider, and it fell, knocking breakable things over. Not safe!
It serves it's purpose, but...the screws were basically glued to the packaging. It took me longer to get the screws out of the packaging than it did to put it together.
The assembly was easy. I am not mechanically inclined by any means, but the instructions, despite being very hard to read (I have over 40 eyes), were pretty simple.
Structurally, it is very wobbly. I think they should have designed it with a middle rod to keep it more stable. I find that the attachments to the rods are wobbly and should have been screwed rather than popped into an attachment hole without reinforcement. That would have also made the room divider more stable.
I have cats, but the material is easy to clean. I took a damp cloth to it, and it came right off. As far as see-through...I think it does a great job of masking theO other side of the room.. I just wish it was a little longer and closer to the floor stand.
I like that it came with extra parts. It's just a very cheaply made item, and I don't think the price for the item reflects how cheaply it is made, how wobbly and unstable it is, or the poor design.
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Reviewed in the United States on March 15, 2025
★★★★★ 5
Very good room divider
Size: 6-Panel
I ised this to isolate a storage area in my apartment. Looks better than boxes.
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Reviewed in the United States on January 22, 2026
★★★★★ 3
Taking forever but worth it
Size: 1-Panel, Size: 1-Panel
Love the product. However, trying to take the screws etc out of its box, it’s almost impossible due to the adhesive inside it. I have neck and arm issues so for me it was even more difficult. Adhesive stuck to each washer and screw so I had adhesive all over my hands then I had to get it off of the items.
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Reviewed in the United States on April 21, 2025
★★★★★ 5
Great socks
My fav socks. I am a size 9 women’s and they fit perfect. They are soft and comfortable
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Reviewed in the United States on April 16, 2026
★★★★★ 5
Great socks!
These are great low cut socks with padding in appropriate places. The shape keeps them from sliding down in my tennis shoes. I just wish more than three pair came in the pack.
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Reviewed in the United States on April 9, 2026