The dao of Capital: Austrian Investing in a Distorted World [Audiobook] download free by Mark Spitznagel
- Listen audiobook: The dao of Capital: Austrian Investing in a Distorted World
- Author: Mark Spitznagel
- Release date: 2013/3/9
- Publisher: JOHN WILEY & SONS INC
- Language: English
- Genre or Collection: Business, Finance and Law
- ISBN: 9781118347034
- Rating: 7.78 of 10
- Votes: 333
- Review by: Kate Forte
- Review rating: 8.15 of 10
- Review Date: 2018/11/29
- Duration: 4H30M50S in 256 kbps (73.6 MB)
- Date of creation of the audiobook: 2018-08-06
- You can listen to this audiobook in formats: MPEG4, ATRAC, FLAC, MP3, WAV, WMA, MP4, AAC (compression CPIO, TAR.7Z, TGZ, RAR, 7-ZIP, ZIP)
- Total pages original book: 368
- Includes a PDF summary of 34 pages
- Duration of the summary (audio): 25M57S (6.8 MB)
- Description or summary of the audiobook: As today's preeminent doomsday investor Mark Spitznagel describes his Daoist and roundabout investment approach, one gains by losing and loses by gaining. This is Austrian Investing, an archetypal, counterintuitive, and proven approach, gleaned from the 150-year-old Austrian School of economics, that is both timeless and exceedingly timely. In The Dao of Capital, hedge fund manager and tail-hedging pioneer Mark Spitznagel with one of the top returns on capital of the financial crisis, as well as over a career takes us on a gripping, circuitous journey from the Chicago trading pits, over the coniferous boreal forests and canonical strategists from Warring States China to Napoleonic Europe to burgeoning industrial America, to the great economic thinkers of late 19th century Austria. We arrive at his central investment methodology of Austrian Investing, where victory comes not from waging the immediate decisive battle, but rather from the roundabout approach of seeking the intermediate positional advantage (what he calls shi), of aiming at the indirect means rather than directly at the ends.The monumental challenge is in seeing time differently, in a whole new intertemporal dimension, one that is so contrary to our wiring. Spitznagel is the first to condense the theories of Ludwig von Mises and his Austrian School of economics into a cohesive and as Spitznagel has shown highly effective investment methodology. From identifying the monetary distortions and non-randomness of stock market routs (Spitznagel's bread and butter) to scorned highly-productive assets, in Ron Paul's words from the foreword, Spitznagel brings Austrian economics from the ivory tower to the investment portfolio. The Dao of Capital provides a rare and accessible look through the lens of one of today's great investors to discover a profound harmony with the market process a harmony that is so essential today.
- Other categories, genre or collection: Economics, Finance, Investment & Securities, Monetary Economics
- Download servers: Yandex.Disk, BitShare, Uploaded, Microsoft OneDrive, FreakShare. Compressed in CPIO, TAR.7Z, TGZ, RAR, 7-ZIP, ZIP
- Format: Hardback
- Approximate value: 25.87 USD
- Dimensions: 160x235x30mm
- Weight: 572g
- Printed by: Not Available
- Published in: New York, United States
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