Peter recently spoke with Jack Schwager, a futures and hedge fund industry expert as well as author of the book “ Market Wizards.” Jack starts off by discussing some of the competitive advantage studies that resonate with him. Then Peter and Jack turn their attention to the easing policies being implemented in the global monetary system, particularly negative interest rates in Japan and the EU. Jack also illustrates the value of “doing nothing” which is one of his theories. Next, Peter shares his one of his own trading strategies on using human psychology as a tool. To conclude, Peter and Jack share ideas on the need for traders to be adaptable, consistent and disciplined in their strategies.
Wizards and Sharks ft. Jack Schwager