1 Jul Max Gunther’s “The Zurich Axioms” is aimed at investors but also offers valuable insights and rules of thumb for entrepreneurs. Financial literacy. 1. The Zurich Axioms by Max Gunther. Introduction. What the Axioms Are and How They Came to Be. Consider the puzzle of Switzerland. used-by-generations-of-swiss-bankers-by-max-gunther/. Risk Management, Behavior, Bankers. The Zurich Axioms” is a slim book that should be on the library of.

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I think this bet can pay off for me. Never make a move if you are merely optimistic. Always play for meaningful stakes. Life ought to be an adventure, not a vegetation, where you face jeopardy and try to overcome it. Beware the Chartist’s Illusion. Good principles for most Axioms. Email required Address never made public. Is it really the most promising bargain out of all gunthdr potential bargains around?

Good content, the stories are boring and too long. The ending gunhher becomes associated with an actual event, something concrete to look forward to. The Zurich Axioms by Max Gunther is one of the worst books ever written.

The Zurich Axioms by Max Gunther

Recommended for both new and experienced investors alike. It forces you to play for small stakes, have situations where gains and losses cancel each other out, and juggle too many balls in the air all at once.

I think most entrepreneurs are risk averse in that they focus on where their skills, expertise, and experience give them an edge. Study each situation for yourself, process it through your own good brain.


You are still dealing with chaos. The Zurich Axioms is a charming short and lively book with a pedigree that it is very easy to feel sympathetic about. Zurivh Sixth Major Axiom: Gunther graduated from Princeton University in and served in the United States Army from to This is a pretty interesting book of about pages.

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On Planning Long-range plans engender the dangerous belief that the future is under control. He worked at Business Week magazine from to and during the following two years he was the contributing editor for Time Magazine. Never try to save a bad investment by “averaging down.

Book Review of The Zurich Axioms by Max Gunther

Remember, experience is your best teacher. It might just be me, but I surely hope this axiom is a bit dated. Distrust anyone who claims to know the future, however dimly. So the only sensible course is to stop climbing when you have reached what you consider a good height. As long as you remain keenly alert to that fact, you can keep yourself from getting hurt.

Book Review of The Zurich Axioms by Max Gunther | Journeys of a Bumbling Trader

Never confuse a hunch with a hope My personal rule is to be highly skeptical anytime I have a hunch that something I want to happen will happen.

A new bull market is on the way! The world is unpredictable but humans often have false sense of order or patterns. Formulas can be wrong, but the markets never are. Books by Max Gunther. He is very against long term investment.

Want to Read Currently Reading Read. The book gives you clarity on what to expect and how to go about it. I particularly find the 5th axiom on patterns interesting because with the advance in technology, there are lots of people analyzing what happened in history when a similar set of conditions occurred, to figure out what the market is likely to do the next day e.


Most of them go against the conventional wisdom. Gunther wrote that the Swiss are among the most affluent people in the world even though their country is small and does not have many natural resources. Decide in advance what gain you want from a venture, and when you get it, get out. As simplistic as the axioms may sound, they aren’t easy to execute. The Eleventh Major Axiom: Tempos em que usava-se operadores para comprar e vender no piso da bolsa. Para ser sincero eu esperava mais. Beware of getting too comfortable.

And if you thought that the market was weak because it did not bounce as expected, then you would have been caught a second time when the market rebounded very strongly since then. This book contains a bunch of ‘axioms’ or maxims on risk management aka speculation.

They make a bet, stay with it, and if it goes wrong, they can lose it all. We will post the full list of axioms of the website separately. I think you can have a clear view at the beginning that is very helpful to write down. Your email address will not be published.