0 ratings
What I Learned Losing a Million Dollars (Columbia Business School Publishing)
genuine image
What I Learned Losing a Million Dollars (Columbia Business School Publishing)
This honest, frank analysis offers essential lessons from a $1.6 million loss, revealing that all losses stem from the same few sources.
What I Learned Losing a Million Dollars (Columbia Business School Publishing)
Item #: 149494

What I Learned Losing a Million Dollars (Columbia Business School Publishing)

Item #: 149494

KYD 27

KYD 38

Price Details

Excluding Shipping & Custom charges ( Shipping and custom charges will be calculated on checkout )

*All items will import from US

29%

0 ratings Write a review
In stock
us Imported from USA store

QTY:

Order now and get it around Monday, August 03
Secured transactionsecured transaction

Ubuy works hard to protect your security and privacy. Our advanced payment security system ensures confidentiality by encrypting your information during transmission using AES (Advanced Encryption Standards) and SSL (Secure Socket Layer) protocols. Your payment details are 100% secure as we do not share your payment details with third party sellers.

Our Top Logistics Partners
  • fedex
  • dhl
This honest, frank analysis offers essential lessons from a $1.6 million loss, revealing that all losses stem from the same few sources.
Show More
U-Care Warranty:
None
Select a Plan
fast shipping

Fast
Shipping

free return

Free
Return*

secure packaging

Secure Packaging

100% original products

100% Original Products

pci-dss

PCI DSS Compliance

iso certified

ISO 27001 Certified

paypal payment
visa payment
mastercard payment

What Stands Out

Investment Insights
This book reveals critical lessons on risk management and emotional control in trading, enhancing investors’ decision-making abilities and enriching their understanding of financial markets.
Real-Life Experience
Authored by a seasoned trader, it shares firsthand insights and mistakes, offering readers relatable lessons and practical strategies to avoid costly errors in their investment journeys.
Psychological Focus
Explores the psychological factors affecting trading decisions, helping readers develop the mental discipline necessary for successful investments, making it essential for both novice and experienced traders.

Product Details

Discover the insights of losing a million dollars and learn from the experiences. Order the Columbia Business School Publishing book from Ubuy Cayman Islands today!
  • 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.
Publisher Columbia Business School Publishing
Publication date April 30, 2013
Edition 1st
Language English
Print length 192 pages
ISBN-10 0231164688
ISBN-13 978-0231164689
Item Weight 12.5 ounces (354.38 grams)
Dimensions 5.75 x 0.75 x 8.25 inches (14.6 x 1.9 x 21 cm)

Who Should Buy?

Suitable For
  • Investors Seeking Insight

    Ideal for investors looking to learn from real-life failures in managing large sums of money.

  • Business Students

    Perfect for business students who want to understand risk management and emotional aspects of investing.

  • Entrepreneurs

    Valuable for entrepreneurs needing strategic advice on financial decisions and handling setbacks in their ventures.

Not Suitable For
  • Beginner Investors

    Not suitable for those with no background in finance, as complex concepts may be overwhelming.

Product Description

Have any Query? Chat with us

Customer Questions & Answers

  • Question: What is the main premise of 'What I Learned Losing a Million Dollars'?

    Answer: The book focuses on personal finance and the critical lessons learned from significant investment failures. It recounts the author's experiences with losing a substantial amount of money, which serves as a foundation for discussing the psychology behind financial decision-making. The insights shared cater to both beginners and seasoned investors, providing practical strategies to avoid common pitfalls in trading and investing. This makes it a valuable read for anyone looking to refine their investment approach or develop a better understanding of financial risks.
  • Question: Who is the author of 'What I Learned Losing a Million Dollars'?

    Answer: The author is Jim Paul, a former commodity trader, whose experience in the financial markets provides an authentic perspective on the trials of losing money in investments. Co-authored with Brendan Moynihan, the book elaborates on the psychological aspects of losing money and offers strategies to overcome emotional biases in decision-making. Having experienced the highs and lows of trading, Jim Paul’s insights resonate with anyone interested in understanding the emotional and mental aspects of financial management.
  • Question: What lessons can I apply from 'What I Learned Losing a Million Dollars'?

    Answer: The book emphasizes the importance of emotional intelligence in investing and outlines several key lessons on risk management, self-awareness, and disciplined decision-making. These lessons can be integrated into your trading routine by conducting thorough research, setting predefined limits, and learning to detach emotionally from financial outcomes. For instance, implementing strict rules for when to sell can help mitigate losses, and practicing mindfulness can enhance your focus on long-term goals rather than short-term market fluctuations.
  • Question: What audience is 'What I Learned Losing a Million Dollars' intended for?

    Answer: This book is targeted toward a broad audience, including novice investors, seasoned traders, and anyone interested in personal finance and investment psychology. Whether you are an individual seeking to manage personal savings or a professional in the finance field, the lessons provided can be applied to various financial contexts. Even those not directly involved in investing can benefit from the insights into risk and emotional decision-making, helping them manage finances in everyday life.
  • Question: Is 'What I Learned Losing a Million Dollars' suitable for beginners?

    Answer: Yes, the book is highly suitable for beginners. It breaks down complex financial concepts into relatable terms and focuses on the emotional aspects of investment decision-making. Beginners can learn how to cultivate a healthy mindset around investing and understand the significance of planning and risk management. By adhering to the principles outlined in the book, novices can develop a more resilient approach to investing, helping them to navigate the initial learning curve with confidence.
  • Question: Does the book provide actionable investment strategies?

    Answer: Indeed, 'What I Learned Losing a Million Dollars' provides several actionable strategies aimed at improving investment outcomes. It offers insights into managing emotions, understanding market psychology, and developing a structured approach to trading. Readers are encouraged to evaluate their investment behavior critically and adjust their strategies accordingly. By applying the principles discussed, investors can create a more disciplined investment framework, whether they are engaging in day trading or long-term investment strategies.
  • Question: Can I find both emotional and practical advice in this book?

    Answer: Absolutely. The book offers a unique blend of emotional and practical advice tailored for investors. It delves into the psychological factors that influence financial decisions while providing pragmatic steps to mitigate risks and manage losses. By understanding the emotional triggers that lead to poor financial decisions, readers can develop approaches that are better suited to rational investment strategies. This dual perspective can help individuals build resilience against market volatility and make more informed choices.
  • Question: What makes this book different from other investment books?

    Answer: This book stands out due to its personal narrative approach, focusing on real-life experiences rather than abstract theories. Jim Paul shares his journey through the highs and lows of trading, making the lessons both relatable and impactful. Unlike many investment books that emphasize strategies solely based on finance, this one addresses the emotional and psychological factors that often lead to failure. This holistic perspective provides a well-rounded understanding, appealing to both novices and experienced investors looking for deeper insights.
  • Question: How can I buy 'What I Learned Losing a Million Dollars'?

    Answer: You can buy 'What I Learned Losing a Million Dollars' from Ubuy. They offer a straightforward purchasing process and often feature a wide range of international shipping options, making it convenient to acquire the book in Cayman Islands. Ubuy is known for its user-friendly interface and reliable service, ensuring that you can easily find and purchase the book while benefiting from their robust catalog of products.

Business & Industry Editorial Review

No editorial reviews found

Customer Reviews & Ratings

4.3
1793 customers ratings
  • 5 Star
    54%
  • 4 Star
    30%
  • 3 Star
    12%
  • 2 Star
    3%
  • 1 Star
    1%

Review this product

Share your thoughts with other customers

Platform Trust & Buyer Confidence

trustpilot logo
4.3/5 9200 + reviews
Read reviews
MA
Mohammad
Verified buyer

“Excellent quality and original too,when ubuy send original things I will appreciate that ,I very satisfied thank you”

23 July 2026 · via Trustpilot
CK
Chitra
Verified buyer

“The order and delivery progress was communicated very well. Package arrived within the estimated time. Products arrived as expected in good condition.”

22-Jul-26 · via Trustpilot
K
kund
Verified buyer

“Good supply of products. Safe payment methods, and shipment worldwide! Genuine products.”

23-Jul-26 · via Trustpilot
OO
Onesi
Verified buyer

“Was my first time buying a product from Ubuy, but I found it so helpful. This is reliable. Gonna place a new order!”

22 July 2026 · via Trustpilot
SJ
SAO JOHN
Verified buyer

“Ubuy is a great online platform to buy stuff. Reliable, fast delivery time and great value for money. I've been using Ubuy online shopping platform for three years now and will continue to do so.”

23 July 2026 · via Trustpilot
Secure Checkout Global Delivery Easy Returns Genuine Products

Product Price History

Important information

  • Limitations : For products shipped internationally, please note that any manufacturer warranty may not be valid; manufacturer service options may not be available; product manuals, instructions, and safety warnings may not be in destination country languages; the products (and accompanying materials) may not be designed in accordance with destination country standards, specifications, and labeling requirements; and the products may not conform to destination country voltage and other electrical standards (requiring use of an adapter or converter if appropriate). The recipient is responsible for assuring that the product can be lawfully imported to the destination country. When ordering from Ubuy or its affiliates, the recipient is the importer of record and must comply with all laws and regulations of the destination country.
  • Not all the products listed on Ubuy are for sale, as Ubuy is a global search engine. Products are subject to export/trade regulations.

KYD 27

KYD 38

Order now and get it around Monday, August 03

QTY:

Secured transactionsecured transaction

PCI DSS compliant and ISO 27001:2022 certified, with encrypted payments and full buyer protection on every order.

Our Top Logistics Partners
  • fedex
  • dhl
Fastest cross-border delivery

Features & Benefits

  • Describes Jim Paul's rise and fall in the financial world.
  • Reveals psychological factors behind bad financial decisions.
  • Highlights the importance of understanding errors in analysis.
  • Emphasizes that losses often result from psychological barriers.
  • Offers strategies to avoid financial loss.
  • Winner of the 2014 Axiom Business Book award gold medal.

Ubuy Assurance

Experience worry-free shopping with 100% original products, PCI DSS-compliant payment security, ISO 27001-certified data protection, the fastest cross-border delivery, free returns *, and secure packaging on every order.