The Complete TurtleTrader

The Complete TurtleTrader

How 23 Novice Investors Became Overnight Millionaires

By Michael W. Covel

HarperBusiness, Paperback, 9780061241710, 269pp.

Publication Date: February 24, 2009

Description

What happens when ordinary people are taught a system to make extraordinary money?

Richard Dennis made a fortune on Wall Street by investing according to a few simple rules. Convinced that great trading was a skill that could be taught to anyone, he made a bet with his partner and ran a classified ad in the Wall Street Journal looking for novices to train. His recruits, later known as the Turtles, had anything but traditional Wall Street backgrounds; they included a professional blackjack player, a pianist, and a fantasy game designer. By the time the experiment ended, Dennis had made a hundred million dollars from his Turtles and created one killer Wall Street legend.

In The Complete TurtleTrader, Michael W. Covel tells their riveting story with the first ever on-the-record interviews with individual Turtles. He shows how Dennis's rules worked and can still work today for any investor with the desire and commitment to learn from one of the greatest investing stories of all time.



About the Author
Michael W. Covel is the author of the bestselling book Trend Following, now in its seventh printing and translated into eight languages. Covel speaks regularly on the subject of trading and is managing editor of TurtleTrader.com, the leading news and commentary resource on insights into the Turtles. He lives in California.


Praise For The Complete TurtleTrader

“Tells the ‘real stories’ rather than just the glossy good bits—a thoroughly good read.”
-Your Trading Edge

“This warmly written book brilliantly captures the formation and evolution of the legendary Turtle investment program. It is loaded with wonderful anecdotal insights plus lessons on trading, risk, and life we should all follow. It should be on any novice or seasoned trader’s bookshelf alike. A must read!”
-Michael Shannon, Original Turtle