Listen free for 30 days

One credit a month, good for any title to download and keep.
Unlimited listening to the Plus Catalogue - thousands of select Audible Originals, podcasts and audiobooks.
No commitment - cancel anytime.
£7.99/month after 30 days. Renews automatically. See here for eligibility.
Market Wizards cover art

Market Wizards

By: Jack D. Schwager,Bruce Kovner,Richard Dennis,Paul Tudor Jones,Michael Steinhardt,Ed Seykota,Marty Schwartz,Tom Baldwin
Narrated by: Dj Holte
Try for £0.00

£7.99/month after 30 days. Renews automatically. See here for eligibility.

Buy Now for £22.89

Buy Now for £22.89

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Summary

IMPORTANT UPDATE: This audio is the new recording by DJ Holte, which replaced the original inferior recording and also contains text that was added in the 2012 revised edition of Market Wizards. 

What separates the world's top traders from the vast majority of unsuccessful investors? In this iconic financial classic, Jack Schwager sets out to answer this question in his interviews with superstar money-makers including Bruce Kovner, Richard Dennis, Paul Tudor Jones, Michel Steinhardt, Ed Seykota, Marty Schwartz, Tom Baldwin, and more in this audiobook. 

This interview-style audiobook from a financial expert is a must-listen for traders and professional financiers alike, as well as anyone interested in gaining insight into how the world of finance really works. 

Filled with anecdotes about market experiences, including the story of a trader who, after wiping out several times, turned $30,000 into $80 million, and an electrical engineer from MIT whose computerized trading has earned returns of 250,000 percent over 16 years. 

One of the most insightful, best-selling trading books of all time, including 16 interviews!  

©2012 Jack D. Schwager (P)2012 Jack D. Schwager

What listeners say about Market Wizards

Average customer ratings
Overall
  • 5 out of 5 stars
  • 5 Stars
    414
  • 4 Stars
    85
  • 3 Stars
    9
  • 2 Stars
    1
  • 1 Stars
    5
Performance
  • 4.5 out of 5 stars
  • 5 Stars
    317
  • 4 Stars
    84
  • 3 Stars
    12
  • 2 Stars
    8
  • 1 Stars
    4
Story
  • 4.5 out of 5 stars
  • 5 Stars
    325
  • 4 Stars
    75
  • 3 Stars
    17
  • 2 Stars
    4
  • 1 Stars
    3

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Absolutely essential!

I have heard from so many traders that this is an absolute must read and can only repeat that statement! Completely timeless information, very good tips, interesting personal stories...
I very much liked the narrator as well!

4 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

excellent

highly recommended for any trader at any level. its probably one of the best book here

3 people found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars

Insightful

I’m new to the subject of trading and I found this to be an excellent audio book. Narrated really well and a good production. I particularly enjoyed learning about the traits of a good and bad trader. This book is not a “get rich quick”guide but it will certainly help you manage your losses better if you heed the advice given.

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

thoroughly enjoyed

Great insights from some interesting people, im sure there will be plenty of parts from this that I can learn and grow from

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

A must read for traders

There is not a lot more than I can say than the title. It is essential to hear what real traders feel like and how they reached their goal. A lot of them lose in the beginning and it’s so important to understand what makes traders successful.

1 person found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    4 out of 5 stars

Some blunders but good overall

it's a long book but it's easily digestible in the chapters format.. each trader gets a chapter that are roughly 35 to 40 mins long so if you cant spare hours to listen then 35 or 40 mins should get you through a chapter..

the content is very good and while no trader gives away their technique there are some tips on how to find good stocks

1 person found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    2 out of 5 stars
  • Story
    5 out of 5 stars

A gem.

Great book. Awesome content. Shocking editing. Full of page turns and restarts from the narrator. Still well worth a listen.

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Enjoyable book

I loved this book, It will not help you develop a trading system or pick the winners but it will open your eyes to different methods for top traders and common mistakes of new traders, most of them I have done before myself. I wish I had listened to this book in my early trading days!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

A very incisive and probing book

The striking thing about this book is the inquisitive nature of the author. I like his intelligent and probing style. It's more precise that Trading in the Zone. And I feel like a lot of the content is quite applicable to one's own trading.

There are a number of recurrent themes common to most of the interviewees such as: only risk 1% of your capital; cut your loses, let your winners run etc

The most interesting interviewee is Ed Sekota. He struck me as extremely intelligent and self aware with incredible intuition. The author himself is similar.

It was refreshing and encouraging to hear that so many of the interviewees had incredibly arduous and difficult starts in their trading careers. Some even had disastrous starts.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Must read if you want to be a top trader.

Must read if you want to be a top trader. Great content, need a sequel.

Sort by:
Filter by:
  • Overall
    4 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for jack schwager
  • jack schwager
  • 18-11-18

THIS IS NOW A NEW NARRATION

This is the author. I fully agree with some of the negative comments about the performance. In fact, this is the reason why I personally paid for a new narration by the superb DJ Holte who I previously selected to do the narration for The New Market Wizards--a book for which I owned the audio rights. On Audible, there is no way to delineate performance reviews between the original version and the current recording, which has replaced it. So keep in mind, performance review comments prior to late November 2018 are no longer pertinent because the recording referred to has been replaced by an entirely new recording with a different narrator. I am highly confident that listeners will find this new recording of excellent quality. (Note that Audible forces rating selections in order to write a comment, so I chose ratings below the average, except for performance, so as to avoid improving the existing scores.)

121 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for XEVEN
  • XEVEN
  • 09-04-13

ESSENTIAL

What made the experience of listening to Market Wizards the most enjoyable?

The superb insight and experience of the contents

Who was your favorite character and why?

Schwager because he knew exactly what questions to ask.

Which character – as performed by Jack D. Schwager – was your favorite?

Himself

Did you have an extreme reaction to this book? Did it make you laugh or cry?

Well worth the money

Any additional comments?

Again I have over 400 books in my audio library and 95% of them are on stocks,finance,investing,economics.
This is one of the best one that I have bought ie’ the top 1%. I have been studying the stock market for about five years now and a how to book with insights and things a person can actually apply to their trading/investing tool box are very few and far between. This book is pure knowledge/experience of some of the great’s including Jack Schwager himself. For him to share his knowledge and that of traders/inverstors that have inspired him is truely a blessing. If you want your trading/investing to return dividends well worth the expense of this book and beyond this is definetly one that you will want to read/rememebr and apply!!!

45 people found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Brian
  • Brian
  • 06-05-13

Excelent book, but the narrator needs to slow down

Any additional comments?

As a professional trader, I have read many books on the subject. Jack Schwager's are amongst the best. .

I was excited to see that Audible had released a recording of Market Wizards, however the narrator was very difficult to follow. He raced through the book like he was late for something without considering context or punctuation. I spent the first chapter trying to keep up with what he was saying, without being able to enjoy the story.

I ended up listing the entire book at .5 speed, which is something I have never done before. That didn't take as much getting used to as you might expect, because even at half speed, the tempo wasn’t much slower than it should have been if read normally. I prefer to enjoy my audiobooks at a normal reading speed that allows me to think through what I'm listening to.

Hedge Fund Market Wizards, which I have also listened to on Audible, did not have this issue.

30 people found this helpful

  • Overall
    2 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    2 out of 5 stars
Profile Image for MCarter
  • MCarter
  • 28-04-14

Material from the 1980's

What would have made Market Wizards better?

When I read the info on the Audible Version of this book I thought it was current but the interviews are from the 1980s. Its well written and good basic advice but its way outdated. I don't know how others are rating it like they are

28 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Jason
  • Jason
  • 27-07-13

Definitely should be in your top 3 must reads

Would you listen to Market Wizards again? Why?

I most definitely will read it again. This was by far the most educational book on trading I've read. It is also very motivating. I find that this, and Reminiscences of a Stock Operator the most important trading books to read. As you trade, you learn even more lessons by making the same mistakes as these traders have. You get so many life lessons here. The information may be dated but the psychology isn't - even in today's HFT ridden markets.

What was one of the most memorable moments of Market Wizards?

Each trader has a unique story. Each have earned a unique degree of success. I think the big kicker of this book is that you get so many different trader types and styles, sometimes even contradicting each other, but they are all successful. It goes to show that you need to find a style that suits your personality and there is not really a holy grail or one right way to trade. That alone is motivating and encouraging...You can even pick up tid-bits of traders that are most similar to you. I would definitely get this in audiobook form as it reads like two friends having a conversation throughout. You can tease more out of that than reading. None of the intonation/sarcasm is lost as the narrator himself has personal experience of the interviews. This was probably the best audiobook I've purchased thusfar.

What about Jack D. Schwager’s performance did you like?

His ability to convey the personality of his interview subjects. The book sounds like a conversation between two good friends with their vocal variety and intonation keeping you entertained.

11 people found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Beverly
  • Beverly
  • 12-05-16

Editing

Book was good, but the editing of the audio was the worst I've encountered in a book from audible. The narrator repeats words and sentences and there are a couple times where you hear him make a mistake, stop and then read the line over again. It was as if no one gave it a proof listen before it was released.

8 people found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Jenni
  • Jenni
  • 22-02-21

unknown market wizards is much better

schwagers most recent buck unknown market wizards is more relevant with twice as much useful info.

6 people found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Brett
  • Brett
  • 22-08-13

Great book; poor reading

What made the experience of listening to Market Wizards the most enjoyable?

The concept and the content are excellent. The performance is irritating. I'm shocked no one caught two things in particular: First, "Keynesian" is pronounced "Cane-see-an" not "Kensianism"! Anyone with some economics would know that. Second, there are several places where the studio conversation is not edited out and you can hear things like "reading the interview answers now, go".

6 people found this helpful

  • Overall
    2 out of 5 stars
  • Performance
    2 out of 5 stars
  • Story
    2 out of 5 stars
Profile Image for Sam Motes
  • Sam Motes
  • 05-08-14

Investing advise form yesteryear

Very dated. This is a collection of interviews from top traders from around 1990. I couldn't help but keep wondering how many of them got wiped out by the great recession. Certainly conflicting advice here with some pushing for technical analysis and others not, some pushing for holding for the long term and others flipping trades constantly.

4 people found this helpful

  • Overall
    3 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    3 out of 5 stars
Profile Image for Mark Jessop
  • Mark Jessop
  • 07-08-18

Interviews Fall Just short

Pros:

- Great lineup of interviewees
- Good flow of questions and conversation
- A handful of golden nuggets

Cons:

- Heydays of interviewees gone a long time ago. It seems most of them have not been able to adapt to the newer markets.

- Interviewer moves on after asking initial questions, as opposed to digging in further and getting depth. Hence, one does not really get a glimpse of the “secret sauce” that made these traders successful.

3 people found this helpful