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Big Mistakes
book

Big Mistakes

by Michael Batnick
June 2018
Beginner content levelBeginner
192 pages
4h 4m
English
Bloomberg Press
Content preview from Big Mistakes

CHAPTER 10Stanley DruckenmillerHard Lessons Can Be Necessary

In a winner's game the outcome is determined by the correct actions of the winner. In a loser's game, the outcome is determined by mistakes made by the loser.1

—Charlie Ellis

Charlie Ellis wrote this in his 1998 classic, Winning the Loser's Game. In other words, professionals win points and amateurs lose points. “Professional tennis players stroke the ball hard, with laserlike precision, through long and often exciting rallies until one player is able to drive the ball just out of reach or force the other player to make an error.”2 He contrasts this with how amateur games unfold. Instead of highly skilled shots and long volleys, amateur matches are full of faults, missed shots, ...

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Publisher Resources

ISBN: 9781119366553Purchase book