O'Reilly logo

Clash of the Financial Pundits: How the Media Influences Your Investment Decisions for Better or Worse by Jeff Macke, Joshua M. Brown

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 16

MARTIN ZWEIG AND THE BIGGEST MARKET CALL OF ALL TIME

 

To me, the “tape” is the final arbiter of any investment decision. I have a cardinal rule: never fight the tape!—MARTIN ZWEIG

When Martin Zweig passed away in February 2013 at the age of 70, there were two types of articles ricocheting around between those who had vaguely remembered him and those who were curious as to what the fuss was all about.

The first type consisted of stories about his penthouse in Manhattan. It was said to be the most expensive private residence in the entire United States, and it’s currently listed as being worth $125 million. But more fascinating than the stories of where he lived were the stories of what he did. In these tales, traders and investors ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required