His conversations were focused on the pre COVID-19 trading days, when the market was a lot different than what it is today. However, two of his interviews towards the end had to be carried out via Zoom, which was a first for him. The interview process began last spring 2019 and nearly all of them were carried out pre-COVID days. It’s not a matter of predicting, it’s a matter of clearly seeing what is going on, and what that’s likely to imply in the near future so that you can trade advantageously. Jack clarifies that great traders are not predictors. The conclusion is based on the main key lessons that come out of all the interviews.” Q3: Were there any parts of the book that predicted a black swan like event as we saw during the COVID-19 pandemic? According to Jack, “The introduction is the narrative of who the interviewees are and my interactions with these people. Quick tip from Jack: Save the introduction and conclusion for the end. Then, it’s a matter of molding that content, funnelling down more and more, and reorganizing peoples thoughts to be more coherent.įinally, it’s all about moving things around, draft after draft, making corrections, rereading it and getting rid of repetition in order to attain a smooth reading. Many people confuse this as the main part but in fact it’s a tiny fraction of the job.Īfter he records the interviews, he’ll listen to them and extract any information that’s useful - normally a very long process.

Jack has used the same process with all of his books.įirst, there’s the interview stage.

Market wizards schwager epub