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The Zurich Axioms by Max Gunther
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The Zurich Axioms [Paperback]

by Max Gunther
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Description of The Zurich Axioms

If you want to get rich, no matter how inexperienced you are in investment, this book can help you. Its message is that you must learn neither to avoid risk nor to court it foolhardily, but to manage it - and enjoy it too.

The 12 Major and 16 minor Zurich Axioms contained in this book are a set of principles providing a practical philosophy for the realistic management of risk, which can be followed successfully by anyone, not merely the 'experts'. Several of the Axioms fly right in the face of the traditional wisdom of the investment advice business - yet the enterprising Swiss speculators who devised them became rich, while many investors who follow the conventional path do not.

Max Gunther, whose father was one of the original speculators who devised the Axioms, made his first capital gain on the stock market at the age of 13 and has never looked back. Now the rest of us can follow in his footsteps. Startlingly straightforward, the Axioms are explained in a book that is not only extremely entertaining but will prove invaluable to any investor, whether in stocks, commodities, art, antiques or real estate, who is willing to take risk on its own terms and chance a little to gain a lot.

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Title Information

ISBN:
9780285630956
Pages:
176 pages
Format:
Paperback
Product Code:
0142
Publisher:
Souvenir Press
Published:
17/09/1992
Edition:
2nd Revised edition

Financial Guru Reviews

This book is dangerous. It is the free-spirited individual's antidote to Malkiel. Not only does Max Gunther say speculation can make you rich, he says anyone can do it, often by turning conventional investment wisdom on its head. He boils success down to twelve folksy principles in a volume slim enough, and engaging enough to read in an afternoon. Sceptics will cry foul, but by picking apart the mechanics of buy and sell decisions the axioms challenge us all to work out why we make the decisions we do, and unlike
most get-rich quick books there is no expensive follow-up to buy.
Richard Beddard

A collection of lessons distilled from the author's experiences as an investor, many inspired by his father. The title could be better and does not do justice to the book which is quite excellent. For example, the Fifth Axiom, on patterns: "Chaos is not dangerous until it begins to look orderly." What to look out for as you approach and conduct any business venture.
Paul V. Azzopardi

Press and Industry Reviews

'If you have got the price of this book, stake it.'
Investors Chronicle

'Strongly recommended; it is pacy, full of zest and, mercifully, makes investment sound as much fun in theory as it is in practice. How many other investment books are there that can get the adrenalin pumping with every page?'
Simon Rose, Punch

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Contents of The Zurich Axioms

Introduction: What the Axioms Are and How They Came to Be

The First Major Axiom: On Risk

The Second Major Axiom: On Greed

The Third Major Axiom: On Hope

The Fourth Major Axiom: On Forecasts

The Fifth Major Axiom: On Patterns

The Sixth Major Axiom: On Mobility

The Seventh Major Axiom: On Intuition

The Eighth Major Axiom: On Religion and the Occult

The Ninth Major Axiom: On Optimism and Pessimism

The Tenth Major Axiom: On Consensus

The Eleventh Major Axiom: On Stubbornness

The Twelfth Major Axiom: On Planning

[The 16 Minor Axioms appear within each of the chapters on the Major Axioms]


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