No Bull: My Life In and Out of Markets

No Bull offers an account of some of the investment strategiesthat drove Michael Steinhardt's historic success as a hedge fundmanager including a focus on his skills as an industry analyst andconsummate stock picker. He also reveals how his uncanny talent forknowing when to trade against the prevailing market trend-a talentthat was not always appreciated by several erstwhile high-profileclients-resulted in many of his greatest successes. Here heprovides detailed accounts of some of his most sensationalcoups-including his momentous decision, in 1981, to stakeeverything on bonds-and his equally sensational failures, such ashis disastrous foray into global macro-trading in themid-1990s.

At the same time, No Bull is the rags-to-riches story of a boyfrom Bensonhurst and his rise from the streets of Brooklyn to theheights of Wall Street. In a thoroughly engaging narrative,Steinhardt relates the early influences that shaped his attitudestoward life and success, as well as the beginning of his loveaffair with stock investing. Further, he chronicles his dawningawareness of the need for a purpose in life beyond the acquisitionof wealth and how it led to his decision to retire and redirect hisenergies. We learn about his experiences as the chairman of theDemocratic Leadership Council for nearly a decade, as well as hisinnovative thinking and ambitious projects to strengthen the Jewishcommunity.

The inspiring true story of a Wall Street genius and world-classphilanthropist, No Bull is an unforgettable read for financeprofessionals and students of human nature alike.
Michael Steinhardt is one of the most successful money managers inthe history of Wall Street. He is also widely known for hisphilanthropic activities, particularly in the Jewish community-mostnotably as cofounder with Charles Bronfman of birthright israel, aprogram whose mission is to provide a free educational opportunityfor every young Jewish person of the Diaspora to visit Israel.