No Bull: My Life In and Out of Markets by Michael Steinhardt

No Bull: My Life In and Out of Markets by Michael Steinhardt is an autobiography of one of the greatest investors of all time, Michael Steinhardt. In the book, Michael recounts his life story, from his childhood in Brooklyn to his meteoric rise in the financial world and beyond. The book provides an intimate and bracing look into the life of a Wall Street legend, as well as a personal account of the ups and downs of success.

Michael was born into a Jewish family in Brooklyn in 1945 and from a young age, he was flipping coins in the hopes of making a quick buck. This passion for making money shaped the rest of his life, and he eventually went to New York University. After getting a degree in Economics, Michael started working in the investment banking world in the 1960s, while also trading stocks in his spare time. He quickly discovered that he had a knack for picking winning stocks, and despite numerous losses and setbacks, he kept at it and eventually made a fortune.

With this newfound wealth, Michael set his sights on starting his own hedge fund, which he aptly named Steinhardt, Fine, Berkowitz & Co. For the next three decades, he made millions for his clients and helped shape the landscape for modern investing. This success spawned numerous accolades, including being named a Fellow at the Yale Corporation, and the Sanford C. Bernstein Lifetime Achievement Award for a Legendary Investor.

In his book, Michael opens up about his successes and failures, sharing his principles of investing as well as his thoughts on various current events. He talks at length about the devastating bear market towards the end of his career, his recovery from a near bankruptcy experience, and his marvelous comebacks. Michael also details his passion for philanthropy, which he has been committed to since his hedge fund days. He is an active donor to numerous charities, including the Avner Foundation and Nogah, and was generous in giving back to the Jewish community.

Through his book, No Bull: My Life In and Out of Markets, Michael Steinhardt paints an inspiring and uplifting tale of turning dreams into reality. He illustrates the importance of believing in oneself and the power of taking risks in order to reap the rewards. Michael’s story serves as a reminder to aspiring investors to never give up and keep striving for greatness.