Business & Economics Books:

Wait

The useful art of procrastination
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Paperback / softback
$44.99
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Description

Warren Buffett compares stock trading to great athletes: they excel not because of fast neurological responses, but because of their ability to delay as long as possible before reacting. Successful CEOs, fire fighters, and military officers all know how to manage delay to gather as much information as possible to get the results they need. In Wait, Frank Partnoy argues that decisions of all kinds, whether 'snap' or long- term, benefit from being made at the last possible moment. The art of knowing how long you can afford to delay before committing is at the heart of many a great decision, whether in a corporate takeover or a marriage proposal. Apologies are better received if they are not rushed and people who can defer gratification are happier and more successful than those who must have everything now. Partnoy demonstrates that the ability to wait is crucial to getting the right answer and that gut instincts are often wrong.

Author Biography:

Frank Partnoy was a trader at Morgan Stanley before turning from gamekeeper to poacher and becoming professor of law and finance at the University of San Diego. He is one of the world's leading experts on the complexities of modern finance and financial market regulation and writes regularly for the Financial Times. He is the author of F.I.A.S.C.O.,The Match King and Infectious Greed.
Release date Australia
July 25th, 2013
Author
Audience
  • General (US: Trade)
Country of Publication
United Kingdom
Edition
Main
Imprint
Profile Books Ltd
Pages
304
Publisher
Profile Books Ltd
Dimensions
129x198x19
ISBN-13
9781846685958
Product ID
21211545

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