Life in the Financial Markets

This edition first published 2015

© 2015 John Wiley & Sons, Ltd

Translated and updated from the Spanish edition Nosotros, Los Mercados published in 2013 by Ediciones Deusto, an imprint of Centro de Libros Papf, S.L.U.

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ISBN 978-1-118-91487-8 (hbk) ISBN 978-1-118-91496-0 (ebk)

ISBN 978-1-118-91495-3 (ebk) ISBN 978-1-118-91494-6 (ebk)

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Cover Illustration: TK

To my sons, Jaime, Daniel and Pablo, who are my pride and joy and the best thing that ever happened to me.

To Patricia, my love.

To my parents, Ángela and José Daniel, who raised me to think independently.

To my grandfather, who taught me to believe in myself.

In this book, I begin by trying to show the human side of the markets and the day-to-day joys and difficulties that they produce. Then I offer my general take on the economy and its crises and, lastly, provide a technical analysis of investing in the stock market based on my experiences as an investor.

It has been an immense pleasure for me to draw together several years of ideas, observations and analysis in a work that I hope the reader will find enlightening and to their liking.

By the time you have finished reading this book, the financial environment will have completely changed, the economy will be continuing to evolve and, with any luck, we will have the opportunity to continue learning something new. Remember that crisis is opportunity – as long as you also have a fair bit of luck.

Special thanks to:

Antonio González-Adalid, Emilio Ontiveros, Ken Griffin and Bernard Lambilliotte for everything I have learnt from them.

Roger Domingo, my editor Thomas Hyrkiel, Wiley, and Ediciones Deusto (Grupo Planeta), for their support.

Lorenzo Gianninoni, my first reader, for his invaluable feedback.