In this excerpt from his acclaimed book Taming The Lion, highly successful trader, investor and former hedge fund manager, Richard Farleigh, reveals some of the secret investment strategies that he developed to succeed in the markets: "Over a period of time, even the best investors will inevitably suffer losses. Unfortunately even good ideas can lose money just as bad ideas can sometimes make money. There is inevitably a high degree of chance or luck involved. The most important thing will be to manage the risks and to "stay in the game". Investors need to think about how far a price can move the wrong way. They also need to diversify, be able to cut losing positions, and to be able to withstand the stresses involved." Praise for Farleigh's acclaimed book, Taming the Lion: "Anyone who was able to retire at the age of 34, move to Monte Carlo and become a private investor must have made some smart investment decisions. Richard Farleigh did just that and he's sharing his secrets in this book." Money Magazine "Taming the Lion is a book about profiting from big themes. From humble beginnings in Australia, Farleigh made a fortune following powerful trends, the most effective and least stressful route to investment success. He knows how to write too." Telegraph "Overall I feel there is so much information in this book, it is probably one I will keep re-reading as I make investment decisions. I especially like the way it has reminded me that there are other asset classes to invest in other than shares and property and yet the same strategies are applicable". Investors Voice