By definition, investors' horizons are long-term (years) and traders' are short-term. This book is aimed at the latter, obviously limiting the scope of its applicability. Noted investment manager Sperandeo explains how he traces stocks and commodities using trends, Dow Theory, Fed-watching, stop-losses, charts, and the panoply of technical analysis combined with his own wrinkles. His chief antagonists are program traders (who move billions likewise in the short-term) and the whims of the market. In the second half, Sperandeo explores the psychology of trading and the use and importance of emotional discipline. He also stresses personal success, not just financial, and presents a solid condensed explanation of real economics, scathingly destroying the wishful-thinking economics of academics and politicians. First half fascinating + second half instructive = a buy for business collections.
- Alex Wenner, Indiana Univ. Libs., Bloomington
Copyright 1991 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
Trader Vic — Methods of a Wall Street Master
"Investment strategies from the man Barron's calls "The Ultimate Wall Street Pro" Victor Sperandeo is gifted with one of the finest minds I know. No wonder he's compiled such an amazing record of success as a money manager. Every investor can benefit from the wisdom he offers in his new book. Don't miss it!"
—Paul Tudor Jones, Tudor Investment Corporation
"Here's a simple review in three steps: 1. Buy this book! 2. Read this book! 3. See step 2. For those who can't take a hint, Victor Sperandeo with T. Sullivan Brown has written a gem, a book of value for everyone in the markets, whether egghead, novice or seasoned speculator."
—John Sweeney, Technical Analysis of Stocks and Commodities
"Get Trader Vic-Methods of a Wall Street Master by Victor Sperandeo, read it over and over and you’ll never have a losing year again."
—Yale Hirsch, Smart Money
"I have followed Victor Sperandeo's advice for ten years, and the results have been outstanding. This book is a must for any serious investor."
—James J. Hayes, Vice President, Investments Prudential Securities Inc.
"This book covers all the important aspects of making money and integrates them into a unifying philosophy that includes economics, Federal Reserve policy, trading methods, risk, psychology, and more. It’s a philosophy everyone should understand."
—T. Boone Pickens, General Partner Mesa Limited Partnership
"This book gave me a wealth of new insights into trading. Whether you’re a short-term trader or a long-term investor, you will improve your performance by following Sperandeo’s precepts."
—Louis I. Margolis, Managing Director, Salomon Brothers, Inc.
I am fairly new to trading concepts and been reading a few books. This one, although published in 1999, is has fundamental value about Dow theory, how the market works and the... Read morePublished 3 months ago by George Privett
This book was a good read. Its not the smoothest read if its your first book on investing, but its worth slugging it through. Read morePublished 16 months ago by james
Over the last two years I have read over 20 books focusing upon trading. This ranks only second to lefevre's Reminiscences of a stock Operator. Read morePublished on Feb. 27 2003 by i s richley
I am an equities trader and I have read over 20,000 pages about investing in the stock market, fundamental and technical analysis, and many related topics. Read morePublished on Nov. 1 2002 by Gregg Killpack
I like this book because Trader Vic really lets you into his head. He gives you a bird's eye view of the trading world, some of his strategies, trials and tribulations, and market... Read morePublished on July 24 2002
This sums it all up. Vic presents a thoughtful methodology for capital preservation. Violate his rules at your own risk.Published on June 11 2002 by nycbookreader