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Trader Vic: Methods of a Wall Street Master
by Victor Sperandeo (Author), T. Sullivan Brown (Contributor)
From Library Journal
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 ¡ª 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!" ¡ªPaul 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." ¡ªJohn 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." ¡ªYale 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." ¡ªJames 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." ¡ªT. 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." ¡ªLouis I. Margolis Managing Director, Salomon Brothers, Inc.
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