Trader Vic II: Principles of Professional Speculation (Wiley Trading) [Hardcover]

Victor Sperandeo (Author)

Book Description

ISBN-10: 047153577X | ISBN-13: 978-0471535775 | Publication Date: March 1994 | Edition: 1

The man Barron's dubbed "the ultimate Wall Street pro" returns with a stunning follow-up to his bestselling Trader Vic--Methods of a Wall Street Master ("The best investment book of 1992"--The Stock Trader's Almanac). Take an advanced class in his patented trading and investment philosophy and learn how the master makes better investment decisions . . . deciphers economic theories and uses them to predict investment outcomes . . . cuts through the lies, fallacies, and distortions that muddle and confound trading and investment decision making . . . and much more!

What the experts said about Trader Vic--Methods of a Wall Street Master . . .

"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.

Editorial Reviews

Review

"The Ultimate Wall Street Pro."--Barron's

"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

From the Publisher

Offers fresh, insightful applications to a legion of traditional investment techniques, combining concepts from fundamental and technical analysis, probability and statistics, politics, economics and psychology resulting in a comprehensive and proven trading approach. Coverage includes Dow Theory, economic forecasting, the use of historical data in risk assessment and much more. Packed with illustrations and charts from stock, futures and options markets--each clarifying a significant technique.

See all Editorial Reviews

Product Details

• Hardcover: 304 pages
• Publisher: Wiley; 1 edition (March 1994)
• Language: English
• ISBN-10: 047153577X
• ISBN-13: 978-0471535775
• Product Dimensions: 9 x 6.3 x 1.1 inches
• Shipping Weight: 1.4 pounds (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars  See all reviews (25 customer reviews)
• Amazon Best Sellers Rank: #879,911 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

47 of 51 people found the following review helpful:

2.0 out of 5 stars Trader Vic I is much better, November 14, 2001

By 

ServantofGod - See all my reviews

This review is from: Trader Vic II: Principles of Professional Speculation (Wiley Trading) (Paperback)

I rated Vic I a 5 stars. However, I dont see any reason for the existence of Vic II, which just primarily repeated what had been covered in its predecessor. Hope you had read this review before you buy and read Vic II. Just go directly to Vic I! It's a great read.

21 of 22 people found the following review helpful:

5.0 out of 5 stars Outstanding book on trading and understanding markets, July 26, 2001

By 

"jhylen" (Atlanta, GA) - See all my reviews

This review is from: Trader Vic II: Principles of Professional Speculation (Wiley Trading) (Paperback)

I was looking over the past reviews for this book, and noticed the one about Sperandeo's need for a formal education. I disagree completely. I have an MBA from Wharton in Finance. Mr. Sperandeo's command of economics seems rather sound. More importantly, Mr. Sperandeo delves into areas that academics won't delve into and give crucial information on developing a winning trading strategy. Take time to read this book if you are serious about the market.

15 of 16 people found the following review helpful:

3.0 out of 5 stars Kind of repetitive, January 19, 2005

By 

G. Shkodra (Montreal, Canada) - See all my reviews
(REAL NAME)   

This review is from: Trader Vic II: Principles of Professional Speculation (Wiley Trading) (Paperback)

This book has some strong ideas and analysis on economic fundamentals, credit and business cycle, macrofundamental forecasting, political influences on business and the economy, the effects of taxation on the long term trend, GNP and the dollar. But you find most of this stuff in the first book by M. Sperandeo, and I really don't see the need for another book on these matters. What's the purpose here? The first one was written about investors and traders, and this one was written about speculators (as their respective titles would suggest)? The big questions remain the same, but what differs is the approach?

On the other hand the 25 pages on options trading alone made this book's price worth paying, at least for me. I wish that M. Sperandeo had written more on options and I hope someday he'll write an entire book on options and futures alone. Now that might really be worth it!

Anyway, Victor Sperandeo remains one of my favorite trading bookwriters. When it comes to combining trading and investment ideas with analysis and presentation simplicity, I still do think that he's one of the best out there.