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Informationen zum Autor VICTOR SPERANDEO has been a professional trader and money manager for 24 years. He currently manages and advises institutional and large individual portfolios for Rand Management Corporation. He has been profiled in Barron's and The Wall Street Journal and appears frequently on CNBC and other television networks, and is in demand as a lecturer. Klappentext 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. Zusammenfassung 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. Inhaltsverzeichnis Foreword iii Preface ix Acknowledgments xiv Part 1 Building Your Knowledge from the Ground Up 1 Introduction: The Secret of the Gamboni 1 1 From Gambler to Market Master: The Making of a Professional Speculator 3 A Quest for Freedom 5 The Wisdom of the Tape 6 Horsetrading Options 8 A Taste of Independence 10 Discovering the Nature of Trends 12 Finding My Freedom 13 2 The Alligator Principle: Proof of the Need to Think in Essentials 15 Being Eaten Alive 15 Thinking in Essentials16 3 A Business Philosophy for Consistent Success 21 Preservation of Capital 21 Consistent Profitability 24 Pursuit of Superior Returns 26 Conclusion 27 4 Finding Order in Market Chaos: An Introduction to Dow Theory 29 Good Ideas Often Misunderstood 30 The "Hypotheses" of Dow Theory 32 The "Theorems" of Dow Theory 35 Conclusion 46 5 A True Understanding of Trends 49 Uptrend, Downtrend, Move All Around Trend 49 Let's Reduce It to Basics 49 The Importance of Confirmation 52 The Four Phases of a Market 54 Important Volume Relationships 57 Conclusion 57 6 The Merits and Hazards of Technical Analysi...
