The Education of a Speculator

ISBN-13: 9780471249481 / Angielski / Miękka / 1998 / 464 str.

Victor Niederhoffer

Opis

Acclaim for The Education of a Speculator, a provocative and penetrating look into the mind, the soul, and the strategies of one of the most controversial traders of all time A compelling and an entertaining read. -The Wall Street Journal Victor Niederhoffer gives us page after page of distilled investment wisdom.

Recenzje

"One of the great tours de force of investing literature, a must for any serious investor′s library."–Barron′s

"With an original mind and an eclectic approach, Victor Niederhoffer takes the reader from Brighton Beach to Wall Street, visiting all stops of interest along the way. What emerges is a book full of insights, useful to the professional and layman alike."–George Soros, Principal Investment Advisor, The Quantum Fund

". . . a compelling and an entertaining read."–The Wall Street Journal

"The Education of a Speculator is the first meaningful book on speculating. Successful speculating is as fine an art as chess, checkers, fishing, poker, tennis, painting, and music. Niederhoffer brings forth the best from each of these fields and shows the investor how their principles can enrich one′s life and net worth."–Martin Edelston, President, Boardroom Inc., publishers of Boardroom Classics & Bottom Line/Personal

"The Education of a Speculator offers plenty of insights into the way markets work, but the epiphanies are what a reader might expect from Lao–tzu rather than, say, Graham and Dodd."–Worth Magazine

". . . Victor Niederhoffer gives us page after page of distilled investment wisdom. Taken together, this is pure nectar to those who aim for consistently superior stock–market performance."–Barron′s

Spis treści

Brighton Beach Training.

Panics and Hoodoos.

Delphic Oracles and Science.

Losses, Comebacks, Trends, and the Weather.

Winning and Self–Reliance.

The Nature of Games.

Essential Board Games.

Gambling the Vig.

Horse Racing and Market Cycles.

Deception and Charts.

Sex.

Returns and Randomness: Academic Style.

Connections to Monitor.

Music and Counting.

The Ecology of Markets.

Finale.

Notes.

Select Bibliography.

Index.

O autorze

VICTOR NIEDERHOFFER's storied career as a speculator spans more than twenty-five years. He began speculating in commodities in the 1970s, and through 1997 held one of the most successful track records of any hedge fund manager. He currently manages money for overseas clients and trades for his own account. Niederhoffer is the author of the critically acclaimed and bestselling Education of a Speculator, and has written numerous articles for scholarly and professional publications including the Financial Analysts Journal. A magna cum laude graduate of Harvard (1964) and the University of Chicago (PhD 1969), Victor taught finance at Berkley and founded Niederhoffer, Cross & Zeckhauser, a mergers and acquisitions firm that was a leader in the field for many years. During the 1970s he dominated the squash world, claiming the world title in 1976. He currently writes a weekly column for CNBC Money with Laurel Kenner.

Blurb

Acclaim for The Education of a Speculator, a provocative and penetrating look into the mind, the soul, and the strategies of one of the most controversial traders of all time

"A compelling and an entertaining read." –The Wall Street Journal

"Victor Niederhoffer gives us page after page of distilled investment wisdom. Taken together, this is pure nectar to those who aim for consistently superior stock market performance." –Barron′s

"The Education of a Speculator offers plenty of insights into the way markets work, but the epiphanies are what a reader might expect from Lao–tzu rather than, say, Graham and Dodd." –Worth magazine

"The Education of a Speculator is the first meaningful book on speculating. Successful speculating is as fine an art as chess, checkers, fishing, poker, tennis, painting, and music. Niederhoffer brings forth the best from each of these fields and shows the investor how their principles can enrich one′s life and net worth." –Martin Edelston, President, Boardroom Inc., publishers of Boardroom Classics and Bottom Line/Personal

"With an original mind and an eclectic approach, Victor Niederhoffer takes the reader from Brighton Beach to Wall Street, visiting all stops of interest along the way. What emerges is a book full of insights, useful to the professional and layman alike." –George Soros, Principal Investment Advisor, The Quantum Fund