Trader Vic 2

Vic Sperandeo - Barron's 'Ultimate Wall Street Pro' - didn't rack up a remarkable nominal rate of return 70.7% without a losing year between 1978-89 by listening to the 'experts'. So, how does he do it? What keeps him so far ahead from everyone else? It's all here in this advanced follow-up to his acclaimed Trader Vic - Methods of a Wall Street Master'.

Trader Vic's investment and trading philosophy combines the use of historical studies, tools from technical and fundamental analysis, ideas from statistics and probability, an understanding of economics, politics, and Dow theory - all forged into the Wall Street-tested, approach that many have tried and failed to match.

You'll find complete guidance on the three steps involved in Trader Vic's trading and forecasting methodology:

Research: examine history and opinion first before you can accept what any expert might tell you-and make sure you've got all the facts you need to tell the truth from wishful thinking.

Apply: take the statistical data of past events and predict the likelihood of future events using Trader Vic's patented techniques.

Test: analyze your results from a contrarian standpoint- as an antidote to the 'sentiment of the crowd'.