Additional information
by Victor Niederhoffer (Author), Laurel Kenner (Author)
Hier kommt der Nachfolger des viel gepriesenen Bestsellers "The Education of a Speculator" vom gleichen Autor. (ebenfalls bei Wiley erschienen, 0471 13747 2)
"Practical Speculation" ist die Fortsetzungsgeschichte einer echten Finanzmarkt-Legende. Niederhoffer war im Futures-Handel äu erst erfolgreich, bis unvorhergesehene Verluste ihn 1997 zur Aufgabe seines Unternehmens zwangen.
Wie Phönix aus der Asche kehrte Niederhoffer 1999 in die Welt des Aktien-, Futures- und Optionshandels zurück - allerdings mit einer neuen Kollegin und einer neuen Methode.
Dieses Buch erzählt die spannende und inspirierende Geschichte eines Top-Händlers, der sich selbst neu erfunden hat.
Hier enthüllt er - gemeinsam mit Coautorin Laurel Kenner - seine einzigartigen Ideen, wie man auch in volatilen Märkten Gewinne machen kann.
Eine aufregende Lektüre, die sowohl den "alten Hasen" als auch den Neulingen unter den Händlern und Anlegern zeigt, wo und wie sie die ungewöhnlichsten Marktchancen aufspüren können.
Front Jacket
Praise for Practical Speculation
More trading 'truth' than a dozen typical market books combined. It's in a league of its own.
--Active Trader magazine
Victor Niederhoffer and Laurel Kenner probably know more about short-term movements than anyone else . . . an invaluable guide for speculators.
--James H. Lorie, Eli B. and Harriet B. Williams Professor Emeritus of Business Administration, Graduate School of Business, University of Chicago
A Rabelaisian romp down Wall Street . . . this book is fearless and occasionally shocking, but always the conclusions are backed up by supporting numbers. Recommended to those seeking both fun and profit.
--Richard Zeckhauser, Frank P. Ramsey Professor of Political Economy, Harvard University
Practical Speculation is so good that I'll guarantee it. If it's not for you, just return it to me with your sales receipt for a full prompt refund.
--Martin Edelston, Publisher, Bottom Line / Personal
Pearls of investment wisdom from a Wall Street legend. I recommend it to anyone with serious financial aspirations.
--Andrew Lo, Harris & Harris Group Professor, MIT Sloan School of Management
Back Jacket
Praise for Practical Speculation
"More trading 'truth' than a dozen typical market books combined. It's in a league of its own."
--Active Trader magazine
"Victor Niederhoffer and Laurel Kenner probably know more about short-term movements than anyone else . . . an invaluable guide for speculators."
--James H. Lorie, Eli B. and Harriet B. Williams Professor Emeritus of Business Administration, Graduate School of Business, University of Chicago
"A Rabelaisian romp down Wall Street . . . this book is fearless and occasionally shocking, but always the conclusions are backed up by supporting numbers. Recommended to those seeking both fun and profit."
--Richard Zeckhauser, Frank P. Ramsey Professor of Political Economy, Harvard University
"Practical Speculation is so good that I'll guarantee it. If it's not for you, just return it to me with your sales receipt for a full prompt refund."
--Martin Edelston, Publisher, Bottom Line / Personal
"Pearls of investment wisdom from a Wall Street legend. I recommend it to anyone with serious financial aspirations."
--Andrew Lo, Harris & Harris Group Professor, MIT Sloan School of Management
Author Biography
VICTOR NIEDERHOFFER's storied career as a speculator spans more than twenty-five years. In the introduction to Practical Speculation, Vic describes the rollercoaster his hedge fund rode from No. 1 in 1996 to the debacle in 1997 that forced him to close his fund. Rather than giving up, he wrote this book "figuring that by trying to teach others, I might learn something myself," apparently with some success. Niederhoffer was ranked No. 6 for the year 2003 among 200 managed futures hedge funds in the TASS database, and is No. 4 in the performance rankings through mid-2004. Niederhoffer is the author of the critically acclaimed Education of a Speculator as well as numerous groundbreaking academic articles about markets. A magna cum laude graduate of Harvard, he holds a doctorate in economics from the University of Chicago Graduate School of Business. He is a five-time national champion in squash and claimed the world title in 1976.
LAUREL KENNER has written several hundred columns on the stock market with Victor Niederhoffer for CNBC money, Active Trader magazine, worldlyinvestor.com, and TheStreet.com. She previously spent five years as chief U.S. stocks editor at Bloomberg News and five years as an award-winning aerospace reporter for Copley Newspapers.
