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
The follow-up to Victor Niederhoffer's critically and commercially acclaimed book The Education of a Speculator has finally arrived. Practical Speculation continues the story of a true market legend who ran a hugely successful futures trading firm that had annual returns of over thirty percent until unforeseen losses forced him to close operations. Like a phoenix rising from the ashes, Niederhoffer returned to the world of trading stocks, futures, and options, with a new colleague and a new approach and found success. Order your copy of this compelling story of risk and survival today.
Victor Niederhoffer
Finance & Investments Finanz- u. Anlagewesen Investments & Securities Kapitalanlage Kapitalanlagen u. Wertpapiere Spekulation (Wirtsch.)