Practical Speculation Paperback - 2005 - 1st Edition

First line

The nightmare is always the same.

From the rear cover

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