The Perfect Speculator

by Brad Koteshwar

Brad Koteshwar, the author of The Perfect Speculator, first came to be known for his report on a phenomenal 7000% price run in 52 weeks by Taser International's stock. When he released that report he had written for his clients as a fiction and looked for publicity in the local Arizona media, he was rebuffed as the who's who in the small but affluent communities of Arizona were all owners of Taser stocks. None of them wanted to believe that the stock price on Taser had topped out in April 2004.In this book, Brad Koteshwar continues the simple lessons of the stock market in a teacher and student format using the character of Boyd Hunt, a master speculator, as the teacher. In this day and age where fast, loose and easy money is hawked by the hundreds of stock market books, the author shows how the old, tried and true principles have always worked in past market cycles and will continue to work in future market cycles. For more about the author's other books, please visit //bradkoteshwar.com/.

Genres: Finance

160 pages, Paperback

First published June 30, 2005

Reviews

[Vitalijus Sostak]

Sometimes books with cheesy titles are reading gems, sometimes they're far from that. This book belongs to the latter category.
Basically, author repeats a bunch of true, but trivial "rules" (like, "first of all, avoid losing money", "buy only when trend is clearly established", "one only can make big bucks in strongly trending markets, avoid trading if there's no strong trend"). These advices sound somewhat familiar for "Reminiscences of a Stock Operator" readers, by the way ;).
However, unlike "Reminiscences", this book is way too general, too shallow, and completely avoids discussing nuances and details.

Better read "Reminiscences..." once again instead.

[Pranjal]

Okay book with not lot of meat, i.e 70% is wisdom on human behaviour in stock market and 30% is very basic understanding of price volume action of breakout charts and trends. Good book to start for novice investors or for refreshing the basics.