Talking With "Trader Vic" Sperandeo
Victor Sperandeo, money manager, economist and co-author of the popular Trader Vic: Secrets of a
Wall Street Master and author of a second book due out this winter, is more than just a successful trader.
A trading and investing success who by his own admission never went beyond high school, Sperandeo
worked and studied at the school of hard knocks (otherwise known as Wall Street) for his string of
successes. How did he do it? What's the secret? As usual, it comes out to hard work — and study, lots
and lots of studying. To find out the details, STOCKS & COMMODITIES Editor Thom Hartle interviewed Vic
Sperandeo via telephone on September 16, 1993, discussing among other topics his view of the markets,
how they work and tips on how to trade successfully.
Things change. There are technical observations and technical indicators that are new and up and
coming and some are on their way out. You have to constantly update and adjust and remain focused on
the fact that things change. Most people don't think of it that way. They think if they've got something that
works, it will work forever. But it doesn't. — Victor Sperandeo