Trader Vic on Commodities What's Unknown, Misunderstood, and Too Good to Be True

"In Trader Vic on Commodities, Wall Street legend Victor Sperandeo explains in simple terms how these markets operate, removes some of the mystique and uncertainty involved, and offers a proven method for capitalizing on commodity market trends - without taking giant risks. He introduces a valuable tool - the Standard & Poor's Diversified Trends Indicator (S&P DTI) - to capture price movement, premiums, and discounts in the commodity futures markets. Sperandeo shows that, as commodities are cyclical in nature, the best goal is to capture as much of the major trends of each market as possible, while balancing that goal with a minimum of risk. The S&P DTI - designed to be complementary to other investments, but with a negative historical correlation and completely uncorrelated to other investment classes - has produced alpha consistency with low volatility rather than outsized returns with higher volatility."--BOOK JACKET.