Trader Vic On Commodities

"As we know, there are known knowns. There are things we know we know. We also know there are known unknowns. That is to say, we know there are some things we do not know. There are also unknown knowns, the ones we did not know we know." 

"More importantly, you should find yourself able to lose more than win and still remain profitable overall. Learning to accept, deal with, and minimize losses is the most important factor.."

"So, you lost because something changed - an unknown... In effect, your lack of emotional discipline was itself an unknown unknown... The market are strong or weak for a reason, but you may not know why - a known unknown..."

Well... The known and unknown stuff as mentioned above did enough to attract me to continue with this book... After all, I thought the author, Master Vic talked sense and there is certain logical to the theories as mentioned.

However, the attractive part did not last long... In fact, there is only about 20% (perhaps less than that) of logical and senses... Eventually, it was followed by 80% (perhaps more) of promotional tool for the commodity index that Mr. Sperandeo devised! End of the day, the title itself is misleading... I just did not get what I want and what I expected!

Frankly, I thought publisher need to stop doing this... To me, this is not a proper way to market something... Having said that, my rating for this book definitely would not be high. The fact that I spend only less than 24 hours (perhaps less than that) to finish this book did enough to justify my rating. Well, I gain something... perhaps 20% of excellent information. Other than that, I really do not find anything interesting. Rating wise, I am going to rate 2/10... Exactly the 20% that I gained for the past 24 hours... LOL