The Perfect Speculator Book Review

The Perfect Speculator Book ReviewThe Perfect Speculator, by Brad Koteshwar, explains How to Win Big in Up Markets and Lose Nothing in Down Markets.

The Perfect Speculator came up on my radar when somebody mentioned it as a good, but relatively unknown trading book. As I’ve already read most of the mainstream investing books, I’m always on the lookout for lesser-known books with a unique point of view.

So does The Perfect Speculator deliver?

Well, in this book review I’ll tell you what The Perfect Speculator is all about, so you can determine if it’s the right trading book for you. Sound good?

Great. Then let’s get down to business.

The Perfect Speculator – Book Summary:

The Perfect Speculator shares stock market rules in a teacher and student format. The book is written from a first-person perspective, which makes it engaging and easy to follow.

The story is about an old stock market guru who is passing on his knowledge to a trusted friend and neighbour. The lessons are technical in nature. And the approach is similar to what Nicholas Darvas wrote about.

The lessons are simple to follow, and the stock picking method that the book teaches is a form of trend-following for growth stocks. If you’re looking to capture lightening in a bottle with momentum stocks, this might be the right kind of trading book for you.

On the other hand, if you don’t appreciate technical analysis whatsoever then you’l probably want to take a pass on this book.

But overall, I really enjoyed reading The Perfect Speculator. It was concise, focused and had a compelling point of view. I’ve had some luck augmenting my value investing with technical overlays and had some luck. So this book came at a great time for me.

But let me tell you what I liked most about this stock trading book…

The Perfect Speculator  – The Best Part:

My favourite part of The Perfect Speculator is how simple it is. The book is incredibly easy to understand, and straight to the point. Even if you are new to the market, you can learn a lot from this book.

The Perfect Speculator did a remarkable job of communicating a succinct set of principles to help you master speculation. And then it repeated them again and again. Truthfully…

Although this book was only about 115 pages, it could have been much shorter. However the author did a great job illustrating the simple lessons multiple times in easy to understand ways. And somehow, it wasn’t repetitive.

I already look forward to reading this book again.

But, before you think I was obsessed with this book, let me tell you a couple of negatives about The Perfect Speculator…

The Perfect Speculator – Two Small Complaints:

Overall, I really liked The Perfect Speculator. But there are two small complaints that I want to share in order to keep your expectations in line, in case you buy this book for yourself.

So the first thing to explain, is that the book is written in a very casual style. While I’m all down for simple and easy to understand books, I think a little bit more editing could have been helpful. There were a few times I had to re-read sentences because I ‘didn’t understand them the first time. It’s not a huge complaint though.

Second, I honestly just wish The Perfect Speculator was a little bit longer. I guess the truth is that the rules of speculation are relatively simple. It’s executing them consistently that’s the tricky part. We humans don’t always make it easy.

And to be honest, if the book was longer, I might complain that it was repetitive. I think the author did a old job on the whole, and these gripes are quite minor. I’m still very happy to have read this book.

Now with that in mind, let’s wrap this up.

The Perfect Speculator – The Final Word:

The Perfect Speculator is a wonderful read, that’s easy to understand and delivers time-tested lessons in speculation. For these reasons, I suggest you check out The Perfect Speculator on Amazon and pick up a copy for yourself.

I hope you have a good overview of this book, now that you’e read my review. But if you want more information, you’re welcome to watch the video book review below to learn even more.

The Perfect Speculator – Video Book Review: