The Art of Speculation
| Author | : | |
| Rating | : | 4.73 (615 Votes) |
| Asin | : | 1614272387 |
| Format Type | : | paperback |
| Number of Pages | : | 378 Pages |
| Publish Date | : | 2016-11-03 |
| Language | : | English |
DESCRIPTION:
Carret (1896 - 1998) was a famed investor and founder of The Pioneer Fund (Fidelity Mutual Trust), one of the first Mutual Funds in the United States. 2012 Reprint of 1930 Edition. Philip L. A former Barron's reporter and WWI aviator, Carret launched the Mutual Trust in 1928 after managing money for his friends and family. The initial effort evolved into Pioneer Investments. Warren Buffett said of him that he had "the best long term investment record of anyone I know" He is most famous for the long successful track record he achieved investing in Common Stocks and for being one of Warren Buffett's role models. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. He ran the fund for 55 years, during which an investment of $10,000 became $8 million. These are a series of articles written for Barron's and published in book form in 1930.
Mr. After graduating from Harvard College in 1917 with a degree in chemistry, he enlisted in the Army Signal Corps, a predecessor to the Air Force, where he was trained to fly the Sopwith Camel airplane. Barron, later lent his name to the financial weekly Barron's, where Mr. Philip L. The fund lost money in the stock market crash of 1929 and the Great Depression that followed, but from the mid-1930's through his retirement as its manager in 1983, Mr
Now, almost seven decades later, a newly updated edition proves as instructive as ever on this and related investment topics such as short selling, government regulation, options, and arbitrage. . First published in 1930, The Art of Speculation by Philip Carret has long been praised for its perceptive examination of the various ways that speculation impacts the worlds of both business and financial trading. Chapters on reading a balance sheet and an income statement remain classics
John Cain said Even though old, a good book for beginning investors. This book was written back in 19Even though old, a good book for beginning investors This book was written back in 1930 but there are still a lot of gems to be found, especially for beginning investors.What the author describes as speculation is really, today, just investing that is a little more risky than buying a stock for the dividends. He describes how to interpret financial statements, how the market works, and what to loo. 0 but there are still a lot of gems to be found, especially for beginning investors.What the author describes as speculation is really, today, just investing that is a little more risky than buying a stock for the dividends. He describes how to interpret financial statements, how the market works, and what to loo. Five Stars ken b Excellent, closely-written text illustrating timeless investment principles from interesting pre-1930 business and investment case histories.. Great outlook on investing. Roy T. Arnette Great, common sense outlook on investing.