The Art of Speculation

Even among Wall Street legends, Philip L. Carret is a giant, the founder of one of the first mutual funds-the Pioneer Fund, which debuted in 1928-and a fount of knowledge and experience whose investing wisdom is acclaimed to this day. This classic guide to the nuts and bolts of speculating in the market, assembled from a series of articles for Barron's, is still one of the best primers available for beginners... and an excellent brush-up lesson for old hands. In clear-eyed, down-to-earth language, Carret discusses: . what is speculation? . why the investor must speculate . how stocks resemble real estate . trading on margin . over-the-counter trading . how to find a reliable broker . the disadvantages of options . the secret of the "sure-thing speculation" . forecasting market swings . understanding a bull market . how to read a balance sheet . and much, much more. American entrepreneur and financial writer PHILIP L. CARRET (1896-1998) is also the author of Buying a Bond.

Author: Philip L. Carret
Publisher: Cosimo Classics
Published: 10/01/2006
Pages: 376
Binding Type: Paperback
Weight: 0.90lbs
Size: 8.00h x 5.00w x 0.84d
ISBN13: 9781596056374
ISBN10: 1596056371
BISAC Categories:
- Business & Economics | Investments & Securities | Futures
- Business & Economics | Economics | General
- Business & Economics | Personal Finance | Investing