官方藏书 / Economics / The psychology of speculation

The psychology of speculation

Henry Howard Harper · Economics · 27 章

目录

The Project Gutenberg eBook of The psychology of speculation THE PSYCHOLOGY OF SPECULATION Chapter 3 THE PURPOSE OF THIS BOOK THE HUMAN ELEMENT IN STOCK MARKET TRANSACTIONS THE PERNICIOUS INFLUENCE OF THE STOCK TICKER THE DISCONCERTING EFFECT OF SUDDEN LOSSES AND GAINS RETIRED BUSINESS MEN IN THE STOCK MARKET STOCK MARKET TRANSACTIONS APART FROM GAMBLING THE STOCK MARKET PRODUCES A NEW PHENOMENON—TURNS WORLD-WIDE DISASTER INTO LOCAL PROSPERITY FOOTNOTE:FRENZIED SPECULATION IS THE RANKEST FORM OF GAMBLING; IT IS A PERILOUS INDULGENCE THE DANGERS OF INVERTED PYRAMIDS THE LURE OF THE COPPER BOOM—AND BOGUS SECURITIES THE PERILS OF OVER-ACQUISITIVENESS—THE HUMAN ELEMENT IN SPECULATION THEY ALL RESOLVE, BUT THEY ALL GO BACK A NEW KNIGHT-ERRANT IN SPECULATION SOME SIGNS ARE COMPREHENDIBLE; OTHERS ARE HARD TO INTERPRET NONE ARE SO BLIND AS THOSE WHO REFUSE TO SEE—NONE SO FOOLISH AS THOSE WHO SCOFF AT WISE COUNSEL EVEN THE STOCK MARKET HAS ITS FARCICAL SIDE SPECULATORS ARE SLAVES OF SENTIMENT THERE IS BUT ONE WAY TO BEAT THE STOCK MARKET; THERE ARE MANY WAYS OF BEING BEATEN BY IT THE STOCK EXCHANGE IS A MONUMENT OF BUSINESS INTEGRITY BOOKS TEACH WISDOM, BUT EXPERIENCE IS A MORE PRACTICAL INSTRUCTOR WHIMS AND FALLACIES IN SPECULATION PROBLEMS DEFYING PRESENT SOLUTION ARE BETTER DEFERRED TO THE FUTURE THE FULL PROJECT GUTENBERG™ LICENSE