Book Description

This classic was a runaway best seller 66 years ago - and its principles are still being championed by investment giants like CNBC's Bill Griffieth and top trader Victor Niederhoffer. It's common-sense premise is that the speculator serves a vital and necessary role in a free market economy. Now, a new generation of investors will learn about the objectives and strategies of basic value investing along with how speculating relates to options, technical & fundamental analysis, shortselling, margin, arbitrage, and more.

Comments

"Philip Carret has been practicing the art of investing longer than anyone. In the current frothy stock market environment it is helpful to read his insights into the Great Crash of 1929 to see if there are useful parallels. Beginning investors will find The Art of Speculation instructive and students of the market will learn much about what investing was like seven decades ago before computers, derivatives, junk bonds, discount brokers, and hedge funds. His Twelve Commandments for Speculators is good advice for us all." -Byron R. Wien, Managing Director/U.S. Investment Strategist Morgan Stanley & Co., Inc.  Buy Now....