One-way Pockets

One-way Pockets
Author: Don Guyon
Publisher: Cosimo, Inc.
Total Pages: 69
Release: 2005-12-01
Genre: Business & Economics
ISBN: 1596056541

The circulation of a mere rumor that the Morgan interests are accumulating Steel or that the Standard Oil crowd is getting out of St. Paul is sure at any time to create a market following. Most of the tips that are hawked about the Street are based on the supposition that somebody-or-other of consequence is buying or selling certain stocks. I do not know of a single case where anyone has been able to make money consistently by following information of this character, even when the information comes to him first hand. -from "A Speculative Decision" In 1917, an insider at a Wall Street brokerage firm took a close look at his company's most active traders and analyzed their trades to glean the secrets of their success... and what he found is still applicable today. Writing pseudonymously, he here offers a wide range of sage advice about: .buying on the way down .determining trends .how a bull market starts .the correct use of stop orders .when and what to sell short .and more.

Wall Street Speculation

Wall Street Speculation
Author: Franklin C. Keyes
Publisher: Cosimo, Inc.
Total Pages: 81
Release: 2005-11-01
Genre: Philosophy
ISBN: 1596054867

It is a peculiar feature of Wall Street speculation that the novice never gets his courage worked up to buy stocks until the market is right on the top, and he never concludes to sell until the market is clear on the bottom.-from Wall Street SpeculationWhy small traders shouldn't rely on brokers. Why you shouldn't trust the financial "news" in the business press. How the market is manipulated into decline and panic by savvy insiders. In a 1904 lecture, reproduced in this slim but provocative volume, Franklin Keyes explained in simple language a nugget of wisdom that should be commonsense: the general public cannot avoid getting fleeced by the buccaneers of Wall Street. Keyes's words are shocking but, in retrospect, obvious, and still highly pertinent today. You'll never look at a stock-market report in the same way again.FRANKLIN C. KEYES was a New York lawyer.

Devil Take the Hindmost

Devil Take the Hindmost
Author: Edward Chancellor
Publisher: Penguin
Total Pages: 401
Release: 2000-06-01
Genre: Business & Economics
ISBN: 0452281806

A lively, original, and challenging history of stock market speculation from the 17th century to present day. Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? How has the psychology of investing changed—and not changed—over the last five hundred years? In Devil Take the Hindmost, Edward Chancellor traces the origins of the speculative spirit back to ancient Rome and chronicles its revival in the modern world: from the tulip scandal of 1630s Holland, to “stockjobbing” in London's Exchange Alley, to the infamous South Sea Bubble of 1720, which prompted Sir Isaac Newton to comment, “I can calculate the motion of heavenly bodies, but not the madness of people.” Here are brokers underwriting risks that included highway robbery and the “assurance of female chastity”; credit notes and lottery tickets circulating as money; wise and unwise investors from Alexander Pope and Benjamin Disraeli to Ivan Boesky and Hillary Rodham Clinton. From the Gilded Age to the Roaring Twenties, from the nineteenth century railway mania to the crash of 1929, from junk bonds and the Japanese bubble economy to the day-traders of the Information Era, Devil Take the Hindmost tells a fascinating story of human dreams and folly through the ages.

When Wall Street Met Main Street

When Wall Street Met Main Street
Author: Julia C. Ott
Publisher: Harvard University Press
Total Pages: 348
Release: 2011-06-14
Genre: Business & Economics
ISBN: 0674050657

The financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its citizenry. How did financial markets and institutions-commonly perceived as marginal and elitist at the beginning of the twentieth century-come to be seen as the bedrock of American capitalism? How did stock investment-once considered disreputable and dangerous-first become a mass practice? Julia Ott tells the story of how, between the rise of giant industrial corporations and the Crash of 1929, the federal government, corporations, and financial institutions campaigned to universalize investment, with the goal of providing individual investors with a stake in the economy and the nation. As these distributors of stocks and bonds established a broad, national market for financial securities, they debated the distribution of economic power, the proper role of government, and the meaning of citizenship under modern capitalism. By 1929, the incidence of stock ownership had risen to engulf one quarter of American households in the looming financial disaster. Accordingly, the federal government assumed responsibility for protecting citizen-investors by regulating the financial securities markets. By recovering the forgotten history of this initial phase of mass investment and the issues surrounding it, Ott enriches and enlightens contemporary debates over economic reform.

The Art Of Speculation

The Art Of Speculation
Author: Philip L. Carret
Publisher: Pickle Partners Publishing
Total Pages: 401
Release: 2015-11-06
Genre: Business & Economics
ISBN: 1786256746

Philip L. 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. 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. He ran the fund for 55 years, during which an investment of $10,000 became $8 million. 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. This book comprises a series of articles written for Barron’s and published in book form in 1930.—Print Ed.

Trader Vic--Methods of a Wall Street Master

Trader Vic--Methods of a Wall Street Master
Author: Victor Sperandeo
Publisher: John Wiley & Sons
Total Pages: 308
Release: 1993-08-30
Genre: Business & Economics
ISBN: 9780471304975

Trader Vic -- Methods of a Wall Street Master Investment strategies from the man Barron's calls "The Ultimate Wall Street Pro" "Victor Sperandeo is gifted with one of the finest minds I know. No wonder he's compiled such an amazing record of success as a money manager. Every investor can benefit from the wisdom he offers in his new book. Don't miss it!" --Paul Tudor Jones Tudor Investment Corporation "Here's a simple review in three steps: 1. Buy this book! 2. Read this book! 3. See step 2. For those who can't take a hint, Victor Sperandeo with T. Sullivan Brown has written a gem, a book of value for everyone in the markets, whether egghead, novice or seasoned speculator." --John Sweeney Technical Analysis of Stocks and Commodities "Get Trader Vic-Methods of a Wall Street Master by Victor Sperandeo, read it over and over and you'll never have a losing year again." --Yale Hirsch Smart Money "I have followed Victor Sperandeo's advice for ten years, and the results have been outstanding. This book is a must for any serious investor." --James J. Hayes, Vice President, Investments Prudential Securities Inc. "This book covers all the important aspects of making money and integrates them into a unifying philosophy that includes economics, Federal Reserve policy, trading methods, risk, psychology, and more. It's a philosophy everyone should understand." --T. Boone Pickens, General Partner Mesa Limited Partnership "This book gave me a wealth of new insights into trading. Whether you're a short-term trader or a long-term investor, you will improve your performance by following Sperandeo's precepts." --Louis I. Margolis Managing Director, Salomon Brothers, Inc.

Trader Vic II

Trader Vic II
Author: Victor Sperandeo
Publisher: John Wiley & Sons
Total Pages: 310
Release: 1998-02-23
Genre: Business & Economics
ISBN: 0471248479

The man Barron's dubbed "the ultimate Wall Street pro" returns witha stunning follow-up to his bestselling Trader Vic--Methods of aWall Street Master ("The best investment book of 1992"--The StockTrader's Almanac). Take an advanced class in his patented tradingand investment philosophy and learn how the master makes betterinvestment decisions . . . deciphers economic theories and usesthem to predict investment outcomes . . . cuts through the lies,fallacies, and distortions that muddle and confound trading andinvestment decision making . . . and much more! What the experts said about Trader Vic--Methods of a Wall StreetMaster . . . "Victor Sperandeo is gifted with one of the finest minds I know. Nowonder he's compiled such an amazing record of success as a moneymanager. Every investor can benefit from the wisdom he offers inhis new book. Don't miss it!" --Paul Tudor Jones, Tudor InvestmentCorporation. "Here's a simple review in three steps: 1. Buy this book! 2. Readthis book! 3. See step 2. For those who can't take a hint, VictorSperandeo with T. Sullivan Brown has written a gem, a book of valuefor everyone in the markets, whether egghead, novice, or seasonedspeculator." --John Sweeney, Technical Analysis of Stocks andCommodities. "Get Trader Vic--Methods of a Wall Street Master by VictorSperandeo, read it over and over and you'll never have a losingyear again." --Yale Hirsch, Smart Money.

Eyewitness to Wall Street

Eyewitness to Wall Street
Author: David Colbert
Publisher: Broadway
Total Pages: 424
Release: 2001
Genre: Biography & Autobiography
ISBN:

Drawing on diaries, private letters, memoirs, and reportage, David Colbert's acclaimed Eyewitness books offer extraordinary first-hand views of history's pivotal moments. Eyewitness to Wall Street's combination of remarkable perspectives and a subject of exceptional current interest results in the richest and most illuminating Eyewitness book yet.From our first IPO -- the European fund-raising that launched America's colonization -- through today's mass obsession with the Dow and Nasdaq, Eyewitness to Wall Street brims with accounts from people who saw it happen -- poets and speculators, patriots and criminals, politicians and reporters -- including Daniel Defoe, Mark Twain, Franklin D. Roosevelt, Warren Buffet, and Michael Lewis. It reveals how Wall Street traders saved the Continental Army from bankruptcy and helped finance the Union during the Civil War; how Americans were suckered by the bull market of early 1929 and struggled through the rebuilding of modern Wall Street. More than halfthe book is devoted to the contemporary era, defined by the "greed is good" 1980s, the bull market 1990s, and the dot-com millionaires and infla