The Art of Speculation Philip L. The speculator himself must supply all three. His Twelve Commandments for Speculators is good advice for us all. Table of contents What is Speculation? There are no discussion topics on this book yet. Rich rated it it was amazing Oct 08, With clarity and precision, he presents the history of the profession, the relationship between speculation and business, and the fundamentals-bonds, securities, derivatives, and stocks, as well as the more complex areas of analysis, margins, and arbitrage.
By sufficient diversification these unknown factors affecting individual securities cancel each other.
Having a large margin of safety reduces the variance of losing money due to variance or fluctuation in the market, in case the unknown happens or variance and volatility sets in. Nawar Alsaadi rated it liked it Dec 17, His relentless approach to business combined with his incredible ability to execute his ideas gives him a tremendous differentiation advantage in the global specialty retail industry. Dispatched from the UK in 3 business days When will my order arrive?
The good news then is that this book is a much easier read, and also I sspeculation it makes some very good observations in the end. Now What? Gravitz, Julie D. By Alexander Yamashita. Marken, Timothy A. Webster M. By Kourtney Jason. Maria Antonia Sicalbo. Manisha Kshirsagar. By Jr. William H. Peanuts By Charles M. Ebook Download What is Love? Txt, PDF, ePub. Carret, philip l. Carret from our library? Title: the art of speculation author: philip l. The art of speculation by philip l.
Books: the art of speculation chinese edition Author: Philip L. CARRET has been a bond salesman, financial journalist, and mutual fund manager of extraordinary vision and ability.
Now, almost seven decades later, a newly updated edition proves as instructi"Speculation is no simple business.. Indeed, speculation requires broader knowledge, closer attention, sounder judgment than the average business. Carret's classic is a perceptive and complete examination of speculation and its vital role in our economy.
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