If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.
Customer service
All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com
Sale & Press
If you are interested in selling our products, need more information about our brand or wish to make a collaboration, please contact us at press@yourdomain.com
Help
If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.
Customer service
All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com
Sale & Press
If you are interested in selling our products, need more information about our brand or wish to make a collaboration, please contact us at press@yourdomain.com
Originally published in 1924, Common Stocks as LongTerm Investments was the first book to promote the idea that stocks surpass bonds in longterm investments. The work, which was highly reviewed and praised, was a key component in the stock market boom of the 1920s. Author and banker Edgar Lawrence Smith was startled to discover, when writing a pamphlet touting the advantages of bonds, that stocks were a better form of longterm investment, yielding a higher return. The New York Times claimed that the book 'laid down a principle which so reverses the accepted estimate of the relative investment value of bonds and common stocks as to have aroused the keen interest of Wall Street and investment bankers in general.' This book will fascinate not only history buffs, but those interested in taking out stocks of their own. EDGAR LAWRENCE SMITH (18821971) was an American economist and financier, best known for his book Common Stocks as LongTerm Investments. After attending Harvard University, Smith worked in the finance industry until he became an adviser to the Low, Dixon & Co. brokerage firm. It was there he discovered, while trying to advertise the advantages of bonds in longterm investment, that stocks were actually a superior alternative, thus prompting his book. Its success enabled him to launch a mutual fund firm, Investment Managers Company, which he lost in the stock market crash of 1929.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
For MAP (Minimum Advertised Price) violations and Intellectual Property (IP) or Trademark concerns, please contact:
support@ergodebooks.com
⚠️ California Proposition 65 Warning: Some products sold on this website may expose you to chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm. For more information, visit www.P65Warnings.ca.gov.
