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The Art of Speculation is laden with insights and studies that are as fresh today as newly cut grass . . . a joy to read. The topics covered were timeless in 1931 . . . and written in 24carat prose.' from the Foreword by Victor NiederhofferA classic in every sense of the word, The Art of Speculation has been heralded by investors, both past and present, as a true standout in the field. Written by Philip Carret a Wall Street legend long considered a leading thinker in basic value investing this timeless work is as vital a part of finance literature today as it was when it first appeared almost seventy years ago.Acclaim for The Art of Speculation'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.'A genuine rarity: the intricacies of investing illuminated by clear writing and timeless insight. The chapters on how to read a balance sheet and income statement are classics. No investor should even consider dabbling in the frantic IPO market of today without having read them first.' Christopher M. Byron Esquire
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- Q: What is the page count of The Art of Speculation? A: The Art of Speculation has three hundred eighty-four pages. This extensive length covers valuable insights into investing and speculation.
- Q: What are the dimensions of The Art of Speculation? A: The dimensions of The Art of Speculation are four point nine two inches in length, one point zero eight inches in width, and eight point one one inches in height. These measurements make it a convenient size for reading.
- Q: What type of binding does The Art of Speculation have? A: The Art of Speculation is available in paperback binding. This makes it lightweight and easy to handle while reading.
- Q: How should I read The Art of Speculation? A: You can read The Art of Speculation at your own pace, as it is suitable for both beginners and experienced investors. The book provides timeless insights into the world of investing.
- Q: Is The Art of Speculation suitable for beginners? A: Yes, The Art of Speculation is suitable for beginners. It offers foundational knowledge and insights into investing, making it accessible for those new to the field.
- Q: What topics are covered in The Art of Speculation? A: The Art of Speculation covers various topics related to investing, including value investing and the behaviors of the stock market. These subjects are timeless and relevant.
- Q: How do I take care of The Art of Speculation? A: To care for The Art of Speculation, store it in a cool, dry place and avoid exposure to direct sunlight. This will help preserve the book's quality over time.
- Q: Can I clean the pages of The Art of Speculation? A: No, it is not recommended to clean the pages of The Art of Speculation. Instead, handle the book with clean hands to prevent smudging.
- Q: What should I do if The Art of Speculation arrives damaged? A: If The Art of Speculation arrives damaged, you should contact the seller or retailer for a return or exchange. Most sellers have policies in place for such issues.
- Q: Are there any warranties for The Art of Speculation? A: No, there are typically no warranties for books like The Art of Speculation. However, check with your retailer for specific return policies.
- Q: How does The Art of Speculation compare to modern investing books? A: The Art of Speculation offers timeless insights that remain relevant, unlike many modern investing books that focus on current trends. It emphasizes foundational investment principles.
- Q: Is The Art of Speculation recommended for advanced investors? A: Yes, advanced investors can benefit from The Art of Speculation. It provides historical context and fundamental principles that can enhance their investment strategies.
- Q: What makes The Art of Speculation a classic? A: The Art of Speculation is considered a classic due to its enduring relevance and insightful writing by Philip Carret, a renowned figure in investing.
- Q: Can I use The Art of Speculation for academic purposes? A: Yes, The Art of Speculation can be used for academic purposes. Its insights into market behaviors and investment strategies are valuable for finance studies.
- Q: What is the author’s background for The Art of Speculation? A: The author, Philip Carret, is a Wall Street legend known for his expertise in value investing. His experience adds credibility to the book's content.