In The Art of Speculation, Philip Carret helps investors deal with the unknown. Here are some lessons from the book. The Art of Speculation presents a complete review of the tools of the Philip L. Carret was a Wall Street legend and pioneer of one of the first mutual funds. Offering an accessible yet exhaustive roadmap to the markets, The Art of Speculation delineates the tenets of the speculative endeavor and basic value.
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Dan rated it liked it Jul 23, The speculator himself must supply all three. Beginning investors will find The Art of Speculation specu,ation 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.
Prime Air is a future delivery system from Amazon designed to safely get packages to customers in 30 minutes or less using small unmanned aerial vehicles, also called drones. Sk rated it it was amazing Dec 20, Timeless principles from a classic, one of the most underrated investors.
As a foundation upon which to build, Carret presents his “Twelve Commandments for Speculators, ” a set of rules which, as he points out, “must be followed intelligently if success is to be attained.
The good news then is that this book is a much easier read, and also I think it makes some very good observations in the end. Gurpreet Narang rated it liked it Oct 20, Exact facsimile of the original edition, not reproduced with Optical Recognition Software.
In fact, speculation is inseparable from investment. Product details Format Paperback pages Dimensions x x 20mm Brijesh Thakkar rated it liked it Nov 02, We’re featuring millions of their reader ratings on our book pages to help you find your new favourite book.
The Art of Speculation –
Natural good judgment is not enough. Lindel rated it liked it May 18, Want to Read saving….
Carret wrote the “Art of Speculation” that was published in ; through it, I learned there is an art to speculation that one of the greatest investors of all time used to his advantage to amass incredible returns over the course of his career. Carret, a Wall Street legend and founder of one of the first mutual funds, was one varret the greatest minds tackling the intricacies of business, finance, and speculation.
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The Art of Speculation : Philip L Carret :
Dispatched from the UK in 3 business days When will my order arrive? The Specklation of Speculation. In the current frothy stock market environment it is helpful to read his insights into the Great Crash of to see if there are useful parallels.
Every year, every business cycle and every decade has its hero. Jun 07, Aharon rated it really liked it. To ask other readers questions about The Art of Speculationplease sign up. Book ratings by Goodreads. With clarity and precision, he presents the history of the profession, the relationship between speculation and business, and the fundamentals-bonds, securities, derivatives, and cardet, as well as the sleculation complex areas of analysis, margins, and arbitrage.
Offering an accessible yet exhaustive roadmap to the markets, The Art of Speculation delineates the tenets of the speculative endeavor and basic value investing, a strategy oft forgot in the turbulence of today’s confusing investment landscape. The Best Books of The Art of Speculation by Philip L. Check out the top books of the year on our page Best Books of Carret lived from toand, according to Warren Buffett TradesPortfoliohe had “the best long-term investment record of anyone I know.
This will drastically reduce costs of shipping, while creating increased revenues and profits for the company once Prime Air is successfully implemented. A 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. The Art of Speculation.
Indeed, speculation requires broader knowledge, closer attention, sounder judgment than the average business. Warren Buffett said of him that he had “the best long term investment record of anyone I know”.
Bruce Bowman rated it it was amazing Sep 13, Refresh and try again. If you type in www. Check out the top books of the year on our page Best Books of Trivia About The Art of Specul Philip Carret — cannot be accused of being a one hit wonder.
Brent rated it really liked it Jan 15, Oliver rated it really liked it Dec 23, I would highly recommend this book by one of the greatest investors of all time. Successful speculation requires capital, courage and judgment.
The Art of Speculation
Would you like to change to the site? I agree with his statement and hope that many more read this wonderful book. These and his comments have travelled well since they were written. Be the first to ask a question about The Art of Speculation. The initial effort carrft into Pioneer Investments. James Goldstein rated it liked it Jan 28,