[83L]⋙ [PDF] Free Wall Street Speculation Its Tricks and Its Tragedies Franklin C Keyes 9781161411324 Books

Wall Street Speculation Its Tricks and Its Tragedies Franklin C Keyes 9781161411324 Books

Download As PDF : Wall Street Speculation Its Tricks and Its Tragedies Franklin C Keyes 9781161411324 Books

This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.

Wall Street Speculation Its Tricks and Its Tragedies Franklin C Keyes 9781161411324 Books

THIS BOOK SHOWS YOU THE DANGERS OF SPECULATING IN THE STOCK MARKET. THOSE WHO BUY AND SELL SHARES ON MARGIN HAVE A 99 PERCENT PROBABILITY OF LOSING THEIR MONEY. FOR THE RETAIL INVESTOR FUTURES AND OPTIONS ARE POISON. THIS BOOK WAS WRITTEN MORE THEN HUNDRED YEARS AGO AND IS STILL RELEVANT TODAY. IF THE LAY INVESTOR SHOULD UNDERSTAND THAT THE FINANCIAL MARKETS ARE A RUTHLESS PLACE WHERE MOST RETAIL INVESTORS ARE PARTED FROM THEIR MONEY.

Product details Hardcover 78 pages Publisher Kessinger Publishing, LLC (May 23, 2010) Language English ISBN-10 1161411321

Tags : Wall Street Speculation: Its Tricks and Its Tragedies [Franklin C. Keyes] on Amazon.com. *FREE* shipping on qualifying offers. This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks,Franklin C. Keyes,Wall Street Speculation: Its Tricks and Its Tragedies,Kessinger Publishing, LLC,1161411321,Literary CollectionsGeneral,PHILOSOPHY General
People also read other books :

• The Magical World of the AngloSaxons eBook Tylluan Penry Drew Thomas
• ChickaBunga Gail Kamer Matt Real 9781532710247 Books
• Flor y Canto Tercera Edición Words and Music Various 9781579921583 Books
• Composite Airframe Structures Michael ChunYung Niu Michael Niu 9789627128069 Books

Wall Street Speculation Its Tricks and Its Tragedies Franklin C Keyes 9781161411324 Books Reviews

Almost completely worthless. This book was published in 1904 by someone with an almost pathological hatred of Wall Street. It is all opinion - no facts - and offers no solutions, only condemnation. An interesting side issue the author was a New York Lawyer - a piranha criticizing the dining habits of sharks?
Keyes's book is an excellent analysis of the Wall Street speculator dominance of Wall Street,be it in 1900 or 2010 .It is as relevant today as it was when it was first published over 100 years ago.Like Adam Smith and J M Keynes,Keyes points out that it matters tremendously who dominates on Wall Street-the Captains of Industry or the Captains of Finance (Keyes refers to the Captains of Industry when he means the Captains of Finance).Smith identified and described the Captains of Finance correctly in 1776 in The Wealth of Nations as projectors,prodigals and imprudent risk takers.J M Keynes identified them in 1936 in his General Theory as speculators and rentiers.
The important point made by Keyes is that the general public will always end up losing in the aggregate because they will always end up being the ones bailing out the speculators in one way or another,be it by direct government funded bailouts as in the 1980's,1990's,and 2000's or by the costs of deflation and inflation imposed on the general public in both the panic-crash -recession stage (deflation) or the bubble -mania stage (inflation).

I highly recommend this book for the general citizen who does not have the time or inclination to study the work of Adam Smith or J M Keynes.Of course,the general reader will not have a complete understanding of the technical manner in which speculation damages the macroeconomy over time.However,he will quickly be able to conclude that all American Presidents since Jimmy Carter have been dominated by Wall Street.One only need look at Obama's economic advisors to see this today.
THIS BOOK SHOWS YOU THE DANGERS OF SPECULATING IN THE STOCK MARKET. THOSE WHO BUY AND SELL SHARES ON MARGIN HAVE A 99 PERCENT PROBABILITY OF LOSING THEIR MONEY. FOR THE RETAIL INVESTOR FUTURES AND OPTIONS ARE POISON. THIS BOOK WAS WRITTEN MORE THEN HUNDRED YEARS AGO AND IS STILL RELEVANT TODAY. IF THE LAY INVESTOR SHOULD UNDERSTAND THAT THE FINANCIAL MARKETS ARE A RUTHLESS PLACE WHERE MOST RETAIL INVESTORS ARE PARTED FROM THEIR MONEY.