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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In the final chapter, Carret distills the essence of his wisdom into 10 Commandments for Speculators. Looking for beautiful books? Anil Tulsiram rated it liked it Feb 18, His Twelve Commandments for Speculators is good advice for us all. By using our website you agree to our use of cookies. Product details Format Paperback pages Dimensions x x 20mm Profits in Financial Surgery.


Published April 3rd by Wiley first published January 1st Description “The Art of Speculation is laden with insights and studies that are as fresh today as newly cut grass. The Art of Speculation. Paperbackpages. Natural good judgment is not enough. The Lifeblood of Speculation.

We use cookies to give you the best possible experience. Offering an accessible yet exhaustive roadmap speculatiln 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.

Sk rated it it was amazing Dec 20, Goodreads is the world’s largest site for readers with over 50 million reviews.

The Art of Speculation

Description “Speculation is no simple business. Philip O’Shea rated it really liked it Nov 07, Description Reprint of Edition.

Omkar Wagh rated it liked it Sep 17, These are a series of articles written for Barron’s and published in carfet form in Not one detail is overlooked. Bruce Bowman rated it it was amazing Sep 13, Forecasting the Major Swings.

Rails and Utilities-Victims or Beneficiaries of Regulation? Just a moment while we sign you in to your Goodreads account. In fact, speculation is inseparable from investment. speculatjon


The Vehicles of Speculation. James Goldstein rated it liked it Jan 28, Graham and you could argue that the contents of the two books are rather similar. The loss carrst is due to the unknown factor in one case will be counterbalanced by an unexpectedly large profit in another.

The Art of Speculation –

The investor must assume some degree of speculative risk; the intelligent investor will seek a certain measure of speculative profit. 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, speculaton brokers, and hedge funds.

The Art of Speculation.