Excerpt from Investment, Vol. 23
The subject of investment, regarded as a body of knowledge, is an assemblage of material derived from many different sources. One can recognize in it ideas taken from law, from accounting, from corporation finance, from mathematics, and from the general literature of industry and commerce.
The matters which appear to be in some degree exclusive to the subject are the study of security fluctuations and trade cycles, together with information as to the technique of trading. To deal exclusively with such subjects would mean writing a book upon speculation rather than upon investment. Altho investment and speculation cannot be kept entirely apart, it is precisely because investment rests upon the bases of organized knowledge above referred to, that it aspires to be scientific in method, while speculation is an art.
In presenting a general text upon investment, which aims to preserve some sort of balance and proportion between the various topics, an author must lay aside, or severely abbreviate, his special studies, and offer a book of general or introductory character. Of the utility of such books there can be no question. The daily losses of investors' capital bear sufficient testimony to that.
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Paperback. Condition: New. Print on Demand. This book delves into the intricate world of investment, offering a comprehensive guide for navigating the complexities of the securities market. Drawing upon diverse fields such as law, accounting, and corporation finance, the author provides a structured approach to understanding and evaluating investment opportunities. The book explores various investment avenues, including farm mortgages, urban real estate, and bonds of both domestic and foreign origin. It delves into the analysis of corporation reports, providing insights into assets, liabilities, and income accounts. The text guides readers through the intricacies of railway securities, public utility securities, and industrial securities, offering valuable insights into their unique characteristics and investment potential. Furthermore, this book delves into the cyclical nature of trade, examining market movements and economic indicators. It equips readers with the knowledge to interpret investment barometers and make informed decisions based on economic trends. The author also sheds light on the potential pitfalls of speculative ventures, offering guidance on identifying and avoiding fraudulent schemes. By emphasizing thoroughness, risk limitation, and informed decision-making, this book empowers readers to approach investment with confidence and prudence. The insights provided remain relevant for understanding the fundamental principles of investment and navigating the ever-evolving financial landscape. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330248942_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330248942
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330248942
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Condition: Sehr gut. Zustand: Sehr gut - Gepflegter, sauberer Zustand. | Seiten: 374 | Sprache: Englisch | Produktart: Bücher. Seller Inventory # 25666553/2
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