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"History appears to be repeating itself," Thomas Gibson wrote in 1906 in THE PITFALLS OF SPECULATION. In his review of thousands of financial records over a 10-year period, he observed that a majority of investment accounts ultimately showed a final loss - and that there was a trend toward buying high and selling low.
This practical manual features topics ranging from the dangers of ignorance and over-speculation to market manipulation and short selling - including Gibson's relevant suggestions on not only deciding what to buy, but when to buy as well.
THE PITFALLS OF SPECULATION is a stock market classic offering a wealth of knowledge and intelligent methods for investment success.
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