Thomas Gibson – Pitfalls of Speculation (1906)
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.
From the Back Cover “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. –This text refers to an alternate Paperback edition.
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