P The Psychology of Speculation Henry Howard Harper
Psychology PDF EPUB

The Psychology of Speculation

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Pages
61

About this book

The Psychology of Speculation is by Henry Howard Harper. The contents list topics including the human element in stock market transactions, the pernicious influence of the stock ticker, the disconcerting effect of sudden losses and gains, and retired business men in the stock market.

The contents also list Nobody Loves a Bear, Frenzied Speculation is the Rankest Form of Gambling, a Perilous Indulgence, and The Dangers of Inverted Pyramids. The text says that the sensation of being short in a rampant bull market has been pictured as similar to that of being chained by the heels to a rising balloon. The text says that a trader who is long of stocks knows to a certainty how much he can lose on any given number of shares. The text gives the reasoning that, if one gained by selling a stock short, although someone was apt to be the loser, one had no means of knowing who that someone was.

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Public domain book This work is in the public domain and free of copyright. Anyone may read, download and share it.

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Book facts

Reading time
About 80 minutes
Pages
61
Language
English
Formats
PDF, EPUB, Read online