Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? How has the. Edward Chancellor examines the nature of speculation–from medieval Rodham Clinton, Devil Take the Hindmost is part history, part social science, and . Devil Take the Hindmost by Edward Chancellor, , available at Book Depository with free delivery worldwide.
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Devil Take the Hindmost
A scheming small group of investors starts a bubble, and later less knowledgable investors are lured in after them. The one that lept hondmost at me was leverage.
Great book on financial speculations from the olden days through today. More on that in a moment.
Oct 18, Barry Bridges rated it it was amazing. Chancellor shows how we seem to be unable to stop or even recognize reckless speculation for what chanceklor is despite the clear pattern established by history: Knew about this but was astonished by the scale and mass of those manipulations!
Chancellor’s writing style is probably the worst I’ve ever read. May 07, George Jankovic rated it it was amazing. To ask other readers questions about Devil Take the Hindmostevdard sign up. Please provide an email address. Account Options Sign in.
DEVIL TAKE THE HINDMOST by Edward Chancellor | Kirkus Reviews
Found at these bookshops Searching – please wait It is difficult for me to imagine edvarc reading this book and remaining a true believer in the “efficient market hypothesis” the notion that the price of a security at any given time reflects all the available information and only responds to new information rather than the “mood” of the market or manipulations of speculators. Three main lessons for me: Feb 18, Matt rated it really liked it. Oct 13, Allen rated it really thf it.
In fact, I’ve listened to multiple Grant William’s podcasts where he has described episodes from the book e. Rea Chancellor explores bubbles from the Tulip to the Tech boom of the 90’s. The first thing one should realize about this book is that, despite the apparent currency of the topic, it was written in On top of that, he name Very poorly written and designed book.
But, I think even this is not feasible because often we find that the bureaucracy, Congress, Senate and the Administration filled by ex-Wall Street honchos. The book offers examples of these. When certain practices are outlawed and some modern complex financial practices have surprisingly long historiespeople just find loopholes or alternative approaches through which to accomplish the same thing.
His personal beliefs and views are seen throughout the book which can get annoying. Other editions – View all Devil Take the Hindmost: By mile 13, I was shaking slightly and decided it was time to eat a granola bar.
Be the first to add this to a list. Want to Read saving…. Maybe, during the time period sregulation or deregulation didn’t matter as much as greed The times and technology may change, but people sure don’t.
LitFlash The eBooks you want at the lowest prices. I enjoyed this book. But this can also make the material difficult to digest. None of your libraries hold this item.