The Common Sense of Money and Investments

In a world where ridiculously hyped tomes promising instant financial euphoria for ordinary citizens now vie with counsel on health and sex in every bookstore, old-fashioned common sense still takes the prize. Most of the would-be gurus, not to mention their customers, would have been better off to read this one first. -From the Foreword by Louis Rukeyser Books of investment advice have been around forever, or at least for as long as the general public has been playing the markets-which, to most people's minds, is practically forever. So it will come as a surprise to many encountering The Common Sense of Money and Investments for the first time that this classic, published in 1924, was one of the first of its kind. Perhaps even more surprising is how remarkably well it has stood the test of time. There have been monumental changes in the financial markets over the past seven decades, yet the essentials remain the same: people are still people, with all their foibles, and capital still obeys its ineluctable principles. And you will find as you read through this book that its common sense advice on everything from investor psychology to picking stocks rings as true today as it did three-quarters of a century ago.