Art of Speculation - Tapa blanda

Offering an accessible yet exhaustive roadmap to the markets, The Art of Speculation delineates the tenets of the speculative endeavor and basic value investing, a strategy oft forgot in the turbulence of today's confusing investment landscape. With thorough explanations of exactly what speculation is, its role in business, and its importance in the "financial machinery," Carret provides important details on speculation vehicles, price movement, bull markets, balance sheets, and income statements. He then relates the speculative endeavor to specific practices, showing how to successfully apply it to short selling, arbitrage, market forecasting, and stock analysis.