Stock Market Theory and Practice.

SCHABACKER, Richard Wallace.

$750.00

Item Number: 88994

New York: B.C. Forbes, 1930.

First edition, second printing of the first of Schabacker’s three major works on the stock market. Octavo, original cloth. Near fine in the original dust jacket with some rubbing and wear.

Stock Market Theory and Practice is a comprehensive survey of current mechanism, practice, and theory, by the financial editor of Forbes Magazine’ (Larson). Schabacker, the youngest financial editor of Forbes magazine, published three major works on the stock market – considered ‘among the most influential ever written on the technical side of the market’ by Schultz and Coslow – in his short life. This book, his first, purposes to offer a complete background of basic knowledge with which to pursue market activities. Schabacker says, ‘so long as he plays courageously fair with his sincere study there seems no reason why the average student should not reap the rewards of successful stock market operation’. The book also lays the foundations for technical analysis, a science which Schabacker helped develop to a fuller extent in the more famed Technical Analysis and Stock Market Profits: A Course in Forecasting (1932).