The Art of Speculation.

CARRET, Philip L.

$7,500.00

Item Number: 18027

New York: Barron's, 1927.

First edition of the Wall Street legend’s classic work. Octavo, original cloth. Signed by Philip Carret on the title page. Fine in the rare original dust jacket with a few small chips. Housed in a custom half morocco clamshell box.

The Art of Speculation presents a complete review of the tools of the speculator and offers a full education on a variety of securities — especially bonds, stocks, and derivatives. Philip L. Carret was a Wall Street legend and pioneer of one of the first mutual funds. Warren Buffett said of Carret that he had "the best long term investment record of anyone I know." "The Art of Speculation is laden with insights and studies that are as fresh today as newly cut grass . . . a joy to read. The topics covered were timeless in 1931 . . . and written in 24-carat prose" (Victor Niederhoffer).