The Art of Speculation.

CARRET, Philip L.

$6,500.00

Item Number: 141467

New York: Barron's, 1927.

First edition of the Wall Street legend’s classic work. Octavo, original cloth. Boldly signed by Philip Carret on the title page. Fine in the rare original dust jacket with some repair and tape. Housed in a custom half morocco clamshell box made by the Harcourt Bindery.

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).