The Art Of Investment Classic Reprint

Excerpt from The Art of Investment The solid fortunes have been amassed through invest ment and not made by speculation. They have been built up by men who have developed character and will-power, who have created depth and breadth Of mind through concentration and experience, rather than by men of exceptional native brilliancy. The serious practice of investment is a sturdy and businesslike pursuit. It is, in fact, at the root of every business. As an art, it depends on no mystery or occult secret. It consists of learning facts that are within the common reach and Of applying principles capable Of being assimilated. The purpose of this book is to present an outline of principles; it is not a manual Of facts. The discussion, moreover, is confined to the principles governing the investment of personal funds, excluding the canons of institutional and trustee investment, which is concerned with the funds of others. Yet even as thus limited, the subject is vast and the outline presented is not intended as an exhaustive treatment but merely as a foundation for orderly reasoning and inquiry. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.