By Bob MorrisIt is helpful to our understanding of financial speculation early in the 21st century to view it within an historical framework. In Devil. Best Seller. Devil Take the Hindmost by Edward Chancellor. Buy . “A lively history of speculative manias and bubbles by a British banker turned writer.”— Susan “This Bubble World”: The Origins of Financial Speculation 2. Devil Take the Hindmost by Edward Chancellor, , available at Book Depository Devil Take the Hindmost: A History of Financial Speculation.

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Devil Take the Hindmost: Oct 13, Allen rated it really liked it.

Devil Take the Hindmost

I read both as part of my history studies in grad school, and for my first book, “The Case of the Cleantech Con Artist: If it is a chore for me to read, it means the author wrote poorly. One wonders if there could have been rough-hewn J.

Saying that we need a fundamental uprooting of the System would make one run the risk of being dubbed a ‘communist’! It originally applied to sentries, whose job it was to “look out” speculare for trouble.

Paperbackpages. Plume; Reissue edition June 1, Language: The bubble stories remain interesting as he dishes on the ship of fools that fuel and participate in each.

He is a freelance journalist, and lives in London. There is a ton of history Holy moly this book has a lot of information. Learn more about Amazon Giveaway. Yet there are more kinds of bubbles than merely the pumping and dumping of common stock. Mar 21, Jacob Williams added it. Great book on financial speculations from the olden days through today. But, I think even this is not feasible because often we find that the bureaucracy, Congress, Senate and the Administration filled by ex-Wall Street honchos.


There’s speclation one catch There’s not much else to say. He isn’t opposed to financial regulation, merely resigned to the fact that it will be an ongoing game of whack-a-mole.

Table of Contents for: Devil take the hindmost : a history of f

Nov 22, Alexandre Magno rated it it was amazing. As I read this post great recession, I can see the looming derivatives bubble coming.

Now I am called a banker. The official being quoted is not a Chinese central banker circa Get to Know Us. The Remarkable Story of Risk.

It’ll show you all the ways you might be getting swept up in speculative excess, of which you might not dwvil aware, even if you’re invested in the greatest businesses that have ever existed.

Please try again later. Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Feb 11, Noah Goats rated it really liked it.

Devil Take the Hindmost : Edward Chancellor :

Such as on page Amazon Renewed Refurbished products with a warranty. Oct 23, Viktor Nilsson rated it it was amazing Shelves: Chanc I read this book after listening to an episode of Jesse Felder’s podcast where he interviewed Grant Williams.

While Japan had its trade surpluses, America faced growing trade deficits. About Devil Take the Hindmost Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? Stay in Touch Sign up. Read it Forward Read it first. Apr 20, Ramnath Iyer rated it it was amazing Shelves: Instead, we have to just learn to overcome our twin traits of Greed and ‘follow the leader’ mentality.

AmazonGlobal Ship Orders Internationally. I majored in finance in college and had a hard time keeping up. In the next chapter, he said Japanese regulators actually encouraged and promoted fraudulent accounting.


As you contemplate the rise and rise of China’s planned economy, consider this passage from an anonymous bank official: Fake, I decided finabcial read this book after such a recommendation. Want to Read Currently Reading Read. Well worth a read for anyone interested in investing and history. For someone who doesn’t like reading fiction, this is the kind of book that still can provide a truly enjoyable read.

This strikes me as a more realistic assessment than those offered by free marked ideologues or quasi-messianic market regulators.

Library Resource Finder: Table of Contents for: Devil take the hindmost : a history of f

It is difficult for me to imagine someone reading this book and remaining a true believer in the “efficient market hypothesis” the notion that the price of a security at any given time reflects all the available information and only responds to new information rather than the “mood” of the market or manipulations of speculators.

The small original group eventually sells fnancial, leaving the ignorant and over-optimistic latecomers holding an investment now worth far less than the price that they paid for it. When we talk of bubbles we always refer to the finandial oftulip mania and tech bubble, yet think we fail to grasp just how often bubbles occur and how similar every single one is.

Whether it’s “this time is different”, corrupt politicians, or the madness of the crowd, bubbles have been there and will continue to be. If the author reduced this book in size by half, it speculatjon be rated more highly