Investment, an exact science

Bibliographic data

Monograph

Identifikator:: 865521182

URN:: urn:nbn:de:zbw-retromon-48767

Document type:: Monograph

Author:: Lowenfeld, Henry

Title:: Investment, an exact science

Place of publication:: London

Publisher:: The Financial Review of Reviews

Year of publication:: 1906

Scope:: 1 Online-Ressource (X, 160 Seiten)

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter VI - The treatment of existing investment lists

Collection:: Economics Books

101 Manage Capital a detailed description of the way in which this can best be carried out, and will, therefore, here state briefly that the investor .should commence this task by first of all ascertaining his real investment position. There is nothing which will make this easier for him than a tabular statement showing, firstly, how liis own investments are split up over the ten main Geographical Divisions which we have explained in the last chapter, and, secondly, in what proportion his capital is divided among the various securities held. We have demonstrated in the previous chapters that a proper distribution of risks is the only way in which successful investment can be arrived at. This distribution of risks entirely depends upon the number of different Trade Influences which are represented in a list of investments. We have also demonstrated that capital, to be safe, must be equally divided amongst a number of stocks of similar quality. It is only by means of such a tabular statement that the true existing investment position can be revealed. In this way alone can it be shown how many separate trade influences are covered by existing investments, how much capital is placed in each one of them, and how far an equal division of capital among all stocks held has been effected.

Access restriction

Copyright

fullscreen: Investment, an exact science

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation