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

108 fortunes disappear through a bad distribution of risks. As long as matters prosper all is serene, but the first financial disaster makes a breach in the stronghold ; the endeavours to repair the breach lead to dabbling in more speculative investments, and these again are followed by speculation pure and simple, with the final result of a complete catastrophe. It is too late to lock the stable door after the steed has been stolen ; it is much wiser to see to the lock whilst the animal is still on the premises. Therefore every holder of a ques tionably distributed list should at least consider his position in its true light. After all, this can be done without much trouble or expense, and it is no great matter, even if ultimately no change is made. It will clear the air at all events, and serve to illuminate the investor’s real position. An exact knowledge of his true position is the first essential of a business-like investor. Sometimes the reconstruction of an Invest ment List is delayed on account of the expense which it involves. This objection rests on a most shallow foundation, for in most cases reconstructions can be so carried out that while the new list offers greater capital safety and a safer and larger future annual income than the

Access restriction

Copyright

fullscreen: Investment, an exact science

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation