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:: Appendix

Collection:: Economics Books

APPENDIX. POPULAR FINANCIAL BOOKLET XXI. (The subjoined Article was written for the issue of the Financial Review of Reviews of April, 1907). WORLD'TRADE AND THE GEOGRAPHICAL DISTRIBUTION OF CAPITAL. Geographical Distribution of Capital has been put forward by the author of “Investment, an Exact Science,” as the only known means for ensuring capital safety and stability. The principle of Geographical Distribution of Capital is based upon the fact that whilst the trade of any one country is subject to trade cycles, the trade of the world is immune from such trade cycles : and that, therefore, whilst the invest ments of any one particular country suffer from bad trade in that country, the investment trade over the surface of the world cannot on average so suffer. In this article Mr. John Holt Schooling, F.S.S., author of the “British Trade Year Book,” etc., makes an independent investigation of this subject. His analysis is, of course, authoritative, and his results confirm the accuracy of the argument put forth in “Investment, an Exact Science.” The subject of capital safety and stability is one of such vast importance that Mr. Schooling’s article should be read by all investors who have not yet adopted the system of Geographical Distribution of Capital, and have therefore, so far, failed to achieve capital safety and stability. The idea of the Geographical Distribution of Capital is based upon the main principle that safe and profitable investment of capital, as distinct from speculative finance, depends upon the sagacious distribution of the investment of capital in different parts of the world. It has already been ably shown that the investment of capital in various securities of one country exposes the capital invested to considerable and unsuspected speculative risk. That speculative risk arises because the state of trade in this or in that country is the predominant factor that

Access restriction

Copyright

fullscreen: Investment, an exact science

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation