Articles liés à My Adventures With Your Money (Classic Reprint)

My Adventures With Your Money (Classic Reprint) - Couverture souple

George Graham Rice

 
9781330486344: My Adventures With Your Money (Classic Reprint)

Synopsis

Turn-of-the-century market manipulation exposed in frank, insider detail. This nonfiction account pulls back the curtain on mining booms, Wall Street schemes, and the people who shaped them. It offers a clear view of how promotions and media hype swayed investors, with lessons that still resonate.

The book lays out a surprising history of how fortunes were made and lost around Goldfield, Nipissing, and other mining plays. It blends firsthand experience with sharp analysis to show how big promoters and insiders influenced market moves, and how ordinary investors were also drawn into the risk. Readers gain context for the rise and fall of market fads, and the costs paid by those who trusted the hype.

- Learn how promotions, publicity, and inside knowing shaped stock moves
- See real-world examples of market manipulation and its consequences
- Understand the roles of famous players and the mechanics of mining stocks
- Get a historical perspective on investor risk and regulatory limits

Ideal for readers of financial history, investors seeking cautionary tales, and anyone curious about how big money and big promises collide in the markets.

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Présentation de l'éditeur

Excerpt from My Adventures With Your Money

You are a member of a race of gamblers. The instinct to speculate dominates you. You feel that you simply must take a chance. You can't win, yet you are going to speculate and to continue to speculate - and to lose. Lotteries, faro, roulette, and horserace betting being illegal, you play the stock game. In the stock game the cards (quotations or market fluctuations) are shuffled and riffled and STACKED behind your back, AFTER the dealer (the manipulator) knows on what side you have placed your bet, and you haven't got a chance. When you and your brother gamblers are long of stocks in thinly margined accounts with brokers, the market is manipulated down, and when you are short of them, the prices are manipulated up.

You are on guard against the Get-rich-Quick man, and you flatter yourself that you can detect his wiles at a glance. You can - one kind of Get-Rich-Quick operator. But not the dangerous kind. Modern Get-Rich-Quick Finance is insidious and unfrenzied. It is practised by the highest, and you are probably one of its easy victims.

One class of Get-Rich-Quick operator uses crude methods, has little standing in the community, operates with comparatively small capital, and caters to those who do not think and have only small resources. He is not particularly dangerous.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

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