Common Stocks as Long Term Investments
Originally published in 1924, Common Stocks as Long-Term Investments was the first book to promote the idea that stocks surpass bonds in long-term investments. The work, which was highly reviewed and praised, was a key component in the stock market boom of the 1920s. Author and banker Edgar Lawrence Smith was startled to discover, when writing a pamphlet touting the advantages of bonds, that stocks were a better form of long-term investment, yielding a higher return. The New York Times claimed that the book laid down a principle which so reverses the accepted estimate of the relative investment value of bonds and common stocks as to have arou…
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Produktdetails
- ISBN: 978-1-61640-744-5
- EAN: 9781616407445
- Produktnummer: 39334586
- Verlag: Cosimo Classics
- Sprache: Englisch
- Erscheinungsjahr: 2012
- Seitenangabe: 138 S.
- Masse: H21.6 cm x B13.9 cm x D1.7 cm 174 g
- Gewicht: 174
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