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Devil Take The Hindmost: A History Of Financial Speculation

2 Ratings: 5.0
A book by Edward Chancellor

"The longest bull market in history" is a term that gets used a lot these days. Since 1990, the Dow Jones Industrial Average has risen some 8,000 points, from around 2,700 in January 1990 to nearly 11,000 today--a boom by anyone's standards, including … see full wiki

Tags: Books, Cafe Libri
Author: Edward Chancellor
Publisher: Farrar, Straus and Giroux
2 reviews about Devil Take The Hindmost: A History Of Financial...
review by . October 05, 2010
A wizened wag at an investment firm once warned me to start looking for the sell tickets as soon as I heard the words "This Time is Different." In my short experience as an investor, it was some of the most sage advice I have received. Edward Chancellor book arrives at the same conclusion but provides more foundation to recognize the bubbles of speculation. Investment bubbles never change. Yet, for the investor or trader caught up in one, they remain difficult to identify. According …
review by . January 15, 2000
It is helpful to our understanding of financial speculation early in the 21st century to view it within an historical framework. Chancellor provides such a framework and more...much more. In the the initial chapter ("The Bubble World"), he explains the origins of financial speculation and then shifts his attention to a series of famous (sometimes infamous) situations throughout three centuries. As Chancellor explains, "I concentrate on occurrences of speculation in the leading economic powers of …
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Devil Take The Hindmost: A History Of Financial
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