About the book
Written for stock market investors, G. C. Selden's short guide looks at the psychology behind buying and selling. Selden urges a clear, balanced mind that does not act in haste on sensational news, and he warns against positions so large they cause anxiety. Investors, he says, should rely either wholly on their own judgment or wholly on someone else's, and when in doubt should stay out, since delay costs less than loss. He advises following the trend of sentiment even when it runs for a time against fundamentals, and he names the most common fault of traders: buying into optimism when prices are high and turning bearish once they are low.
David Sisk, founder of David Sisk Fitness, recommends it to anyone interested in the markets, noting that the greed and fear it describes have not changed.
We hope you love the books people recommend! Just so you know, The CEO Library may collect a share of sales or other compensation from the links on this page.
This book has 1 recommendation
David Sisk (Founder/David Sisk Fitness)
For those interested in the stock markets ~G.C Selden's 1912 (yes 1912!!) The Psychology of the Stock Market. Human emotions and thought processes remain the same. Greed and fear. Even though my business is in fitness and wellness most of the books are pretty awful and I haven't been influenced by individuals in this sphere. i keep hearing younger trainers talking about bodybuilders and their online presence, videos, etc but that doesn't interest me. No I haven't watched Pumping Iron. There are some very good marketers to be sure such as Pat Rigsby and Ryan Lee who I have bought material from but no book per se has influenced this career.
Get this book on Amazon | Barnes & Noble | Apple Books