April 13, 2019 posted by

By Bob MorrisIt is helpful to our understanding of financial speculation early in the 21st century to view it within an historical framework. In Devil. Best Seller. Devil Take the Hindmost by Edward Chancellor. Buy . “A lively history of speculative manias and bubbles by a British banker turned writer.”— Susan “This Bubble World”: The Origins of Financial Speculation 2. Devil Take the Hindmost by Edward Chancellor, , available at Book Depository Devil Take the Hindmost: A History of Financial Speculation.

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Want to Read Currently Reading Read. I read this book after listening to an episode of Jesse Felder’s podcast where he interviewed Grant Williams. Having first read “Devil Take” many years ago, but never having reviewed it, we were inspired by recent events in China to pull it down from the bookshelf z reexamine the chapter on Japan.

And the quaestors had much to seek. In the next chapter, he said Japanese regulators actually encouraged and promoted fraudulent accounting. The stories could have been good if not written so poorly.

As the scale of my operations increased, I was called a Speculator. One of the finest is Speculatikn Take the Hindmost. Still, people throw their money, or better yet, borrow someone else’s money to throw at every bubble that comes along. Entertaining and highly recommended if you like history and psychology. May 07, George Jankovic rated it it was amazing. Download our Spring Fiction Sampler Now.

Mar 19, Michele rated it it was amazing. The story repeats hishory history following the same pattern.

And, as in carnivals, binges of financial speculation demand a symbolic victim such as Mike Milken or Bernie Madoff. I thought, why didn’t his editor do this It is difficult for me to imagine someone reading this book and remaining a true believer in the “efficient market hypothesis” the notion that the price of a security at any given time reflects all the available information and only responds to new information rather than the “mood” of the market or manipulations of speculators.


Amazon Second Chance Pass it on, trade it in, give it a second life. The second part of the title itself might deter a lot of readers, but it’s only a general hint about the book’s contents. Chancellor seems to have assimilated just about everything one could on all the major speculative episodes, from ancient origins through the s. Not love and hate. As t In some sense, this book is more about the great human failings of Greed, ‘Follow the Leader’ mentality, Fear and Panic – all told through examples from the history of the stock market.

A contributing writer to The Financial Times and The Economistlooks at both the psychological and economic forces that drive people to “bet” their money in markets; how markets are made, unmade, and manipulated; and who wins when speculation runs rampant. I majored in finance in college and had a hard time keeping up. From Bretton Woods to Michael Milken 9. What makes this book so good is the wa I picked up this book because I’m interested in everything that concerns investing and speculation.

To read it as a book on Speculation alone would be missing the point to some extent. There’s just one catch I didn’t hate it–it’s fine as a history book, I just didn’t find it especially compelling hence why it took me 3 months to finish.

A True Vegas Tale.


Devil Take the Hindmost: A History of Financial Speculation by Edward Chancellor

We are experiencing technical difficulties. Three main lessons for me: Nov 22, Alexandre Magno rated it it was amazing. The author links the madness of financial speculation to Bakhtin’s notion of the carnivalesque, pointing out that in the middle ages, it was during fairs and carnivals that laws barring financial speculation were suspended.

I read both as part of my history studies hinxmost grad school, and for my first book, “The Case of the Cleantech Con Artist: Showing of reviews.

Devil Take the Hindmost

Human nature was certainly the same. Well worth a read for anyone interested in investing and history.

There is a ton of history Holy moly this book has a lot of information. Oct 13, Allen rated it really liked it. Jun 01, Pages Buy.

That is not the case. Absolutely the single best history of financial speculation. A scheming small group of investors starts a bubble, and later less knowledgable investors are lured in after them. In fact, I’ve listened to multiple Grant William’s podcasts where he has described episodes from the book e.

Jul 04, Ryan hiatory it it was amazing.

No trivia or quizzes yet. As Petronius Arbiter wrote of the Rebublic’s final years, ” Each chapter covers a particular period of financial speculation ending in a big bust, from Tulipomania in 17th Century Holland, to the stock market excesses of Wall Street and Japan in the ‘s.