[Read free ebook] Why You Win or Lose: The Psychology of Speculation






#279021 in eBooks 2012-09-21 2012-08-24File Name: B00A421C92

1 of 1 people found the following review helpful. An enjoyable read with many lessons that transcend different erasBy MicroCapClubFred C. Kelly (1882-1959) was an ldquo;amateur psychologistrdquo;, writer, traveler, columnist, and even a special agent for the FBI. Kelly went on to be the official biographer of the Wright Brothers (1943). In addition, Kelly was a trader and active market participant in the late 1920rsquo;s.In 1930, Kelly wrote: Why You Win or Lose: The Psychology of Speculation.About the AuthorKelly, a friend of Orville Wright and authorized biographer of the Wright brothers, was also an FBI agent, a newspaper columnist, and author of over a dozen books.Disappointing investments are often written off as bad luck, but the author of this investment guide holds the keys to making your own luck. Written in a direct and affable style by an amateur psychologist and student of human nature, these adventures of an "outsider" recount a Wall Street success story and offer a valuable study of crowd reaction to market fluctuations. He outlines the benefits of "contrary thinking" and shows how this style of thinking outside the box can lead to success in i...


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