Psychology Of The Stock Market by G.C. Selden (Hardcover)

A groundbreaking study of Investment psychology. A Groundbreaking study of investment psychology. When this book was originally published in 1912, Selden’s idea that “movements of prices on the exchanges are dependent to a very considerable degree on the mental attitude of the investing and trading public” was still a novel notion. It is now an established fact. Though published in 1912, Selden’s book could have been written yesterday and still applies to markets such for stocks or cryptocurrencies (Bitcoin). This makes complete sense, as the main topic – human psychology – has not changed at all in the past century. Table of Contents: The Speculative Cycle, Inverted Reasoning and Its Consequences, “They”, Confusing the Present with the Future – Discounting, Confusing the Personal with the General, The Panic and the Boom, The Psychology of Scale Orders & The Mental Attitude of the Individual.