It is a peculiar feature of Wall Street speculation that the novice
never gets his courage worked up to buy stocks until the market is right
on the top, and he never concludes to sell until the market is clear on
the bottom. -from Wall Street Speculation Why small traders shouldn't
rely on brokers. Why you shouldn't trust the financial "news" in the
business press. How the market is manipulated into decline and panic by
savvy insiders. In a 1904 lecture, reproduced in this slim but
provocative volume, Franklin Keyes explained in simple language a nugget
of wisdom that should be commonsense: the general public cannot avoid
getting fleeced by the buccaneers of Wall Street. Keyes's words are
shocking but, in retrospect, obvious, and still highly pertinent today.
You'll never look at a stock-market report in the same way again.
FRANKLIN C. KEYES was a New York lawyer.