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CHAPTER XXI.. Causes of Loss in Speculation.

Fifty Years in Wall Street · Henry Clews — chapter 21 of 151 · ~35 words · public domain

CAUSES OF LOSS IN SPECULATION.

Inadequate Information.—False Information.—Defects of 201 News Agencies.—Insufficiency of Margins.—Dangers of Personal Idiosyncrasies.—Operating in Season and out of Season.—Necessity of Intelligence, Judgment and Nerve.—An Ideal Standard.—What Makes a King Among Speculators?

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