Book by G C Selden
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As author G.C. Selden says in his original preface, "This book is based upon the belief that the movements of prices on the exchanges are dependent to a very large degree on the mental attitude of the investing and trading public." Originally published in 1912.
"The Psychology of the Stock Market" by G. C. Selden, though written more than 100 years ago, is still dead on. Whether you are buying or selling, Selden explains how to remain emotionally neutral when making investment decisions. He also explains how financial markets are driven by deep-rooted emotions such as fear, greed, and panic, with particular attention to the role that investor psychology plays in the movement of the market and individual stocks. In this small but extremely helpful book, Selden explains how stock market investing is really 75% psychological and only 25% financial. In this fascinating guide about what really influences the way the financial markets behave, Selden also explains how human impulses lead to speculative disasters. "The Psychology of the Stock Market" is full of investment advice and unaffected wisdom which remains relevant in today's marketplace.
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