"After the stock market crash of November, 1929: A supplementary chapter to The Psychology of Speculation" by Henry Howard Harper is a sharp look at the financial world of the early 20th century, written as a follow-up to an earlier work on investment psychology. The book digs into the reckless speculation surrounding the 1929 stock market crash, exploring the faulty mindset that fueled the rush to invest. Harper portrays a society caught up in the dream of easy money, where ordinary people ignored the perils of high-risk trading and piled into the stock market, hungry for quick wealth. His writing highlights the dangers of excessive borrowing and the ways investors tricked themselves into believing the good times would never end, even as disaster loomed, ending in widespread financial devastation. Harper stresses the need for investors to be mindful of their own biases and the market's historical context, understanding that the temptation for quick profit could blind them to risk. He argues, in essence, that the lessons people learn from crashes are often short-lived, doomed to be repeated as the desire for speculation rises again.

After the stock market crash of November, 1929 : $b A supplementary chapter to the psychology of speculation issued in 1926
By Henry Howard Harper
A society blinded by the promise of easy riches heads for disaster as a speculative fever grips the stock market, leading to unforeseen collapse and widespread financial ruin.
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2024-05-18
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Information on this author is scarce, but their work continues to inspire readers.
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