"Great fortunes which have been created by bankers, merchants, and investors are the result of ignoring these monthly fluctuations in commodity and security prices, and of striving to anticipate and profit by the major movements coming every few years. These major movements can be foretold if one will spend the necessary time and money in studying fundamental conditions. Therefore a fortune is within the grasp of every reader of this book who has and uses the necessary figures. " - From the Preface
Among entrepreneurs and businessmen alike, Roger Babson is considered one of the foremost authorities in the field of business forecasting, and his philosophy and statistical expertise continue to influence the investment community today.
A model of comparative statistical analysis, this classic text still holds remarkable value to beginning and experienced investors alike. It expertly encompass in an understandable and succinct manner an array of topics including: . Two Classes of Statistics, . Increase in Funds Invested According to Fundamental Trends, . Price Fluctuations and Purchasing Range and Commodity Market Since 1860, . The Law of Equal and Opposite Reaction, Theory of Babsonchart, . Wealth, New Building, Check Transactions, Failures, Labor Conditions . Banking, Foreign Trade and Exchange, Gold and Commodity Prices, . Effect of War on Business Conditions and much more.
ALSO AVAILABLE FROM COSIMO CLASSICS: Babson's Instincts and Emotions: Should They
Be Suppressed or Harnessed? and Business Fundamentals: How to Become a Successful Business Man.
American entrepreneur, statistician, and author ROGER WARD BABSON (1875-1967) founded Massachusetts' Babson College, in 1919, and the state's Gravity Research Foundation in 1948. A prolific writer who explored a wide variety of topics; his books include Fundamentals of Prosperity, The Future of the Churches, Religion and Business, and Gravity: Our Enemy No. 1.
