Devil Take the Hindmost: A History of Financial Speculation. Edward Chancellor. Read March-April This is a history of speculatory bubbles over the past. Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? How has the. In “Devil Take the Hindmost: A History of Financial Speculation” by Edward Chancellor, Chancellor provides such a framework and more.

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With that being said, this is a financial speculation history book. Dec 27, Andy M rated it it was amazing Shelves: Edward Chancellor examines the nature of speculation–from medieval Europe to the Tulip mania of the s to today’s Internet stock craze.

Holy moly this book has a lot of information. A pompous fellow, who like to hear himself talk. There was a problem filtering reviews right now. Galbraith had written perceptively about it decades ago in his book on ‘Money’.

Here are brokers underwriting risks that included highway robbery and the “assurance of female chastity”; credit notes and lottery tickets circulating as money; wise and unwise investors from Alexander Pope and Benjamin Disraeli to Ivan Boesky and Hillary Rodham Clinton.

Edward Chancellor traces the origins of the speculative spirit back to ancient Rome and chronicles its revival in the modern world: Well written description of investment bubbles, and how people part company with reason as they embrace greed and dreams of wealth. Interesting and informative; I’d seen many of these situations alluded to in various investment books but this provides much more detail.


The bubble stories remain interesting as he dishes on the ship of fools that fuel and participate in each. I enjoyed this book.

We are a species of gamblers, and speculating in the stock market allows us to gamble while fooling ourselves into thinking that we are contributing something to the economy. Now I am called a banker. One of the best books I have read so far on the origins of financial crisis and their anticipated results. Ships from and sold by Amazon.

Devil Take the Hindmost by Edward Chancellor | : Books

This single location in New South Wales: Anyone who has read Kindleberger’s ‘Manias, Panics and Crashes’ would find very little new material here. Chancellor shows how we seem to be unable to stop or even recognize reckless speculation for what it is despite the clear pattern established by history: Withoutabox Submit to Film Festivals. Home All editions This editionEnglish, Book edition: The book does suffer dfvil being half-way between a popular and scholarly text, failing to quite be either; it’s as if Chancellor’s instinct was to write a more scholarly volume the index is admirablehinemost his editor pushed him away from that precipice.

Similarly, I found myself trying to get into what Chancellor was writing, only to find myself skimming as fast as Chanceplor could 20 seconds later. The stories could have been good if not written so poorly.

The Crash of and Its Aftermath 8.

Page 1 of 1 Start over Page 1 of 1. There are voluminous footnotes which distract the reader. We are experiencing technical difficulties.

I cannot help but wonder if anyone on Wall Street or in the banking business has ever hinxmost the book or even studied market bubbles. A contributing writer to The Financial Times and The Economistlooks at both the psychological and economic forces that drive people to “bet” their money in markets; how markets are made, unmade, and manipulated; and who wins when speculation runs rampant. Amazon Rapids Fun stories for kids on the go.


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Login to add to list. May 07, George Jankovic rated it it was amazing. It would be hard to find a book more intent on destroying a reader’s train of thought. Amazon Restaurants Food delivery from local restaurants.

Book Review: Devil Take the Hindmost: A History of Financial Speculation

I spent lunch with Chancellor when he was at GMO or Buy the selected items together This item: Chancellor closes with an admonition: Pages with related products. Oct 13, Allen rated it really liked it. Jun 01, Pages. I picked up this book because I’m interested in everything that concerns investing and speculation. There’s a problem loading this menu right now. Add a tag Cancel Be the first to add a tag for this edition. Still, people throw their money, or better yet, borrow someone else’s money to throw at every bubble that comes along.

Lessons Learned from the Market’s Perfect Storm. A True Vegas Tale. In fact, I’ve listened to multiple Grant William’s podcasts where he has described episodes from the book e.

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