Financier. Theodore Dreiser
In my articles, I've often referenced books by the American author who instilled in me a love of stock trading.
Today, I'd like to share one of them: "The Financier," the first in the "Trilogy of Desires," a series of books about how money was made in the 19th century.
The book is based on the true story of an American millionaire who, from virtually nothing, built a fortune that would now be valued at several billion dollars.
It's a true story of a speculator, a tale of how the nineteenth-century stock market worked, and how leverage worked back then.
You'll also learn the value of insider information and how stock prices are shaped by external factors. You'll also learn how circumstances can have a profound impact, no matter how well-thought-out your plan.
The financier's story is a classic of world literature. Reading it helps you understand the world of finance, yet it's striking how little has changed in our world in 150 years. How persistent are the corruption schemes devised over a century ago.
The book is definitely worth reading to better understand the essence of the exchange and the principles on which it operates.
Download "Financier".
