John Moody 
Art of Wall Street Investing [PDF ebook] 

Whilst the greatest effort has been made to ensure the quality of this text, due to the historical nature of this content, in some rare cases there may be minor issues with legibility. Lthough the popular impression is probably the reverse, it is certainly a fact that a greater sum of money is annually lost in this country through unwise investment in Wall Street, than through pure speculation. While fortunes are daily jeopardized and dissi pated through speculation in stocks, bonds, grain-futures and like ventures, yet the many sums, large and small, which annually leave the pockets of actual investors are far greater in amount. Indeed, I would almost say that the losses incurred through unwise Wall Street investing are easily tenfold the losses occasioned through mere speculation on the exchanges.