Roger Ibbotson, co-creator of the famous Stocks, Bonds, Bills, and Inflation data, marks its 100th year with a 398-page history of what stocks and bonds have actually returned over centuries and across countries, how compounding turns patient investing into large wealth, and why that wealth is hard to capture in practice. The free PDF is the full monograph.
G. C. Selden's 1912 book on investor psychology argues that prices move largely on what people think and feel. It explains crowd sentiment, why the public tends to buy near tops, and why a cool head and emotional discipline matter more than hope or excitement.
EPUB / Kindle / HTML · Public domain in the USA (check your country)
Investment banker George Garr Henry sets out plain principles for investing and explains the main kinds of securities available to ordinary investors in the early 1900s.
EPUB / Kindle / HTML · Public domain in the USA (check your country)