Overview
Peter Bernstein's Economist on Wall Street is acollection of writings from 1955 to 1970. The book is especiallyinteresting because so many of Bernstein's observations reflect themost important issues of the present—the outlook forinflation and its control, the intricacies of monetary policy, thefuture of the dollar, and the dilemmas of household finances.Bernstein was also concerned with developments in portfoliomanagement, including the new influence of institutional investorsand rules for optimal asset mixes. He provides light touches, too,as he indulges in fantasies and philosophical musings over a widevariety of topics.
With so many years of hindsight, we should not be surprised tofind some of Bernstein's predictions running awry. But why? In eachinstance, these forecasts were biased by memories of the past.There is a big lesson to be learned there.
Economist on Wall Street is a remarkable book, with lastingrelevance and keen insights into the art of investment management,the capital markets, gold and the dollar, and the fun of beingalive.
This book title, Economist on Wall Street (Peter L. Bernstein's Finance Classics) (Notes on the Sanctity of Gold, the Value of Money, the Security of Investments, and Other Delusions), ISBN: 9780470287590, by Peter L. Bernstein, Arthur Levitt, Jr., published by Wiley (September 2, 2008) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.
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