Dimensions
152 x 229 x 13mm
Originally published in 1979, The Penny Capitalist is now held in 236 libraries worldwide. Copies have been advertised on E-Bay for up to $900.
Why republish a 30-plus-year-old book? Markets fluctuate. Human nature hasn’t changed. The opportunities are still out there. Each generation has to learn it all over again. Markets go up and markets go down. When they go down, the average investor panics and sells out at the bottom. When they go up, the average investor waits to see if the rally is real. By the time they decide to buy, the market is topping out. The savvy investor does just the opposite. As Warren Buffett has said, “When people get fearful, I get greedy. When people get greedy, I get fearful.”