Wall Street Economist: An account of the sacred nature of gold, currency values, investment security, and other delusions

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Peter Bernstein is one of the most important financial writers of his generation. He has the unique ability to integrate theoretical history and economics as well as investment management theory and practice. Now, through classic names such as financial celebrity foreword and author's new introduction, such as "Wall Street Economist, Money, Banking, and Gold Primer and Prosperity Prices," you can enjoy some of this in Bernstein's early Wall Street era. the best.

Peter Bernstein's "Wall Street Economist" is a series of works from 1955 to 1970. This book is particularly interesting, because many of Bernstein's observations reflect the most important current - inflation and its control prospects, the complexity of monetary policy, the future of the dollar and family financial distress. Bernstein is also concerned about the development of portfolio management, including the new influence of institutional investors and the rules of the optimal portfolio. He also provided some easy aspects because he was addicted to fantasy and philosophical thinking on various topics.

After many years of hindsight, we should not be surprised to find that Bernstein's predictions are wrong. but why? In each case, these predictions are biased by past memories.

The Wall Street economist is an extraordinary work with a lasting relevance and keen insight into investment management, capital markets, gold and dollars, and the joy of living.

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