WYCKOFF (Richard D.)

Wall Street Ventures and Adventures Through Forty Years.

First edition, first printing with code ‘A-E’. 8vo. xiv, [2], 313, [1] pp., facsimile signature to title page, thirty-five black and white photographic plates and one folding facsimile of the financial section from the Evening Sun newspaper. Original purple ribbed cloth, spine and front cover lettered and ruled in git (contents generally clean and unmarked; some light wear to extremities, spine heavily faded, a good copy only). New York and London, Harper and Brothers Publishers, 1930.

£500.00

The autobiography of the American investor Richard Wyckoff (1873-1934), best-known for innovating the ‘Wyckoff Method’ of technical analysis - with the printed compliments slip of the author pasted to front free endpaper.

Wyckoff’s autobiography stands as a ‘who’s who’ of Wall Street and its great characters - J. P. Morgan, John Raskob, Jesse Livermore - and includes ‘such stories as that of ‘Bet-A-Million’ Gates, the director of the American Steel & Wire Company. When in 1901 he closed the company, the assumption was made that the business had been failing. Gates answered, ‘No, we’re short the stock,’ resulting in a rapid break in price from the 60s to the mid-30s. He not only covered his shorts but took significant profits, before going long again when the mills reopened’ (Dennistoun).

Dennistoun, Bubbles, Booms and Busts, 630.

Stock No.
254693