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Article
May 9, 1925

The Common Sense of Money and Investments.

JAMA. 1925;84(19):1447. doi:10.1001/jama.1925.02660450055039

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Abstract

The author of this volume was formerly financial and business editor of the New York Tribune, in which many of the sketches included in this volume first appeared. The book is written in a simple style and contains much common sense advice that would undoubtedly yield practical returns if followed. However, there seems to be innate in some men certain faculties for shrewd investment, and in others what seems to be an almost fatalistic trend toward investments that are full of folly. It is nice to read that one should save if he would be rich, and that no investment yielding more than a certain percentage is safe; but, in the golden haze of plausible promises, all good resolutions fail. One of the chapters of this book, entitled "Investment Porgrams for Rich and Poor," includes a special section for physicians and dentists. The doctor is told to beware of so-called

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