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Investment
Hardcover
Investing & FinancePersonal Finance
ISBN13: 9781025745602
Publisher: Tradd Street Press
Published: Feb 14 2026
Pages: 616
Weight: 2.28
Height: 1.31 Width: 6.14 Depth: 9.21
Language: English
Investment by Hastings Lyon is a definitive exploration of the fundamental principles and practical applications of financial management. Written during a transformative period in American finance, this work provides a thorough analysis of how capital is deployed across various security types, including stocks, bonds, and mortgages. Lyon meticulously distinguishes between investment and speculation, offering readers a disciplined framework for evaluating risk and return.
The text covers essential topics such as the legal nature of corporate securities, the mechanics of the investment market, and the analytical tools required for sound financial decision-making. Lyon's expertise as both a legal scholar and a finance professor shines through in his clear explanation of complex economic concepts. He emphasizes the importance of diversification and the careful study of financial statements, methods that remain foundational to modern portfolio theory.
As a significant contribution to early twentieth-century economic literature, Investment serves as both an educational resource and a historical record of the investment landscape prior to the Great Depression. It remains an invaluable reference for those seeking to understand the evolution of security analysis and the enduring logic of the financial markets.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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