The Classic Study on Investment and Human Nature

Memoirs of Extraordinary Popular Delusions.

London: Richard Bentley, New Burlington Street, 1841.

Price: $16,000.00


About the item

First edition. Frontispiece portraits in each volume; (vi), 400; (vi), 406; (vi), 404 pp.; half-titles in second and third volumes; each volume lacking ads at rear. 3 vols. 8vo. Three-quarter polished tan calf over marbled paper-covered board by Worsfold, stamped in blind and in gilt, red morocco spine labels, t.e.g., other edges untrimmed, bindings with slightest rubbing around the edges, with ink mark to calf on rear panel of third volume; text blocks with light even toning but. Dennistoun & Goodman 58; Kress C.5560; Zerden, pp. 77–8; not in Goldsmiths’ or Mattioli.

Item #365025

First edition of this perennial favorite, on a wide variety of frauds and follies including alchemy, the South Sea bubble, the Mississippi scheme, and Tulipomania.

The Financial Times rated it as the second among the top ten greatest books on investment ever published, and since it was first published in 1841, has seldom been out of print. Bernard Baruch wrote a new preface to the 1932 edition, stating that he was saved by it in 1929, getting him out shortly before the market crashed.