|PDF Title||:||Uncommon Sense|
|Total Page||:||381 Pages|
|PDF Size||:||2.01 MB|
|PDF Link||:||Read and Download|
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“Dow was intent on understanding how the stock market works, what forces make it move and how investors can best interact with it. Many of his ideas were revolutionary for the time — some so insightful they form the bedrock of contemporary investment philosophy.
Dow died in 1902 at just 51. It was the editorials he wrote in the years immediately preceding his death that form the basis of Dow theory. (Interestingly, Dow didn’t propose Dow theory, and didn’t even coin the term; it was developed by others following his death.)
Dow theory is a mix of Dow’s ideas, interpretations by others of his ideas, and a number of concepts Dow himself never articulated. It was shaped, developed and successively added to over a period of decades by William Hamilton, Robert Rhea and George Schaefer.”
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