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"Those who do not remember the past are condemned to repeat it."
– George Santayana (philosopher)

IFA's extensive library of books dating back to the 1600's gives us perspective on the stock market and the historical behavior of investors.

Calcul des Chances et Philosophie de la Bourse

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Author: Jules Regnault

Publisher: BLTM Books

Year Printed: 1863

Edition: Reprint of Original

Condition: Good

eBook: eBook on Forgotten books.

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Pages: 215

Height: 8.5 inches

Width: 5.5 inches

Notes: Jules Regnault was a French stockbroker. He stated that the longer you hold a security, the more you can lose or win on its price variations, or that the price deviation is directly proportional to the square root of time.
Quotes: The longer you hold a security, the more you can lose or win on its price variations, or that the price deviation is directly proportional to the square root of time.

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