The bible for successful speculators, written on speculation, by a successful speculator. This is a combination of what is speculation, along with some thoughts on life, business, society, and language. An excellent thought starter. Also contains Watts classic "Thoughts on Life" - short aphorisms of timeless wisdom. The orignal source for classic market wisdom such as: "Make your theories fit your facts, not your facts your theories." "Look after the principal; the interest will look after itself." "If a speculation keeps you awake at night, sell down to the sleeping point" This book is a must for any reader of classic investing wisdom.