THE CAREFUL INVESTOR

THE CAREFUL
INVESTOR

BY

în iade

EDWARD SHERWOOD MEAD, PH.D.

PROFESSOR OF FINANCE IN THE WHARTON SCHOOL OF FINANCE
AND COMMERCE, UNIVERSITY OF PENNSYLVANIA

COPYRIGHT, 1911, 1912, 1913, 1914, BY J. B. LIPPINCOTT COMPANY

PUBLISHED, JANUARY, 1914

PRINTED BY J. B. LIPPINCOTT COMPANY
AT THE WASHINGTON SQUARE PRESS
PHILADELPHIA, U. S. A.

DEDICATED TO

CHARLES CUSTIS HARRISON, LL.D.