Blood in the Streets

by James Dale Davidson, William Rees-Mogg

The authors discuss a new way of judging and interpreting global events as the necessary context of investment strategy

Genres: Economics, Finance, History

Mass Market Paperback

First published December 31, 1987

About the author

James Dale Davidson is an American writer and private investor. He specializes in the domain of economics and finance. Davidson had a successful career as a financial advisor, and in the year 1969, he established the National Taxpayers Union. James Dale Davidson was an alumna of the Oxford University. He pursued an undergraduate degree in the institution. As of now, we aren’t aware of any additional details about his education.

Currently, Mr. Davidson holds the position of Co-Editor in the department of Strategic Investment at Banyan Hill Publishing. He retired from the world of investment in the year 2004, only to eventually return to the firm.

He has spent a significant part of his life discussing about an overreaching government. He is best known as an economist and financial predictor, who allegedly predicted every significant financial event since the last thirty years.

Reviews

[Sergiusz Golec · Rating 5 out of 5]

1 main idea. Which is established at the very beginning of the book.
5 stars rating - for the lots of interesting insights and logic examples.

For example:
We don't want to fight but by Jingo if we do,
We've got the ships, we've got the men, we've got the money too.
- Nineteenth-century British music hall song

Or ideas alike:
The more laws, the less justice.
Hasty climbers have sudden falls.
The brightest blades grow dim with rust.
The way to be safe is never to feel secure.
He that serves everybody is paid by nobody.
Buying on trust is the way to pay double.
Tall trees catch much wind.
He who has the worst cause makes the most noise.
He that seeks to have many friends never has any.
Money lent to a friend must be recovered from an enemy.
What is bought is cheaper than a gift.
Trees do not grow to the sky.
Failure teaches success.
All sunshine makes the desert.
He that finds faults wants to buy.
A flatterer is a secret enemy.
The best time to buy is when the blood is running in the streets.

Also it changed my views, for example on a mortgage market. And USA & Britain today.

[Sergiusz Golec · Rating 5 out of 5]

Tough to read. Great ideas. Even if the concept is clear from the start, there are brilliant thoughts all over the book.

[Brian · Rating 4 out of 5]

The specifics are no longer relevant, but the general principles (what to think about) are still relevant.