Introduction

Daniele D’Alvia ()
Additional contact information
Daniele D’Alvia: Queen Mary University of London

Chapter Chapter 1 in The Speculator of Financial Markets, 2023, pp 1-19 from Palgrave Macmillan

Abstract: Abstract This chapter is devoted to provide an introduction to the monograph. It introduces the reader to the image and symbol of the speculator. Often defined as a smart individual, opportunist, and schemer, whose main job is to second-guess the opinions of other investors to take advantage of the market information and its fluctuations. In this chapter, speculators are assimilated to the figure of Lucifer who tried to raise his throne above the stars and become like the Most High, but God cast him down to the depth of the pits as a mere man. In light of this, the speculator is an actor entering the financial stage of the world, and the world is his oyster. He brings with him all his humanity and fragilities in the constant seek of one common purpose: profit.

Keywords: Information asymmetry; Lucifer; Profit; Risk; Speculator (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-031-47901-4_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9783031479014

DOI: 10.1007/978-3-031-47901-4_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().