Books

Duodecimo. 4.75 x 7 in. xxiv, 263 pp. Very good in a rebound leather binding with marbled boards and leather corners. Several pages from the preface are loosed and laid-in but remain bound together. That said, the remainder of the book and binding is firm. The pages remain largley free and clear of foxing and other marks, excpet for the front free endpaper and adjoining pages. The original fold-out equation table is still affixed at the front of the book and has little to no wear. An early and excellent copy of an eighteenth century financial tell-all.

A classic financial guide aimed at helping individuals navigate the stock market independently, without relying on professional brokers. At a time when financial markets were expanding and public interest in investing was growing, particularly in London's stock exchange, Mortimer's book became popular. The book offers practical advice on how to buy and sell stocks, avoid common mistakes, and understand the stock exchange's basic workings. Mortimer's goal was to educate everyday people on how to engage in trading without falling into the traps of brokers' commissions and potential manipulation. The language and explanations are accessible, designed for those with no prior knowledge of financial markets. Mortimer discusses essential concepts like market fluctuations, speculation, and even insider trading, issues still relevant in today's markets. A central theme of the book is Mortimer's criticism of brokers. He accuses many brokers of using unethical practices to benefit themselves rather than their clients. As a result, he advocates for individuals to take control of their own investments, educating themselves on market operations so that they don't have to rely on professionals whose interests may not align with their own. Although the book is over 250 years old, it provides a historical perspective on the development of financial markets and some timeless lessons on investing. While the specific advice may no longer apply to today's highly regulated and complex financial world, the core message of being skeptical of intermediaries and the importance of financial self-education is still relevant. For those interested in the history of finance, *Every Man His Own Broker* offers a unique insight into the early days of stock trading. For modern investors, it serves as a reminder of the importance of personal financial literacy and the enduring challenges faced by individuals trying to navigate the complexities of the market.