The Art of Speculation Author:Philip L. Carret ?The Art of Speculation? by Philip L. Carret is considered a classic of the value style of investing. It has been published and reprinted many times. It is one of those books that never grows old or gets out of date. The author, Philip Lord Carret, was the founder of Fidelity Mutual Trust, now Pioneer Investments. It is the trade name for Pionee... more »r Global Asset Management S.p.A. and its subsidiaries, one of the first and one of the largest mutual funds in the United States.« less