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This book is great for anyone who wants to read about the history of the internet bubble and how Arthur Levitt is the self-proclaimed "nice guy" in the world and tried to save us with tons of regulation. The only real tips that you get in the book is to buy index funds. The rest of the time is spent bashing politicians and corporations in a very biased way. He is touting himself constantly with very little valuable info here. Save your money. Unless you are a big Levitt fan and want to hear him ramble about how he turned his life around for the good of the individual investor...
13 of 13 people found this review helpful
Levitt covers relatively complex subjects on the industry, revealing to the average reader down-to-earth, sometimes shocking issues ranging from ones that can hurt the small investor directly such as the behavior of brokerages and funds to the ones that will affect him/her from the macro point of view, such as the complicated, ugly interaction among industry, government and regulators. He does all that in a clear, objective narrative that explains every financial jargon he uses in the description of the several cases.
4 of 4 people found this review helpful