The Book of Investing Wisdom is an anthology of 46 essays and speeches from the most successful, well-known investors and financiers of our time. In their own words, these legends of Wall Street share their best investment ideas and advice. You'll hear from Bernard Baruch on stock market slumps, Peter Bernstein on investing for the long term, Joseph E. Granville on market movements, John Moody on investment vs. speculation, Otto Kahn on the New York Stock Exchange and public opinion, William Peter Hamilton on the Dow theory, and Leo Melamed on the art of futures trading, to name just a few. Offering practical advice, strategic wisdom, and intriguing history, The Book of Investing Wisdom will inspire and motivate everyone from the professional money manager to the do-it-yourself investor to the business student.More
"Those who invest well have an innate ability to distill abundant, raw information into the scarce commodity of wisdom. Here's how some of the best have done it down through the years." (David H. Komansky, Chairman and CEO, Merrill Lynch & Co., Inc.)
"Any opportunity to learn more from such people is an opportunity that should not be missed." (Roy R. Neuberger, Neuberger Berman, Inc.)
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It's designed for investing novices and marketed as containing wisdom from great investors. People familiar with the topic will be disappointed with the selection of writings as most are either too superficial or not the best published for that author.
The assumption that a wealthy man was a wise man. Several of the authors quoted herein made a fortune at one point of their lives using what they preached, but then died penniless, and in debt, or killed themselves when their trading didn't work out. All of which isn't investing wisdom. There were a few tidbits of information worthwhile, but the book lacks a theme, there seemed to be no thought in which quoted papers to add to it, with the intention of just representing as many wealthy men as possible.
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