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I am amazed at the accuracy of how brokers talk to clients and how little has changed in 80 years!
Very good insight to know that if you invest with discipline you will be successful and you don't 'need' a broker and you CAN do it on your own. Great read for a novice like me!
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Great perspective of the goings on of the financial industry. The essence of the book is that the "casino always wins".
I need to agree entirely with the author. People never change. Especially working in this area described in this fantastic book. Thank you.
This well-healed read, is funny and cynical, and that's what I like in a book. I couldn't put it down. It is probably the book I should have started with reading about Wall Street before investing but sometimes we don't know these things as we simply get started and ask questions later, a bit like life itself really. If you haven't read any books on investing then do read this one. A timeless classic as stated by other reviews and still has relevance but some of the younger generation might find some of the colloquialisms a little testy, although nothing a quick Google search wouldn't fix. It's funny, and I'm very tempted to ask my financial advisor, "Where's my yacht?" but like all the advice that tends to come from advisers the answer would simply be a well rehearsed response in changing the topic. A tad intellectual but holds the attention of anyone who likes dry wit, satire, and is rather cynical.