A Fool and His Money

Rothchild, John

ISBN 10: 0670811777 / ISBN 13: 9780670811779

Published by Viking Adult, 1988

About this Item

There is handwriting, stickers or numbers inside the front cover Item has stickers attached to cover and or pages that have not been removed to prevent damage. Cover Case has some rubbing and edgewear. Access codes, CD's, slipcovers and other accessories may not be included.

Seller Inventory # 2Y6ZRZ000KH7_ns

Bibliographic Details

• Title: A Fool and His Money
• Publisher: Viking Adult
• Publication Date: 1988
• Language: English
• ISBN 10: 0670811777
• ISBN 13: 9780670811779
• Binding: Hardcover
• Condition: good

About this title

Synopsis

The author shares his humorous observations on the stock market, investment counselors, commodities, and brokers

Reviews

"If you think it's right it's wrong, and vice versa," quips freelance writer Rothchild in this picaresque odyssey of his search for a surefire way to multiply money. With a $14,000 grubstake, he invested in stocks and made the rounds: visiting brokerage houses, interviewing financial advisers, studying market newsletters, appraising mutual funds, penetrating the floor of the New York Stock Exchange, the Federal Reserve purlieus and Chicago's commodity trading pits (where putting one's money is "like holding up bread for the seagulls"). His education complete, Rothchild found that most of his capital evaporated even before the October '87 Crash, which completed the job. The average investor, the author concludes in this rueful, ironic and doggedly humorous tale, is "a born loser." Nevertheless, readers will be vastly entertained while learning investment essentials and idiosyncrasies they never knew they ought to know about.
Copyright 1988 Reed Business Information, Inc.

This book is an exemplar on how not to invest, but it is not helpful on how to invest intelligently. The author describes his unsuccessful journey investing in stocks, futures, etc.; his use of investment newsletters and attendance at seminars; and his investigation of investment markets. Other than painting a grim picture on how easy it was for him to lose money, the book has little substance. While well written and at times entertaining, it would have been much more valuable if the author had analyzed his judgments and errors and discussed investment alternatives. Instead, the book is darted with "tips" that are more humorous than useful. Arthur J. Lieb, Library of Congress
Copyright 1988 Reed Business Information, Inc.