A Fool and His Money : The Odyssey of an Average Investor
Author: John Rothchild
List Price: $19.95
Our Price: Click to see the latest and low price
ISBN: 0471251380
Publisher: John Wiley & Sons (20 March, 1998)
Sales Rank: 47,553
Average Customer Rating: 4.3 out of 5
Customer Reviews
Rating: 4 out of 5
Goldratt on WallStreet
Thoroughly enjoyable and more than just slightly humorous, Rothchild takes Finance 101 and compresses it into "a year in the life of...". The text gives an uninitiated investor a chance to read about the mistakes, which are only too easy to make, before actually making them. While Rothchild does not actually give any advice on what one should do (as opposed to the advice on what to avoid), I'd highly recommend this book as a method of sparing ones self the pain these lessons help you avoid.
Rating: 5 out of 5
Good Insight
Rothchild writes with a very negative or should I say sarcastic perspective. But his sarcasm is very well directed. I think this book has tremendous value for an investor that has been around the block once or twice and is looking for more insight to market mechanics. Some areas of great insight covered:Selling newsletters or get rich schemes.
The Stockbroker (1 notch above a used car salesman).
Insights to the mechanics of stock prices.
Sell side - buy side analyst relationships and the Fund Manager.
This book belongs in your collection AFTER you have the basics down and have some experience to understand what Rothchild is really talking about.
Rating: 4 out of 5
A reality check for the average investor
This book was first published in 1988, after the 1987 crash. The wisdom and essence of the book is still as valuable now in 2002. It is entertaining as well as educational. The author went out of his way to describe his experience or experiments in various areas of investing, giving knowledge and first hand information on how the investment world runs from different perspectives. The author took a year to study investing and invest with his real money, with the assignment of writing this book about it at the end. As a result, his investment decisions and variety and frequency of his investment may be atypical of an average investor. However, his description of the phychology of an average investor is quite accurate. Similar Products
Financial Reckoning Day: Surviving the Soft Depression of the 21st Century
Minding Mr. Market: Ten Years on Wall Street With Grant's Interest Rate Observer
Where Are the Customers' Yachts? or A Good Hard Look at Wall Street
Adventure Capitalist: The Ultimate Road Trip
Once in Golconda : A True Drama of Wall Street 1920-1938
Book Index