Trillionaire Next Door: The Greedy Investor's Guide to Day Trading
Author: Andy Borowitz
List Price: $20.00
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ISBN: 0066620767
Publisher: HarperBusiness (16 May, 2000)
Sales Rank: 65,498
Average Customer Rating: 4.04 out of 5
Customer Reviews
Rating: 5 out of 5
A great investment!
The best investment advice you can get is to buy this book and read it instead of worrying about all those 16-year-olds whose stock options are worth more than the GNP of Portugal. It's hard to be funnier than the real traders, with their theories based on random walks, dartboards, hemlines, and the World Series, and it's even harder to be funnier than watching people lose money on flyer stocks with cute names like boo.com and Crazy Eddie, but this book makes it and then some, with completely hilarious discussions of making a stock go up by yelling at the screen, getting good investment advice (and a Big Gulp) at the 7-11, finding the right asset allocation model (don't forget the importance of lotto and combing the beach with a metal detector), and the crucial role of pizza in a day-trader's diet. The comparison of Adam Smith and Willow Bay, the description of Warren Buffet, "the myth of knowing what a company does," and some really wonderful graphs and charts are not only wildly funny, but .... amazingly insightful. This book is right on the money.
Rating: 5 out of 5
HILARIOUS!
I've always admired Andy Borowitz's writing in The New Yorker, but I wondered how funny could Andy be about the stock market? Trust me, it's hilarious. Timely, witty and very fresh -- it's the kind of book that makes you want to read parts of it aloud to your friends, even if they're really, really busy and beg you not to. This is the perfect summer read -- and it would make a great Father's Day gift.
Rating: 4 out of 5
The Trillionaire Where?
When you get tired of reading through dreary stock market books, grab this one and head off to the park. Relax for an hour or so as humorist Andy Borowitz makes light of even the most serious of Wall Street's protestations as he educates you to his "The Ten Principles of Day Trading." Drum roll, please.
Of course, stocks have always been a favorite target of humorists. Mark Twain: "October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February." Or try Will Rogers: "Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it." The strange thing about humor is that there's usually a lot of truth underneath.
Now we get Borowitz, the satirist, in his best form to expose The *Recent* Emperor's New Clothes. From the computer cowboys riding their monitors from dawn to dusk (and into the night), to the official corporate and governmental pronouncements, to the analysts' hype, to the media's cheerleading, to our own self-delusions, everything and everyone comes in for a good drubbing. Reminds me of taking what we thought we were supposed to be serious about during the mania and hanging it out on the line for sport. Makes us look silly. And looking back at it with 5 years hindsight, you really wouldn't want to see that home movie showing how you explained to the children that you were getting rich in the great boom either. About the only sign of the times Borowitz didn't pulverize was the major TV network news programs profiling movie stars and taxicab drivers as prescient stock pickers. That just had to be the final signal that a top was near, and ranks right up there with the bellhops of 1929. A good, quick read, and a lot of fun too. Refer back to it next time things get too good to be true. Similar Products
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