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Fool
Contributor(s): Rothchild, John (Author)
ISBN: 0471251380     ISBN-13: 9780471251385
Publisher: Wiley
OUR PRICE:   $31.46  
Product Type: Paperback - Other Formats
Published: March 1998
Qty:
Annotation: A Fool and His Money is the comic, firsthand account of a first-time investor who sets out to make his wildest money dreams come true. In a surge of optimism and enterprise, financial writer John Rothchild drops everything to devote an entire year to learning how to invest a modest sum of money. Motivated by a sincere desire to get rich, he undertakes his mission by systematically studying as much as he can about the markets and how they really operate. He fearlessly asks the most basic questions, observes the professionals at work, studies the newsletters, makes investments, and reports back on everything - including his own highly personal and often hilarious reactions. Rothchild also includes the hard-won bits of wisdom he calls his "25 Useful Tips" - which include such sage advice as "Never buy anything from a broker at an airport" - and his handy "Fool's Glossary", which clarifies many of the technical terms used in the book.
Additional Information
BISAC Categories:
- Business & Economics | Personal Finance - Investing
- Business & Economics | Investments & Securities - General
- Business & Economics | Finance - General
Dewey: 332.6
Series: Wiley Investment Classics (Paperback)
Physical Information: 0.76" H x 5.53" W x 8.46" (0.69 lbs) 272 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
There is one thing that can be said about A Fool and His Moneythat cannot be said about any other colume of investment advice: You will never make a penny from the information in this book. Nowork on the subject of personal finance has even tried to make thisclaim before. That is because works on the subject of personalfinance are all lying. John Rothchild is the only fully honestauthor in the genre.--from the Foreword by P. J. O'Rourke.

A veritable gold mine of comic insight into the predicament of anaverage investor's avid pursuit of wealth, A Fool and His Money isJohn Rothchild's critically acclaimed personal account of a yeardevoted to investing his money in the markets. The entireinvestment world--its characters, institutions, customs, andmyths-passes under Rothchild's sharp and profoundly humorousscrutiny.

Acclaim for A Fool and His Money

What makes this book so good is that Rothchild can explain thingslike naked puts . . . and leave the reader both edified andlaughing. . . . Witty, fast-paced, and educational.--TheWashington Post.

You'll relish John Rothchild's comic tale. . . . The book nearsguaranteed delight.--Newsday.

A Fool and His Money may be the funniest book about investing everwritten. It's a reader's capital gain.--New York Post.

You set aside some money, quit your job, devote yourself entirelyto studying the markets, and start to invest. Then, through hardwork and your own magical intuition, you become so wealthy yourmajor concern is finding a fashionable hobby to soak up yourabundant leisure time. All in about a year.

Now, thanks to this hugely entertaining and informative book, youcan live out the fantasy without risking your money, your job--oryour sanity.

Since its acclaimed debut a decade ago, A Fool and His Money hasbecome a treasured investment classic. It's the comic, firsthandaccount of a first-time investor who sets out to make his wildestmoney dreams come true.

In a surge of optimism and enterprise, financial writer JohnRothchild drops everything to devote an entire year to learning howto invest a modest sum of money. Motivated by a sincere desire toget rich, he undertakes his mission by systematically studying asmuch as he can about the markets and how they really operate. Hefearlessly asks the most basic questions, observes theprofessionals at work, studies the newsletters, makes investments, and reports back on everything--including his own highly personaland often hilarious reactions.

With Rothchild as your guide through the marketplace, you will:
* Eavesdrop as his broker explains in fluent double-talk why heshould buy a certain hot stock
* Share in his buyer's remorse as Rothchild purchases an unknowntechnology company stock that puts him on an emotional rollercoaster
* Be humbled as he enters the almighty Federal Reserve Bank andstruggles to understand its omnipotent power over his personalfinances
* Witness the excitement and confusion of the Commodities Exchangeand find out what pork bellies really are
* Hear firsthand the enigmatic and undoubtedly wise words ofvarious wizards of Wall Street
* Sympathize with Rothchild as he explains his transactions to hisloved ones
* Blush as he shamelessly attempts to deceive them.

In a gesture of pure magnanimity, Rothchild also includes thehard-won bits of wisdom he calls his 25 Useful Tips--whichinclude such sage advice as Never buy anything from a broker at anairport--and his handy Fool's Glossary, which clarifies many ofthe technical terms used in the book.

Clever, funny, and informative, A Fool and His Money will rewardinvestors at all levels of experience with a revelation on everypage.