Biotech, high tech, bubbles, and busts—no two stock markets are ever the same. Getting ahead of the game demands something hard to find on Wall Street these days: a flexible long-term strategy good for all seasons. These great investing stories provide a well-honed guide to the practicalities of dealing with the turbulent markets of the new century. Distilling his long experience in covering Wall Street, Richard Phalon offers ten mini-essays profiling the business ideals of some of Wall Street’s most successful investors. Each episode demonstrates how these canny money managers, often bouncing back from painful losses, worked out ways of buffeting the uncertainties of the marketplace. Let the time-tested measures of seers like Benjamin Graham and T. Rowe Price show you how to spot value at a discount, and witness how trailblazing women like Hetty Green and Muriel F. Siebert proved that men have no monopoly on Wall Street savvy. Capitalizing on the techniques of these shrewd money spinners will help you profit, no matter which way the wind blows.
The essays included here are: “Why Investors Should Know Their History” by James W. Michaels, “Value Avatar” by Benjamin Graham, “Value with a Difference” by Marty Whitman, “Growth Avatar by T. Rowe Price, “Extending the Growth Culture” by Tom Bailey, “Swindle of the Century” by Anthony DeAngelis, “Investor Beware: A Cautionary Tale,” “The Richest Woman in the World” by Hetty Green, “Visit with a Billionairess” by Muriel Siebert, “The Venture Capital’s Capitalist” by Georges Doriot, and “A Venture of Angels” by Paul Bandrowski.
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“Most listeners will want this audio treasure to continue forever and ever…[Edward Lewis] is a smart and cocky interpreter who adds enough edginess to this material to grab the listener’s attention and hold it tight until the last word.”
— AudioFile
“A superb book on a subject of increasing consequence to rapidly growing numbers of Americans.”
— Steve Forbes, President, CEO, and Editor-in-Chief, Forbes“Contains plenty of pointers as to what it takes to win, or lose, on Wall Street.”
— Lloyd’s List“Provides readers with a distillation of the life experience of ten leading investors…and with this volume, you’ll be able to benefit from the successful strategies and techniques they devised while making their fortunes.”
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Richard Phalon has been a contributing editor at Forbes since 1980. He covered personal finance, Wall Street, urban affairs, and politics at the New York Times for sixteen years before joining Forbes. He is the author of The Takeover Barons of Wall Street and Your Money: How to Make It Work Harder Than You Do.
Edward Lewis (a.k.a. David Hilder) is a stage, film, and television actor. He has narrated unabridged audiobooks for over eighteen years and has recorded more than two hundred titles, spanning works of fiction and nonfiction.