Presents about image and reality, identity and anxiety and money and how to invest in the stock market. Written almost a decade before I was born, the book is just as relevant today as it was in the latter half of the sixties. The high flyers Smith writes about are so similar to those of the 1990's bubble, it is literally as if nothing but the symbols have changed (and perhaps the clothing styles). Sixties screamers like Brunswick and Solectron were bid up to hundreds of times earnings, then flamed out and fell through the floor with spectacular declines of 90% or more- just like the JNPR's and CMGI's and JDSU's of our more enlightened age. The Great Winfield, master tape reader of his day, is the perfect 1960's equivalent to the modern daytrader banging bids on Island or Selectnet. The technical analysts of the sixties, with their punch cards and their vacuum tube computers, are in perfect harmony with the high powered number crunchers and stochastics trackers of today. And when Smith discusses the complete and utter wackiness of corporate accounting methods, complete with a hundred and one ways to massage earnings statements six ways to Sunday while technically remaining within the law, you would swear he is foreshadowing the fall of Enron. And of course there is good old John Jerk, proud representative of the general public, buying high, selling low and getting taken behind the woodshed by the smarter players, just as he still is today (but don't worry John, you'll come out okay in the "long term," really truly you will, snicker)
Barcode | Call No. | Volume | Status | Due Date | Total Queue | |
---|---|---|---|---|---|---|
1010069417 | IK00145 | Available | 0 | Please Login |
Related Book