Distilling long experience in covering Wall Street, Richard Phalon takes you to the heart of investing savvy. Episode by episode, he shows you how these canny money managers, often bouncing back from painful losses, worked out ways of buffeting the uncertainties of the marketplace. Each chapter teaches a trenchant lesson on what it takes to win on Wall Street.
Forbes' Greatest Investing Stories focuses on the telltale signs, the sniff tests, that helped gifted managers filter the real from the bogus. The book also counsels on how to protect yourself from the hazards of the game, including the kind of trick accounting that took investors to the cleaners in the ill-fated combination of Hospitality Franchise (HFS) and CUC International.
Learn how to cut through the myths of Wall Street with the help of some of the investment world's most talented professionals.
©2001 Forbes, Inc.; (P)2003 Blackstone Audiobooks
"Most listeners will want this audio treasure to continue forever and ever....Phalon takes a narrative look at his subjects, weaving sophisticated bits of history and culture into his stories and, throughout the audio, offering us attractive and accessible lessons about finding value in stocks....David Hilder 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)
This is an excellent book to just listen too. Even though it includes the story of Benjamin Graham--I don't believe this book carries the sorts of investment insights that might change the way you invest.
But there are some interesting stories, and it is fun to listen to.
This audiobook contains 10 chapters. Each is a fairly detailed look at a important investing "story". Each chapter usually focuses on an individual. People covered include Ben Graham, Hetty Green, Georges Dorio (spelling? - now that's the trouble with audiobooks :), the founder of T Rowe Price, Marty Whitman and Muriel Siebert.
The stories are interesting and I suppose there is some wisdom to be gained from these auditory pages, but this is not a book to really help you with choosing investments. If you are looking for that, other tomes will suit you better.
I had great expectations from this book and started reading it with a lot of enthusiasm. However, this waned with time. I found the book a bit vague at times on the description of 'greatest investing stories'. This should typically have had the 'greatest' investing stories but lot of these stories and personalities just pops up from nowhere. I wonder the basis on which the topics and some of these personalities were picked up by Forbes. However, having said that, parts of the book is very interesting and well described. If you want to read this, be prepared to expect moments of brilliance in an otherwise mediocre performance.
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