The notion of logging a Wall Street novice's yearlong quest for investment profits during what turns out to have been the height of a roaring bull market in stocks has a certain appeal. Unfortunately, Rothchild did not execute the order nearly as well as he might have. The author, a Miami-based free-lancer, ventured into the financial services marketplace at the start of 1986 with high hopes and about $14,000 in cash. At the end of his tour, which took him through Chicago's commodity pits, the NYSE, a cram course for aspiring brokers, and other outposts, Rothchild was deeply in the red after allowances for travel expenses as well as losses of principal and transaction costs. At its best, the author's anecdotal recap of how he and his money were parted in stages offers humorous insights. In like vein, he cautions that past performances improves with age. As a practical matter, the frequently shrewd nature of Rothchild's observations undercuts his credibility as a naif who throws money away on unpromising option straddles and obscure over the counter issues. Nor is it easy to accept that a reporter able to secure productive interviews with some of the financial community's leading people would put much stock in an astrologer; or call the SEC to inquire about the legality of holding a garage sale of his less rewarding securities. The bottom line: a very amusing account of capital punishment that's almost too absurd to be believed.

Light, funny look at investing. Very pessimistic and humorous.

Hilarious and educational, both, at the same time! Written in relatively simple words for the common person to understand easily. Expect no tips. Describes only pitfalls and what fools do with their money in the 'markets' due to which they (claimed 80 or more %) loose.
Read to find out what you should not do in the markets.

Too much fictional content

Be patient, never panic.
Be nervous, keep a close watch.
Be flexible.
Have faith in your ideas
Never sell too soon
Let your profits run
Invest for the long term
Study as much as you can, the ignorant investor is a sure loser.

Fantastic, informative, irreverent, very well written.

Funny but sad ,which most of the investors would end up the same way.
Life is a journey of learning, I believe as long as we spending time on investment it will finally return.

Excellent Financial Humour

This is a unique book. It is a humorous take on the behavioral biases of the average investor. The book is a light read, with funny anecdotes. It is truly amazing to see the relevance of the content in 2021, 30 years after it was written.
A must read for all investors.

漂入。2021/12/07 書行者 Ashley

Ha ha ha ... very sincere, frank and shamelessly revealing the truth about investing.

Humour along with great insight into stock market functionalities during 1980s time period. The process for trading has changed drastically since then but nevertheless the flaws on which investing decisions are made by both common investors as well as the sophisticated ones remains the only constant.