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Indlæser... The Go-Go Years: The Drama and Crashing Finale of Wall Street's Bullish 60s (1973)af John Brooks
   Ingen Der er ingen diskussionstråde på Snak om denne bog.  TheUtoid | Dec 16, 2021 |   LOM-Lausanne | Mar 19, 2020 |  ) carterchristian1 | Mar 15, 2011 | ingen anmeldelser | tilføj en anmeldelse
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The Go-Go Years "The Go-Go Years is not to be read in the usual manner ofWall Street classics. You do not read this book to see our presentsituation reenacted in the past, with only the names changed. Youread it because it is a wonderful description of the way thingswere in a different time and place." --From the Foreword by Michael Lewis The Go-Go Years is the harrowing and humorous story ofthe growth stocks of the 1960s and how their meteoric rise caused amultitude of small investors to thrive until the devastating marketcrashes in the 1970s. It was a time when greed drove the market andfast money was being made and lost as the "go-go" stocks surged andplunged. Included are the stories of such high-profilepersonalities as H. Ross Perot who lost $450 million in one day,Saul Steinberg's attempt to take over Chemical Bank, and the fallof America's "Last Gatsby," Eddie Gilbert. Praise for The Go-Go Years "Those for whom the stock market is mostly a spectator sportwill relish the book's verve, color, and memorableone-liners." --New York Review of Books "Please don't take The Go-Go Years too much for granted:as effortlessly as it seems to fly, it is nonetheless an unusuallycomplex and thoughtful work of social history." --New York Times "Brooks's great contribution is his synthesis of all theelements that made the 1960s the most volatile in Wall Streethistory . and making so much material easily digestible for theuninitiated." --Publishers Weekly "Brooks ... is about the only writer around who combines athorough knowledge of finance with the ability to perceive behindthe dance of numbers 'high, pure, moral melodrama on the themes ofpossession, domination, and belonging.'" --Time No library descriptions found. |
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I recently wrapped up "The Go-Go Years" by John Brooks, a look at the bull market of the 60s and subsequent crash in 1970. It's a jauntily written and entertaining read (and includes perhaps the best description of Ross Perot I've ever run across). If you have an interest in economics, the stock market or the 60s, I thoroughly recommend it. Bonus points if you want to compare to similar contemporary histories of more recent economics, such as Michael Lewis' "The Big Short."
But what makes it such an oddity to me is that it was published in 1973 and, boy howdy, is it a product of its time. There's slang that is lost on me, Nixon shows up repeatedly without any reference to his wrongdoing, there is constant references to the Protestant-Jewish split on Wall Street. On its own merits, it's a pretty good book. As a time capsule, especially to a time which is just outside my own memory, it's absolutely fascinating.
It's occurred to me that this type of book makes up a fairly large chunk of current book sales (even if most of that is political tripe), but it feels like these books disappear after a few months never to resurface. There's a fascinating prospect of literary anthropology contained out there, if you only know where to find it. (