The creator of "Suck.com" tackles the world of day trading, offering a firstperson account of this fastpaced, addictive investment activity and its many pitfalls. 75,000 first printing.
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Joey Anuff (joey@suck.com) is co-founder and editor in chief of Suck.com, the Web's pioneering daily humor Web site. He lives in San Francisco.
Gary Wolf (gw@aether.com) is a regular contributor to Wired and other magazines and the author of the forthcoming book Bengali Ty-phoon: The Rise and Fall of Wired Ventures. He lives in San Francisco.
u read this, five million Americans are day-trading. Not since gold was discovered in California have more people dropped out of their old lives and come running for the promise of a big score. For a time, Joey Anuff was among them. He has emerged-enriched, enlightened, and exhausted-to share his story.
In a marriage of Anuff's own experiences with the brilliant investigative work of his Wired and Suck colleague Gary Wolf, Dumb Money explores and explains the world of day-trading as has never been done before. No strategy is too crackpot to try, no news break too dubious to play off, no so-called guru too shady, no online chat room too pathetic. Using the rhythms of a day trader's typical day as its frame, Dumb Money is a dispatch from the front lines of the stock-market revolution, a brutally Darwinian battleground on which some become wildly rich and more become part of the body count. It
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