The Devil's Financial Dictionary - Softcover

Zweig, Jason

Softcover

ISBN 10: 1610397762 ISBN 13: 9781610397766

Publisher: PublicAffairs, 2017

Synopsis

The Devil's Financial Dictionary skewers the plutocrats and bureaucrats who gave us exploding mortgages, freakish risks, and banks too big to fail. And it distills the complexities, absurdities, and pomposities of Wall Street into plain truths and aphorisms anyone can understand.

An indispensable survival guide to the hostile wilderness of today's financial markets, The Devil's Financial Dictionary delivers practical insights with a scorpion's sting. It cuts through the fads and fakery of Wall Street and clears a safe path for investors between euphoria and despair. Staying out of financial purgatory has never been this much fun.

Definitions include:

DAY-TRADER, n. See IDIOT.

FEE, n. A tiny word with a teeny sound, which nevertheless is the single biggest determinant of success or failure for most investors. Those who keep fees as low as possible will, on average, earn the highest possible returns.

About this title

Review:

You'll love this book. Zweig cuts through financial hypocrisy to expose Wall Street's cynical core, and does it hilariously. You'll also get some super-smart investment tips. One of my favorite devilish definitions: 'Broker: Buys and sells stocks, bonds, mutual funds, and other assets for people who are under the delusion that the broker is doing something other than guesswork.' Jane Bryant Quinn, author of Making the Most of Your Money Now"
A delightfully humorous and stunningly irreverent Ambrose Bierce for financial markets. This satirical critique of what passes for wisdom on Wall Street belongs on the bookshelf of every serious investor. Burton G. Malkiel, professor of finance emeritus, Princeton University; author of A Random Walk Down Wall Street"
The Devil's Financial Dictionary is witty, irreverent, skeptical and humorousmaking it an entertaining read for those within and outside the financial industry. Manhattan Book Review"
"Vintage Jason Zweig: entertaining, truthful and oh so telling about Wall Street. The definition of Day Trader -' n. See IDIOT' - says it all. Any investor who does not read this witty, insightful and rueful reminder of Wall Street's financial follies is an IDIOT! Consuelo Mack, anchor and executive producer, Consuelo Mack WealthTrack"
"Jason Zweig is a journalist known for his wise investment counsel. But he also has a wicked wit, which is on full display in The Devil's Financial Dictionary. A fun romp for those who don't take themselves too seriously." Michael J. Mauboussin, head of global financial strategies, Credit Suisse; author of The Success Equation and Think Twice"
Jason Zweig has long been a brilliant financial journalist. People who have listened to Jason have shielded their assets from the purveyors of costly and useless advice. In The Devil's Financial Dictionary, Jason turns his wit and insight to arming us with an understanding of the financial terms that too many professionals use to intentionally baffle investors. Max H. Bazerman, co-director, the Center for Public Leadership, John F. Kennedy School of Government, Harvard University; author of The Power of Noticing"
Inspired by Ambrose Bierce's masterpiece The Devil's Dictionary, Jason Zweig takes an equally beautiful and cynical view of the entire finance industry. Farnam Street"
If finance were stand-up comedy, Jason Zweig would be its Groucho Marxa serious man with a wild sense of humor: 'Dog: A stock that obeys no command except DOWN'need I say more? Laurence B. Siegel, research director, CFA Institute Research Foundation"
Fun, interesting, irreverent, and well-informed, Jason Zweig scores again. You'll laugh and cryand send copies to your friends. Charles D. Ellis, founder, Greenwich Associates; author of Winning the"
"Cynical and exceptionally witty, this book shines a light into the unlit corners of finance. After a lot of laughs, I walked away with a less distorted view of reality." Shane Parrish, CEO of Farnam Street Media"

Book Description:

The brilliant, witty, "savagely amusing" distillation of financial knowledge into pithy aphorisms that contain "snark and insight" ... by the Wall Street Journal columnist and co-author/reviser of the million-copy-seller The Intelligent Investor

About this edition

• Publisher: PublicAffairs
• Publication date: 2017
• ISBN 10: 1610397762
• ISBN 13: 9781610397766
• Binding: Paperback
• Number of pages: 256