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The Wall Street Jungle, by Richard Ney
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An awe inspiring and thought provoking book!
- Sales Rank: #1152816 in Books
- Published on: 1971
- Number of items: 1
- Binding: Paperback
- 401 pages
Most helpful customer reviews
6 of 6 people found the following review helpful.
A Revelation
By Willard M. Payne
The book is a must read for anyone who has no ability to see through the Wall Street trap. As the author says the only people who have any chance to make money on a consistent basis on Wall Street are those who know and invest in at least one of the floor traders. I once even heard some inside information, nearly ten years ago from an older woman as we were waiting for a meeting at the Chicago Council on Global Affairs. I was not surprised she acted as if this happens all the time. There are people attending those meetings who own LaSalle Street, Chicago's Wall Street. They own the land the Board of Trade sits on, of course they may need some ready cash right away.
6 of 6 people found the following review helpful.
A must read for all investors.
By oneeyedfatman
I've always believed that there are two things behind everything that gets done on Wall Street and in government. There's the excuse they give you, then the reason. The excuse for the markets existing is that they provide a way for producers to hedge risk and to acquire working capital. True. This happens. But the real "reason" for the markets is to separate little guys like you and me from our money. The book is dated, but what he has to say is still applicable today.
7 of 7 people found the following review helpful.
The Wall Street Jungle
By Frank
Here.... finally is the answer to all the strange things that go on, on Wall Street. i.e. Why a stock price goes DOWN when GOOD news comes out about the company and visa versa why the stock price goes UP when BAD news comes out about it such as the silly statement... "Wellll, the Bad news was not as bad as originally projected". Duhhhh!
The "Wall Street Jungle" shows with facts and great research as well as examples of who is really behind the movements both up and down and the "Insiders" who benefit themselves at the expense of the Investors they are supposed to be protecting. Great Job.
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