Amazon.com: Lack of Money is the Root of All Evil: Mark Twain's Timeless Wisdom on Money and Wealth for Today's Investor (9780735202191): Andrew Leckey, John C. Bogle, Louis J. Budd: Books

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Lack of Money is the Root of All Evil: Mark Twain's Timeless Wisdom on Money and Wealth for Today's Investor [Paperback]

Andrew Leckey (Author), John C. Bogle (Author), Louis J. Budd (Author)
4.0 out of 5 stars  See all reviews (7 customer reviews)


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Book Description

January 1, 2001 0735202192 978-0735202191 1st
Refreshingly practical and immensely entertaining, national financial commentator Andrew Leckey gives his advice on money matters through the sage and prophetic wisdom of Mark Twain (a financial genius in his own time).

An avid buyer and seller of stocks, Mark Twain loved to poke fun at the financial markets and the irresistible urge of speculation. He was fascinated by scoundrels seeking to snatch the money of others, with two prime examples of this being the King and the Duke in the great American novel Huckleberry Finn. Mark Twain was born in poverty. Through eclectic business endeavors and smart investing, he amassed great wealth by age 50. He went bankrupt at 60, and became wealthy again at 70. He prospected for silver, sold his own books by subscription and took out patents on numerous inventions. His occupations included riverboat pilot, printer, and travel writer.

Using the words of Mark Twain, Andrew Leckey, an accomplished financial journalist known to millions for anchoring CNBC, imparts the lessons today's investor can learn from Twain. Leckey has combed Twain's novels, stories, speeches, and letters for telling sayings about making, saving, guarding, and growing money. The book will be humorous and fun to read as it offers down-to-earth advice-as Leckey puts it-it will be as if Warren Buffett met the Beardstown Ladies.

Among the slices of timeless investment wisdom, Twain-style:
• Divide and conquer your portfolio.
• The law of averages eventually makes you right.
• He who hesitates can save a lot.
• Every period in history had fool's gold.


Editorial Reviews

Review

"...Andrew Leckey has provided us with both an informative and an entertaining contemporary perspective to the many challenges investing poses."

-- Marshall Acuff, Investment Strategist, Salomon Brothers Smith Barney

About the Author

Andrew Leckey's "Successful Investing" column is nationally syndicated by the Chicago Tribune Company. He has also been a financial anchor for the CNBC and a television reporter for the syndicated "Quicken.com Money Reports." Leckey has written a half-dozen books on investing and is a teaching fellow in business journalism at the Graduate School of Journalism at the University of California, Berkeley.

John C. Bogle, founder and former chairman of The Vanguard Group of mutual funds, is president of its Bogle Financial Markets Research Center. Bogle is a successful author and was named one of the investment industry's four "giants of the 20th century" by Fortune magazine.

Louis J. Budd, Ph.D., is professor emeritus in English at Duke University and a respected Mark Twain scholar who has written extensively about the humorist and novelist.


Product Details

  • Paperback: 222 pages
  • Publisher: Prentice Hall Press; 1st edition (January 1, 2001)
  • Language: English
  • ISBN-10: 0735202192
  • ISBN-13: 978-0735202191
  • Product Dimensions: 8.4 x 5.7 x 1 inches
  • Shipping Weight: 1.2 pounds
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Best Sellers Rank: #2,529,905 in Books (See Top 100 in Books)

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Customer Reviews

7 Reviews
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Average Customer Review
4.0 out of 5 stars (7 customer reviews)
 
 
 
 
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6 of 6 people found the following review helpful:
1.0 out of 5 stars Very Disappointed, October 30, 2001
This review is from: Lack of Money is the Root of All Evil: Mark Twain's Timeless Wisdom on Money and Wealth for Today's Investor (Paperback)
The blurbs for this book are very misleading. It is a text for beginning investors. Each chapter starts with a quote from Twain, but it has little else to do with him. The entire references to Twain probably don't exceed 5 pages of text. If you are interested in Mark Twain - forget it. Not much here. If you are interested in basic investing principles - likewise forget it - I have seen much better.
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2 of 2 people found the following review helpful:
3.0 out of 5 stars More Twain, Less Leckey, September 19, 2001
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This review is from: Lack of Money is the Root of All Evil: Mark Twain's Timeless Wisdom on Money and Wealth for Today's Investor (Paperback)
I was hoping this book would be more Twain and less Leckey. I was disappointed. Each chapter starts with one quote from Twain, and Leckey provides some background context. That's about 10% of the book. The other 90% is Investing 101 stuff.
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2 of 2 people found the following review helpful:
5.0 out of 5 stars First rate!, January 23, 2001
By A Customer
This review is from: Lack of Money is the Root of All Evil: Mark Twain's Timeless Wisdom on Money and Wealth for Today's Investor (Paperback)
This book does a great job of capturing Mark Twain's humor and bringing it into a modern day investment context. Investing is serious business, but we can still laugh at our mistakes while we learn from them because chances are we're not the first to make them.

If you loved reading Mark Twain growing up, you'll love both his wisdow and wit on investing.

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