A story that describes the evolution of investing from 3000 BC in Mesopotamia to modern-day Wall Street. Written by financial historian Robert Sobel, it examines how people have approached money, risk and investing since the dawn of time. It discusses how money evolved through the Middle Ages and Renaissance, and how it played a key role in the exploration and colonization of America. In the second half of the book Sobel focuses on the USA, where he chronicles the dramatic growth of large publicly traded corporations, the rise of Wall Street as a power centre, and the development of today's popular investment philosophies. Throughout the book, Sobel examines investment practices through the prism of risk and reward, demonstrating that the ability to assess accurately risk and reward has been the key to investment success throughout history. There are parallels and lessons for today's investor trying to make sense of the most volatile financial stock market in history.
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Money--How it has built nations, destroyed dynasties, and shaped every facet of human history. Mesopotamian farmers used it to irrigate their crops...Roman armies to expand Caesar's reach throughout Europe and Africa...Incan rulers to build temples and civilizations...U.S. industrialists to push the frontiers of corporate achievement.
The Pursuit of Wealth tells the fascinating history of how the desire for money has fueled humankind's greatest achievements--and produced our most profound tragedies. Readers from all walks of life--from academics in search of a compelling narrative to investors and business persons looking for time-tested solutions to age-old dilemmas--will discover how and why money has become inextricably interwined with every thread in the fabric of human history. Gripping stories and legacies of great fortunes won and lost include: Historical giants like Alexander the Great and Napoleon--and how their battle-honed lessons on wealth and conquest still ring true in today's burgeoning economy; analyses of twelfth century Venetian financial empires that provide stunning parallels and insights into today's global business and investment arena; how modern rules, regulations, and laws of commerce have developed from 5000 B.C. through today's technological battleground--and what to look for next. No single idea has had more impact on the development of human history--and been less understood--than the drive for money. The Pursuit of Wealth is the first comprehensive investigation into this essential topic. Each page will open your eyes to the startling ways and means of property acquisition throughout history--and provide you with vital clues that can help you understand today's financial world.
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11 of 18 people found the following review helpful:
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A Sceptic Is Now A Believer,
By A Customer
This review is from: The Pursuit of Wealth: The Incredible Story of Money Throughout the Ages of Wealth (Hardcover)
I typically am not interested in this kind of literature. However, after reading about the author's death, I decided to try this book. I found it extremely intersting and it increased my knowledge about the subject. I recommend this book for anybody who is intested in the history of some of our most popular companies.
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Inside This Book
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First Sentence:
Alternatively, commerce may have originated when farmers producing surpluses traded their excess for someone's overproduction of a commodity they lacked. Read the first page Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, United States, Wall Street, World War, Near East, New England, New Orleans, San Francisco, Middle Ages, North America, Merrill Lynch, Miami Beach, West Indies, National City, Industrial Revolution, New Jersey, Rhode Island, Standard Oil, South America, Boston Manufacturing, Latin America, Erie Canal, General Electric, General Motors, Roman Empire New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Alternatively, commerce may have originated when farmers producing surpluses traded their excess for someone's overproduction of a commodity they lacked. Read the first page Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, United States, Wall Street, World War, Near East, New England, New Orleans, San Francisco, Middle Ages, North America, Merrill Lynch, Miami Beach, West Indies, National City, Industrial Revolution, New Jersey, Rhode Island, Standard Oil, South America, Boston Manufacturing, Latin America, Erie Canal, General Electric, General Motors, Roman Empire New!
Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 32
books:
See all 32 books this book cites
- The Great Gatsby by F. Scott Fitzgerald on page 272
- The Fable of the Bees: And Other Writings by Bernard Mandeville in Front Matter
- Letters From An American Farmer by J. Hector St. John de Crevecoeur on page 94
- Letters From An American Farmer (Notable American Authors Series - Part I) by Michel-guillaume Jean De Crevecoeur on page 94
- Rhode Island (Portrait of America) by Kathleen Thompson on page 160
See all 32 books this book cites
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