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Traders' Tales: A Chronicle of Wall Street Myths, Legends, and Outright Lies 1st Edition
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Top Customer Reviews
After being involved with the stock market for twenty years (the last fifteen as a professional), and thus being familiar with many names of those involved in the stories recounted by Mr. Insana, I still didn't find any story "tantalizing" or "shocking." Heck, anyone who's ever played on a sports team or in a rock 'n' roll band during high school could probably come up with ten crazier stories for every one in this book. Instead, I thought the more interesting reading was in the chapters that gave historical perspective to the careers of Muriel Siebert, Ron Baron, Peter Lynch, and Jimmy Rogers, among others. Everything else was pretty dull.
There's a tad too much explaining about market movement, stock/option price fluctuation, trading floor characteristics (did you know that tons of money can be made or lost very rapidly?), chart patterns, etc., so I'm thinking that those familiar with stock and bond investing might wind up somewhat bored. Keep in mind, Mr. Insana was writing this in late-1995, way before many new investors were "seasoned" by the boom/bust in tech stocks, so some consideration of the time frame is warranted.
Overall, "Traders' Tales" might have mild appeal either to someone who has no experience with the stock markets, or to investors who might want to learn what all the market gurus we follow were doing decades ago.
Most Recent Customer Reviews
Read the book if you want to be entertained. Find another one if you want to learn about investing.Published on March 12, 2010 by Individual Investor
What looked to be a promising collection of tales from the street fizzled almost from the start. Fairly lame stories, told with almost no writing style or flair whatsoever. Read morePublished on November 27, 2001
The book is of little value to anyone whether you are a professional investor or an amateur. Most of the stories are bland and simply not funny nor do they provide any insight... Read morePublished on May 24, 2001