Description
From America's most popular writer on business and personal finance comes this new book about your money. Getting it. hanging on to it, investing it, borrowing it- and even some outrageous ways of spending it. Where others tell you what to think about money (sell stocks! buy gold!) here is an upbeat book that teaches you how to think about money-knowledge of a more enduring kind.
These funny, informed, award-winning pieces offer two commodities rare in financial writing: the sheer entertainment for which all of Tobias's books have won high praise ("Tobias can wade fearlessly into an abstruse financial transaction and emerge with an account that reads like The Ipcress File"-The Washington Post); and a level of financial savvy that many readers probably thought was beyond them (and that others may never have known they lacked). From the colorful mishaps of his peers, through the advice of Federal Reserve Board Chairman Paul Volcker, to the author's own adventures (and misadventures) in the world of finance, Tobias attacks subjects as diverse as mutual funds and municipal bonds; compound interest and corporate reports; borrowing and brokerage houses; sources of business news and the satisfaction of successful investment.
Malcolm Forbes has called the author "one of the financial community's most pithily perceptive observers," and here, once again, Tobias demonstrates his equal grasp of style and substance. "NEVER INVEST IN ANYTHING THAT EATS OR NEEDS REPAIRING. This is a line attributed to vaudevillian Billy Rose, who apparently was in some of the same tax shelters I am," runs a characteristic lesson from the author's own experience. Yet the irreverence of his tone never disguises the wisdom and breadth of knowledge that Tobias brings to the financial questions that confound us all; to the task of demystifying the institutions, jargon, and practices that confuse us all; and to the credo that having money may or may not buy happiness, but getting it is one of the higher pleasures.
ISBN:0671508040