The Wolf of Wall Street by Jordan Belfort (2007)

Cautionary tale for any investors who still happen to believe that brokers are working for the benefit of their customer. This rough-and-tumble version of Liar's Poker runs on the same money fuel, never before those semi-literate kids from the working suburbs of Manhattan were getting so much money with so little actual work (although getting the money did involve ripping the face of their customers). Unfortunately the actual shenanigans receive minimal description (beside restricted stock parking/sale, stock hyping and boiler room sales, with the excuse that they like Robin Hood were cleaning out mostly the rich), so the book reads like a narcotics fueled frenzy (with cocaine induced paranoia and the like) of your average Hollywood star, than an actual financial "education" book.

No comments: