The Mind Of Wall Street: A Legendary Financier on the Perils of Greed and the Mysteries of the Market

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PublicAffairs, Nov 6, 2002 - Business & Economics - 220 pages
Most of us are in the stock market, but few of us understand how it really works. This text explains the hidden dynamics of Wall Street, and its message is urgent and disturbing. As stock prices and investor confidence have collapsed in the wake of Enron, WorldCom, and the dot-com crash, people want to know how this happened and how to make sense of the uncertain times to come. Into the breach comes one of Wall Street's legendary investors, Leon Levy, to explain why the market so often confounds us, and why those who ought to understand it tend to get chewed up and spat out.
 

Contents

Introduction
1
Reason Does Not Prevail
15
Jeromes Legacy
25
The Right Time
41
A Galaxy of Financial Talent
65
A Fresh Look at the Familiar
77
Beware Overreachers
93
Beauty and the Beast
105
Investing Under the Influence
173
Betting on Economies Rather Than Stocks
177
Honor Thy Father
191
Acknowledgments
201
1 15
205
41
211
77
215
93
216

Unlocking Value
121
The Pretty Efficient Market
137
False Profits
151

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