Forbes Greatest Investing Stories

by Richard Phalon

Overview

An exciting follow-up to the bestselling Forbes Greatest Business Stories of All Time
In the tradition of the bestselling Forbes(r) Greatest Business Stories of All Time, Forbes(r) Greatest Investing Stories focuses on profiles of fascinating people who have achieved success in a range of investing arenas. This volume chronicles old-time innovators like Benjamin Graham, the father of value investing; Hetty Green, the Street's first female stock picker; T. Rowe Price, founder of one of the largest mutual fund families; and Georges F. Doriot, the driving force behind the first publicly owned venture firm in the United States. Others featured include such modern-day legends as Tom Bailey, founder of Janus Funds; Marty Whitman, value investor supreme and manager of the Third Avenue Value Fund; and Muriel F. Siebert, the first woman admitted to the New York Stock Exchange. Packed with investing lessons, wisdom and even the story of the swindle of the century, Forbes(r) Greatest Investing Stories makes an engrossing read and a great gift for any investor or market mogul.
Richard Phalon (New York, NY) has been a contributing editor at Forbes since 1980. He covered personal finance, Wall Street, urban affairs, and politics at the New York Times for sixteen years before joining Forbes. He is the author of The Takeover Barons of Wall Street and Your Money: How to Make It Work Harder Than You Do.

Product Details

ISBN-13:	9780471484912
Publisher:	Wiley
Publication date:	04/27/2004
Pages:	254
Product dimensions:	5.59(w) x 8.64(h) x 0.66(d)

About the Author

RICHARD PHALON has been a contributing editor at Forbes since 1980. He covered personal finance, Wall Street, urban affairs, and politics at the New York Times for sixteen years before joining Forbes. He is the author of The Takeover Barons of Wall Street and Your Money: How to Make It Work Harder Than You Do.

Table of Contents

Why Investors Should Know Their History by James W. Michaels.

1. Value Avatar (Benjamin Graham).

2. Value with a Difference (Marty Whitman).

3. Growth Avatar (T. Rowe Price).

4. Extending the Growth Culture (Tom Bailey).

5. Swindle of the Century (Anthony DeAngelis).

6. Investor Beware (A Cautionary Tale).

7. The Richest Woman in the World (Hetty Green).

8. Visit with a Billionairess (Muriel Siebert).

9. The Venture Capital's Capitalist (Georges Doriot).

10. A Venture of Angels (Paul Bandrowski).

A Note on Sources.

Acknowledgments.

Index.

Editorial Reviews

Necessity may be the mother of invention, but experience is commonly held to be the parent of success; as any musician or writer knows, it is only through constant practice that success can be achieved. This book, the latest in a series from Forbes magazine, provides readers with a distillation of the life experience of ten leading investors. From Tom Bailey to T. Rowe Price to Benjamin Graham, great money managers have always been able to work around difficulties in the marketplace -- and with this volume, you'll be able to benefit from the successful strategies and techniques they devised while making their fortunes.

bn.com

Going on the idea that experience is the best teacher, Phalon (a Forbes magazine contributing editor) has rounded up 10 mini-essays profiling the business ideals of some of Wall Street's most successful investors. Each chapter opens with a photo, along with a caption explaining the mogul's claim to fame. The author pays homage to eccentrics (like Hetty Green, a feared stock picker in the late 19th century) and simple geniuses (including George Doriot, whose formula "bet the jockey, not the horse" was his lasting contribution) alike, making this an interesting if not pragmatic guide to investing. (Oct.) Copyright 2001 Cahners Business Information.

Publishers Weekly

Going on the idea that experience is the best teacher, Phalon (a Forbes magazine contributing editor) has rounded up 10 mini-essays profiling the business ideals of some of Wall Street's most successful investors. Each chapter opens with a photo, along with a caption explaining the mogul's claim to fame. The author pays homage to eccentrics (like Hetty Green, a feared stock picker in the late 19th century) and simple geniuses (including George Doriot, whose formula "bet the jockey, not the horse" was his lasting contribution) alike, making this an interesting if not pragmatic guide to investing. (Publishers Weekly, September 10, 2001)

From the Publisher

Most listeners will want this audio treasure to continue forever and ever. It’s a collection of mini-biographies of the men and women who blazed the trails of professional money management. Veteran Wall Street reporter and Forbes Editor Richard Phalon takes a narrative look at his subjects, weaving sophisticated bits of history and culture into his stories and, throughout the audio, offering us attractive and accessible lessons about finding value in stocks. There are moral lessons, too, as the author chronicles the trials and errors of his subjects without shifting the focus from investment to melodrama. David Hilder is a smart and cocky interpreter who adds enough edginess to this material to grab the listener’s attention and hold it tight until the last word. T.W. © AudioFile 2003, Portland, Maine

DEC 03/JAN 04 - AudioFile