Trillionaire Next Door: The Greedy Investor's Guide to Day Trading
by:
Borowitz, Andy
Publisher:
HarperCollins Publishers
Published:May, 2000
ISBN:0066620767
Format:Hardcover
Pages:103
Description:
From Publishers Weekly
It's hard to dislike any book that's dedicated to OprahAin the blatant hope that she will endorse it on her television showAthen blithely dismisses $9 billion as "chump change." Borowitz, a magazine writer whose humorous satires
have appeared in the New Yorker and the New York Times, has captured the style that permeates just about every get-rich-quick book: a knowing tone coupled with ridiculous mathematical abstractions. "Five years ago, no one traded stocks online. Today,
over one quarter of all investors are trading electronically. Do the math; at this rate, in 20 years, there will be more day traders in the United States than people." As in all these books, Borowitz presents "the essential 10 rules" of becoming a
trillionaire, each of which is followed by a "real quote" from a day trader. Rule number seven is typical: "Control your emotions." The quote: "I try not to take this business seriously, but some of my stocks are really out to get me." Essentially a long
magazine piece padded with graphics (such as an asset-allocation pie chart divided into segments marked "Day Trading," "Lotto" and "Poking Around on the Beach with a Metal Detector"), this is nonetheless an entertaining diversion.
Copyright 2000 Reed
Business Information, Inc.
Product Description:
When Getting Rich Quick Just Isn't Fast Enough!Many day trading books on the market today contain dubious advice, but never before has there been a book guaranteed to contain 100 percent dubious
advice--until now.
The Trillionaire Next Door is that book. Inside you'll find: The rock-solid, scientific principles of day trading explained in language so clear and concise it's almost insulting A glossary of key economic terms for the day
trader, like "mousepad" and "click" Advice for the long-term investor: which stocks to hold in your portfolio for five, ten, fifteen minutes or more Confusing, meaningless graphs and charts Bad math And much, much more--but since day traders have short
attention spans, not too much more
"If The Trillionaire Next Door were a stock, I'd buy it, sell it, buy it, sell it, and buy it again--it's that good!" --Stacy Gellman, day trader
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