YOU ONLY HAVE TO GET RICH ONCE by Walter E. Gutman

YOU ONLY HAVE TO GET RICH ONCE

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KIRKUS REVIEW

This is intended to be a ""how it was done"" book- for those who have achieved wealth as well as those who would like to; actually, over and above his own experience and a little actual authentication here and there, it is largely an approach to the market-some of the philosophical bases, motivational forces, psychological pressures, irrational-or whimsical factors which structure the art, mystery or excitement of making money. There's the fluctuation and impetus of ""non-reason"", sometimes valid, sometimes deceptive; the speed with which fortunes today are created (new wealth is being constantly developed and if you are going to get rich, you do it fast); the Jekyll and Hyde duality of industries and the man who govern them; the sexual forces in economic behavior (women, unpaid, are a great potential; there are female vs male patterns of spending- and investing, etc.); some approaches to security analysis and techniques (the interpretation of book value, balance sheets, although the growth concept is more profound than value at any given time); the corporation management; and finally how to be right about the stock market- ""not unreasonably difficult"" although for some, who are looking for more tangible guidance and results, this may be unsatisfyingly hazy- you have to understand what the market is trying to say and you have to have a little luck to begin with.... Gutman has been a successful writer for a Wall Street brokerage house for thirty years, and his approach is anything but staid: It is fluid, intuitive, and perhaps arguable.

Publisher: Dutton