Cover image for The trillionaire next door : the greedy investor's guide to day trading
Title:
The trillionaire next door : the greedy investor's guide to day trading
Author:
Borowitz, Andy.
Personal Author:
Edition:
First edition.
Publication Information:
New York, NY : HarperCollins, [2000]

©2000
Physical Description:
103 pages : illustrations ; 22 cm
Language:
English
Added Author:
ISBN:
9780066620763
Format :
Book

Available:*

Library
Call Number
Material Type
Home Location
Status
Central Library HG4515.95 .B67 2000 Adult Non-Fiction Non-Fiction Area
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Summary

Summary

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


Reviews 1

Publisher's Weekly Review

It's hard to dislike any book that's dedicated to OprahÄin the blatant hope that she will endorse it on her television showÄthen 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. (July) (c) Copyright PWxyz, LLC. All rights reserved


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