With all the gyrations in the Stock Market lately, I thought I’d try to achieve a little sanity and perspective by reading Jason DeSena Trennert’s memoir, My Side of Wall Street. Trennert has worked on Wall Street for over 30 years. He’s seen it all: ups and downs. Currently, Trennert is chairman of Strategas Research Partners. If you want an insider’s view of Wall Street, this slim book will give you that. What I liked was Tennert’s appendices where he recommends great books and movies. Check out Tennert’s picks:
GREAT WALL STREET BOOKS:
The Money Game by Adam Smith
Free to Choose by Milton & Rose Friedman
Where Are the Customers’ Yachts? by Fred Schwed
Once in Golconda by John Brooks
Manias, Panics, and Crashes by Charles Kindleberger
GREAT INVESTMENT BOOKS WORTH READING IN TIME OF FINANCIAL CRISIS:
The Forgotten Man by Amity Shlaes
The Lords of Finance by Liaquat Ahamed
The Mystery of Capital by Hernando de Soto
The Panic of 1907 by Robert Bruner & Sean Carr
Pictures of the Socialistic Future by Eugene Richter
This Time is Different by Kenneth Rogoff & Carmen Reinhart
When Money Dies by Adam Fergusson
WALL STREET MOVIES WORTH WATCHING CLOSELY:
Other People’s Money
Rogue Trader
Working Girl
Margin Call
Wall Street
Glad you’re out there staying informed for all of us, George. You need to write a weekly column on here about what we should be doing.
Patti, I’m buying oil stocks every time the Market dips. I think the price of gas will be up a year from now.
Welcome to the temple, money changers.
Bob, just think of the Stock Market as a big Casino.
Nah, more like a game with rules that keep changing.