Wealth Secrets of the One Percent: A Modern Manual to Getting Marvelously, Obscenely Rich is actually a history book masquerading as a “Self-Help” book. Sam Wilkin dazzles with stories of J. P. Morgan, Andrew Carnegie, John D. Rockefeller, and other mega-wealthy people. “Secrets” include being first to market a popular product (like Bill Gates did at Microsoft and Steve Jobs did at APPLE) and establishing a monopoly over a key industry (AT&T). Wealth Secrets of the One Percent is written for a wide audience–no financial jargon here. If you’re looking for an entertaining history of wealth, I recommend Sam Wilkin’s fine book to you. GRADE: A
TABLE OF CONTENTS:
Introduction
Why is it so hard to get rich?
Wealth secrets of the ancient Romans
Wealth secrets of the robber barons
Wealth secrets of today’s one percent
Wealth secrets of the Forbes global rich list
Dot.com wealth secrets
Seven secrets of spectacularly rich people.
Acknowledgements
Notes
Index
George, I occasionally read articles and opinion pieces on these topics, but only if they have no financial jargon. The table of contents looks interesting.
Prashant, WEALTH SECRETS OF THE ONE PERCENT is jargon-free. In fact, Wilkin explains credit default swaps and derivatives better than than anyone I’ve read.
The biggest secret is in buying yourself a Congress.
Patti, so true! And to have a SuperPak.
Darn! Patti beat me to the nifty one-liner…and it’s absolutely true. Of course, the follow-up is to build a media conglomerate that has managed to convince about one-fourth of the electorate that the problem with our fiscal situation these days is not that one percent of our population controls ninety percent of the wealth but that we’re going broke because we’re providing free lunches to hungry school kids.
/Dismounting soapbox now!
patti/deb that is so true, and so hard for me to understand why others can’t see it.
Maggie, the Rich like to disguise their motives and methods. And they get away with it!
Deb, I love it when you ascend to your soapbox! Politics has a lot to do with who gets wealthy.
We need a followup by George on how he did it!
Jeff…luck!
There is also (as Jackie just pointed out) the time honored way that Trump did it – inherit it from Daddy.
Jeff, that’s how J. P. Morgan became wealthy, too! It helps to have a Rich father.
I started to write a book titled POVERTY SECRETS OF THE 99% but I realized my target audience couldn’t afford to buy it.
Jerry, Abbie Hoffman had a solution to this problem: he titled his tome STEAL THIS BOOK!
Isn’t this called socialism or even communism in the USA to just talk about the fact that income distribution is very skewed?
How dare you?
PS and OT:
I wish everybody a Merry Christmas and a Happy new Year!
My wife’s nephew (Physics prof at Vanderbilt – not bad for a boy from Hungary …) who lives with his family near Nashville just told his mother on the phone that Tennessee expects tornadoes today and over Xmas – just hoping nobody gets hurt!
We have around 14 degrees Celsius right now in Central Europe, normally it should be below zero with lots of snow, but no White Christmas this year …
Wolf, we’re likely to set high temperature records on Christmas. Not a speck of snow in sight! Merry Christmas to you and your family!
I need this book like I need another Clinton in the White House–not a whit!
Bob, be careful what you don’t wish for!