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The Devil's Financial DictionaryBy Jason Zweig
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Your Survival Guide to the Hades of Wall Street
The Devil’s Financial Dictionary skewers the plutocrats and bureaucrats who gave us exploding mortgages, freakish risks, and banks too big to fail. And it distills the complexities, absurdities, and pomposities of Wall Street into plain truths and aphorisms anyone can understand.
An indispensable survival guide to the hostile wilderness of today’s financial markets, The Devil’s Financial Dictionary delivers practical insights with a scorpion’s sting. It cuts through the fads and fakery of Wall Street and clears a safe path for investors between euphoria and despair.
Staying out of financial purgatory has never been this fun.
- Sales Rank: #289103 in eBooks
- Published on: 2015-10-13
- Released on: 2015-10-13
- Format: Kindle eBook
Review
“You'll love this book. Zweig cuts through financial hypocrisy to expose Wall Street's cynical core, and does it hilariously. You'll also get some super-smart investment tips. One of my favorite devilish definitions: 'Broker: Buys and sells stocks, bonds, mutual funds, and other assets for people who are under the delusion that the broker is doing something other than guesswork.'” —Jane Bryant Quinn, author of Making the Most of Your Money Now
“Both witty and wise—with just a refreshing dash of cynicism—The Devil's Financial Dictionary should be on every desk on both Wall Street and Main Street.” —John Steele Gordon, author of An Empire of Wealth and The Business of America
“A delightfully humorous and stunningly irreverent Ambrose Bierce for financial markets. This satirical critique of what passes for wisdom on Wall Street belongs on the bookshelf of every serious investor.” —Burton G. Malkiel, professor of finance emeritus, Princeton University; author of A Random Walk Down Wall Street
“The Devil's Financial Dictionary is witty, irreverent, skeptical and humorous—making it an entertaining read for those within and outside the financial industry.” —Manhattan Book Review
"Vintage Jason Zweig: entertaining, truthful and oh so telling about Wall Street. The definition of Day Trader -' n. See IDIOT' - says it all. Any investor who does not read this witty, insightful and rueful reminder of Wall Street's financial follies is an IDIOT!” —Consuelo Mack, anchor and executive producer, Consuelo Mack WealthTrack
"Jason Zweig is a journalist known for his wise investment counsel. But he also has a wicked wit, which is on full display in The Devil's Financial Dictionary. A fun romp for those who don't take themselves too seriously." —Michael J. Mauboussin, head of global financial strategies, Credit Suisse; author of The Success Equation and Think Twice
“Jason Zweig has long been a brilliant financial journalist. People who have listened to Jason have shielded their assets from the purveyors of costly and useless advice. In The Devil's Financial Dictionary, Jason turns his wit and insight to arming us with an understanding of the financial terms that too many professionals use to intentionally baffle investors.” —Max H. Bazerman, co-director, the Center for Public Leadership, John F. Kennedy School of Government, Harvard University; author of The Power of Noticing
“Inspired by Ambrose Bierce's masterpiece The Devil's Dictionary, Jason Zweig takes an equally beautiful and cynical view of the entire finance industry.” —Farnam Street
“If finance were stand-up comedy, Jason Zweig would be its Groucho Marx—a serious man with a wild sense of humor: 'Dog: A stock that obeys no command except DOWN'…need I say more?” —Laurence B. Siegel, research director, CFA Institute Research Foundation
“Fun, interesting, irreverent, and well-informed, Jason Zweig scores again. You'll laugh and cry—and send copies to your friends.” —Charles D. Ellis, founder, Greenwich Associates; author of Winning the
"Cynical and exceptionally witty, this book shines a light into the unlit corners of finance. After a lot of laughs, I walked away with a less distorted view of reality." —Shane Parrish, CEO of Farnam Street Media
"Broad experience, thorough conversance with history, unusual insight, and dashes of humor and cynicism. This is what you need to understand the world of investing, and this is what you'll find in The Devil's Financial Dictionary by Jason Zweig." —Howard Marks, Co-Chairman, Oaktree Capital Management, L.P.; author, The Most Important Thing: Uncommon Sense for the Thoughtful Investor
"'Witty' and 'fun' are two adjectives that may never have been used to describe a dictionary, but they apply to this one. But it is not just jokes; I learned a lot browsing around in this clever little book.” —Richard H. Thaler, professor of behavioral science and economics at the University of Chicago Booth School of Business; author of Misbehaving and co-author of Nudge
“Part social commentary, part instruction manual, Zweig's book is must-reading for anyone who presumes or desires to understand the investment world…. Like the book in which they're contained, each of Zweig's entries is pointed, witty, and revealing of important and useful truths. The Devil himself, a.k.a., [Ambrose] Bierce, would be proud.” —TIME
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