| Great Read of a Fascinating Period in American Investing (Memphis, TN USA)... |
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| Book - Customer Review:3
Running Money: Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score Andy Kessler 
Rating: 4.0/5 Stars Rank: 5764 (Memphis, TN USA) December 2, 2004 - 5.0/5 stars I read books to learn and to be entertained. What I learned (but already knew) was the history of the tech stock craze in the later 90s. But Kessler also frames this around the Industrial Revolution and the development of the steam engine. That may be the one weakness in the book as an inordinate amount of time is spent on this analogy. It works but takes a while to get there. While he doesn't go in to great depth of the investing strategy, he does go through the general philosophies of what they were looking for and examples when they were successful. And he does it in an entertaining style. What does come through is the unique partnership he had with Fred and how it worked. Particularly at the end when they recognized the money and market were just too hot and they needed to pull back. That sounds easy in hindsight but anyone who was investing or managing money at that time will tell you how difficult it is to turn investors off after the great difficulty in getting their money. Where this book really shines is pure entertainment. With the exception of the steam engine analogy, this is a fast entertaining read written in a very witty style. Kessler is a gifted writer and I wouldn't be surprised to see him move to novels eventually. This book is like a perfect college class: you get entertained but learn something also. I strongly recommend this book to investors or anyone with interest in the history of technology companies.
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Editorials(11) | Product Info | Product Listings Customer ReviewsRunning Money: Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score Andy Kessler Customer Review
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EditorialsSample 3 of 11Running Money: Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score Andy Kessler
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