In a way, reading the book made me feel the markets have changed dramatically since then, and yet remain very much the same as then. Never try to guess the top. Complete with tips on achieving longevity, financial security, and emotional satisfaction, an elder statesman's look back in obvious pleasure, albeit no great depth, on a fulfilling life. The flip side of that rule is not to be greedy with profits. That advice alone could serve many well.
Mention the name Roy Neuberger and several awe-inspiring images come to mind. This book tells his story. Then, there is the esteemed philanthropist and patron of the arts who has graciously donated most of his private art collection to museums and institutions around the country. In fact, it feels a little like he speaks his thoughts out to you while you are reading the book. Amazon and Books Depository both have it in stock though, with free worldwide shipping for Books Depository.
He also started one of the oldest and most respected money management firms, and one of the first no-load mutual funds. I also felt that we were heading for a bear market, and I acted on that judgement. Epilogue: So Far, So Good. It shows a portrait of Neuberger in a pretty avant-garde style. Description: xviii, 221 pages : illustrations ; 24 cm Contents: The Roots of Joy.
Berman opened his own firm in 1940. Great mix of stories of France in the 1920s art world, his start on Wall Street, building a great firm, founding a museum and his investing wisdom. Kirkus Reviews The Roots of Joy. It seems like he doesn't make big bets, he has no emotional issues, and his success was basically a step-by-step process. When you have been around this long, Neuberger notes, you tend not to be taken in by fads and realize that profiting on every dollar is not possible.
If you want to buy the book, please do consider buying it from my affiliate links below. Availability based on publisher status and quantity being ordered. Over the years, I've lost quite often, but obviously I've won more than I lost. As inspirational as it is compelling, this stirring memoir recounts Neuberger's remarkable journey and enduring reign as one of the most prominent and fascinating figures of finance. And, conversely, I'm very bullish when the markets drops perceptibly because I feel it has already discounted any troubles we are going to have. In fact, I couldn't discern from the book that he was a tape-reader.
Roy was an amazing man and this book captures his first 94 years wonderfully. A young man of independent means, he subsequently settled in Paris, where his tennis skills and interest in the fine arts ensured him an active social life. A pretty typical hardcover, about B5 size. That, and along with some of his observations relating to the market, are probably the most market-related bits. By now married with children, Neuberger in partnership with Robert B.
Following a comfortable childhood in New York City, Neuberger who was orphaned at 13 dropped out of college to work as a fabrics buyer at B. The main appeal of this book stems from his Wall Street perspective as he recalls events from just before the crash of 1929 to today. As the time, I was using all of the life experience I had acquired by age 26, particularly common sense, a commodity sometimes in short supply on Wall Street. Nearly six decades later, the firm occupies a secure niche in the ultracompetitive securities business, largely on the strength of its co-founder's skills at value investing, and can claim credit for creating one of the industry's first no-load mutual funds Guardian. Minimum starts at 25 copies. The cover is pretty unique for an autobiography. I considered the Panic to be the signal of a disease in our economic environment.
Germain to Wall Street: The Panic of 1929. Ninety-three year old Roy Neuberger started trading just seven months before the 1929 crash, where he made a killing. I studied the market and learned fast that something was wrong. Epilogue: So Far, So Good. We pride ourselves on delivering quality experiences, but we recognize that value is a factor when making a purchase. It was there that he learned about business and trading, and was introduced to the world of art. Neuberger was born at the turn of the century to a businessman father and a musician mother, both of whom passed on to him qualities and interests that would profoundly influence his life.
Making Money in Hard Times. It really goes a long way in supporting this site. He spent his earliest years in Bridgeport, Connecticut, then moved with his family to New York City, a place he's called home for more than eight decades. Any opinions or information contained on this website is provided as general commentary on the book or extension of the book itself, and does not constitute any investment or trading advice. The white paper is of good quality, if slightly rough to the touch. If you find a retailer that has a better advertised price than our website, let us know and we will do our best to match it. Making Money in Hard Times.