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One of the challenge points on the Better World Books 2017 Reading […]
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-- The first look back on the market free-fall of 2000 and 2001 -- including perspective after the events of 9/11/01.
-- It features stories behind the numbers on why people invest in the stock market in the first place, how they go about it, and what they like to do. At the same time, we also weigh in with some of the pros, who have been as wrong as anybody.
Authors Gelsi and Calandra tell us the heartwarming stories of regular folks who got beat up in the first bear market in ten years, but decided anyway to put their savvy on the line in one of the largest stock-picking contests ever, the CBS Survivor contest in Spring 2001. More than a competition, it was about home-spun wisdom and methodology behind the stock picks in a year that rivaled 1929 as one that destroyed trillions in wealth for millions of folks. From the investment club made up of pooled money from church goers to the 91-year old contestant who picks stocks based on passing trains, to the newsroom of experts who bet on the oldest stock listed on the NYSE -- and won, this wonderful narrative lets us all know we're not in this alone.
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