100 Minds That Made the Market

by Fisher, Kenneth L.

• ISBN13: 9780470139516
• ISBN10: 047013951X
• Edition: 1st
• Format: Paperback
• Copyright: 2007-08-24
• Publisher: Wiley

Summary

Wall Street is an institution that some, especially today, seem to take for granted. It didn't appear one day from some biblical fairy tale. Instead, Wall Street exists as it does because of nearly two centuries of pioneering, innovation, perspiration, mistakes and scandals. Throughout Wall Street's evolution, survival of the fittest dicated which innovations would be incorporated and which mistakes would be corrected - and it was these inprovements that made the market the wonderful institution so many now take for granted. But it was the individuals behind the improvements who drove the making of the market. This book presents 100 such people, each of whom contributed something - a lesson, an innovation, or a scam. Their minds made the innovations and their impact made the market what it is, so ultimately and simply, it was their minds that made the market - hence the book's title. Looking back on their lives in invaluable for anyone who never stopped to think how the market came about and essential for everyone connected with today's market and tomorrow's future. As the saying goes, "Those who do not learn from past mistakes are doomed to repeat them." Here you have 100 of the best teachers available to save you from learning the hard way the lessons their lives so vividly portray. In reading 100 Minds That Made the Market, you will find the story behind Wall Street's gradual formation as fascinating and engrossing as the market itself.

Author Biography

Ken Fisher is best known for his prestigious "Portfolio Strategy" column in Forbes magazine, where his twenty-three-year tenure of high-profile calls makes him the fourth longest-running columnist in Forbes' ninety-year history. Ken is the founder, Chairman, and CEO of Fisher Investments, a multi-product money management firm with over $40 billion under management. His success has ranked him #297 on the 2006 Forbes 400 list of richest Americans. He is a regular in the media and has appeared in most major American finance or business periodicals. Fisher also recently authored the New York Times bestseller The Only Three Questions That Count, also published by Wiley.

Table of Contents

Preface

Acknowlegments

Foreword

Introduction

The Dinosaurs

Out of the Ghetto and into the Limelight

When Cash Became King-and Credit Became Prime Minister

The First Richest Man in America Financed Privateers

A One-Man Conglomeration

A Man Above The Law

A Finder of Financing and Financiers

The Last of the Modern Manipulators

Much "To Drew" About Nothing

Stick To Your Knitting

Journalists and Authors

His Last Name Says It All

You Can't Separate Rodgers and Hammerstein

"Stock Exchange Gambling is the Hell of it All . . . "

He Made Financial Reporting Human

You Couldn't Separate His Facts from His Fiction

A Heavyweight Journalist

The Father of Security Analysis

The Elegance of Overview on a Single Page

One Mind that Helped Make Millions More

Investment Bankers and Brokers

He Represented Europe's Financial Stake in America

Role Models For So Many Wall Street Firms

History's Most Powerful Financier

The Other Side of the Street

He Left the Comfy House of Morgan to Ride a Bull Moose

John Pierpont "JACK" No One Ever Had Bigger Shoes to Fill

The Beacon for a Whole Generation

He Challenged Tradition and Symbolized the Changing World

The Thundering Herd Runs Amok in the Aisles of the Stock Market's Supermarket

The Father of Froth-He Knew the Lingo, Not the Logic

The Role Model for Modern Investment Bankers

The Innovators

"Lucky" Baldwin: When You're Lucky, You Can Go Your Own Way

He Turned Politics into Monopolistic Power

America's First Holding Company

A Sage for all Seasons

Innovative Statistician and Newsletter Writer

Widely Known as the Father of Growth

The Original Modern Corporate Raider

The Father of Modern Investment Management

The Father of Venture Capital

The Father of Conglomerates

Bankers and Central Bankers

The Father of Central Banking Wasn't Very Fatherly

The Godfather of American Finance

A Civilized Man Could Not Beat a Buccaneer

Psychic Heads America's Largest Bank

A Role Model for Any Wall StreetWanna-Be

Looking Before Leaping Pays Off

Taking the Pulse of Wall Street Out of New York

Founder and Critic of Modern American Central Banking

Had Strong Been Strong the Economy Might Have Been, Too

No, This Isn't the Guy From the Beatles

Wall Street's First Notable Female Professional

The Piston of the Engine that Drove the Roaring 20s

America's Greatest Bank Heist-Almost

Into the Cookie Jar

New Deal Reformers

One of the Seeds of

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