The Go-Go Years
by John Brooks
2020-07-20 15:08:06
The 1960s bull market was a wild time of unbridled growth and stellar performance. It remains a pivotal era in American financial history, a time of corporate gunslingers, mutual funds, new-issue stocks, Chinese money, and the conglomerates. But it i...
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The 1960s bull market was a wild time of unbridled growth and stellar performance. It remains a pivotal era in American financial history, a time of corporate gunslingers, mutual funds, new-issue stocks, Chinese money, and the conglomerates. But it is also a cautionary tale of Wall Street for today's investor, chronicling the personalities, markets, events, and trends that drove stocks up throughout the 1960s and made millionaires of many - until the inevitable crashes in the 1970s. The Go-Go Years is the harrowing and humorous story of the growth stocks of the 1960s and how their meteoric rise caused a multitude of small investors to thrive until the devastating market crashes in the 1970s. It was a time when greed drove the market and fast money was being made and lost as the 'go-go' stocks surged and plunged. Included are the stories of such high-profile personalities as H. Ross Perot who lost $450 million in one day, Saul Steinberg's attempt to take over Chemical Bank, and the fall of America's 'Last Gatsby,' Eddie Gilbert. 'Those for whom the stock market is mostly a spectator sport will relish the book's verve, color, and memorable one-liners.' New York Review of Books
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