Where the Money Grows and Anatomy of the Bubble - (Wiley Investment Classics) by Garet Garrett (Paperback)

About the Book

A witty satire of the characters and landmarks that make up Wall Street. Originally published in 1911, this delightfully entertaining glimpse into the dark caverns of Wall Street colorfully chronicles how money circulates in the markets and all the characters it confronts along the way. A leading financial writer at the dawn of this century, Garet Garrett's penetrating insights are just as on the mark today as when first published.

Book Synopsis

A tour d'horizon of Wall Street and the creatures who inhabit it, Where the Money Grows has withstood the test of time to become a true investment classic. Filled with salient observations and rich portraits that are as incisive today as they were decades ago, this entertaining volume brings Wall Street past and present to vibrant life. Now, with a new Foreword by Esquire financial columnist Christopher Byron, Where the Money Grows introduces a new audience to - as well as reacquaints old admirers with - a milestone work long considered to be one of the best investment books ever written. Written by Garet Garrett, a financial writer widely admired for his wry wit and inimitable sense of satire, Where the Money Grows is a colorful chronicle of the ways in which money circulates in the markets, and of the diverse, devious, and dynamic characters in hot pursuit. With insights that remain on target today, Where the Money Grows concisely captures the quirks, deceptions, idiosyncrasies, and downright craziness of the most famous street in the world.

From the Back Cover

Hugely popular when it was first published in 1911, and regarded as a classic ever since, Where the Money Grows is an honest, humorous, and richly perceptive tour of Wall Street and its enduring customs, institutions, and characters. The Street, according to author Garet Garrett, is a world populated not only by bulls and bears, but also by "wolves," "hoodoos," and "invisibles." You'll meet them all in this immensely entertaining and revealing book.

Also included is a scintillating article, "Anatomy of the Bubble," originally published in the Saturday Evening Post. In piercing prose, Garrett unmasks the "debt" bubble and displays uncanny prescience. Debt, it would seem, can be every bit as dangerous as manias and other "irrational exuberance.

About the Author

GARET GARRETT is the pseudonym of Edward Peter Garrett, a well-known financial writer and editor who worked for the Wall Street Journal, the New York Times, and the Saturday Evening Post, among other publications. Known for his witty and insightful writing on financial issues, Garrett was the author of 18 books, of which Where the Money Grows is considered the most popular and successful.