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"In this book, John Brooks - who was one of the most elegant of all business writers - perfectly catches the flavor of one of history's best-known financial dramas: the 1929 crash and its aftershocks. It's packed with parallels and parables for the modern reader." - From the Foreword by Richard Lambert Editor-in-Chief, The Financial Times
Once in Golconda is a dramatic chronicle of the breathtaking rise, devastating fall, and painstaking rebirth of Wall Street in the years between the wars. Focusing on the lives and fortunes of some of the era's most memorable traders, bankers, boosters, and frauds, John Brooks brings to vivid life all the ruthlessness, greed, and reckless euphoria of the '20s bull market, the desperation of the days leading up to the crash of '29, and the bitterness of the years that followed.
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- Brad Gillespie
A must read for investors
If you're a professional investor or just working with your retirement accounts, history can be key to better results. This audiobook clarified the 1920s and 30s and helped me understand current regulations based on how they came about. Warren Buffett had this book on his recommended list at this year's Berkshire Hathaway annual meeting.
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Slow but interesting
If you like hearing about Jesse Livermore, JP Morgan and the like this is for you. The story is timeless but at times gets bogged down in the details that are frankly not that important.
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