Take on the Street: What Wall St. and Corporate America Don't Want You to Know / What You Can Do to Fight Back

商家名称	信用等级	购买信息	订购本书
		Take on the Street: What Wall St. and Corporate America Don't Want You to Know / What You Can Do to Fight Back
		Take on the Street: What Wall St. and Corporate America Don't Want You to Know / What You Can Do to Fight Back

In Take on the Street, Arthur Levitt--Chairman of the Securities and Exchange Commission for eight years under President Clinton--provides the best kind of insider information: the kind that can help honest, small investors protect themselves from the deliberately confusing ways of Wall Street.

At a time when investor confidence in Wall Street and corporate America is at an historic low, when many are seriously questioning whether or not they should continue to invest, Levitt offers the benefits of his own experience, both on Wall Street and as its chief regulator. His straight talk about the ways of stockbrokers (they are salesmen, plain and simple), corporate financial statements (the truth is often hidden), mutual fund managers (remember who they really work for), and other aspects of the business will help to arm everyone with the tools they need to protect—and enhance—their financial future.


From the Trade Paperback edition.

网友对Take on the Street: What Wall St. and Corporate America Don't Want You to Know / What You Can Do to Fight Back的评论

本书详述了作者主持美国证監会期间所推动的各项改革，遭遇的各类阻力，双方搏奕的经过，以及结果。十分精彩！改革之难，在美国，亦是难如上青天。书中详述了美国的金融界中各份子是如何的利益勾结，分析师给烂公司出具推荐买入的研究报告，但其实只是在做托，会计事务所WHY ＆ HOW为企业出具假财报，导致投资人被坑。5大会计事务所，投行，上市公司又是如何勾结？如何抗拒改革？

投行，会计事务所，上市公司，成功的抗拒了SEC的改革。得以继续将资质不佳的证券，卖给了全世界。结果他们也并不能笑多久。。。2002的安然事件，2008的金融危机，最终，这些曾经能夠力抗SEC的巨人，如ANDERSON，M LYNCH。。。亦纷纷的破产倒斃了。

世事之吊诡，莫过于此。

The perspective of the former SEC chairman can be very useful for ordinary investors. I learned, for example, how and why some important accounting standards were changed in recent times. This helps me to read financial reports with a better focus. The politics of the investment community was also very interesting. The letters from politicians to the SEC, questioning SEC's proposal to limit the amount of consulting work that accounting firms could do for their audit clients, were particularly enlightening. The expose of how a small group of people can influence policies of public interest is already worthy of the price. I was not completely naive before, but reading such letters from people who gained power by claiming to be protectors of public interest swings the argument for more safeguards for small investors. Self-regulation of professional bodies simply does not work, at least as far as the accounting profession is concerned.
I would have been even happier if the book were to go deeper, and gave more examples, on the issue of number games, in place of the last chapter, on 401K. But the existing chapters on accounting tricks already contained more beef than those in the other book, 'Financial Shenangans' by Schilit, which were very repetitive and not much depth.

I have the audible format, but I am going to keep a print copy. I follow stock market every day, i know the tricks of the analysts. They downgrade stocks when those have already depreciated almost 80%, and upgrade and make 'strong buy' recommendation when stocks have already rocket high. Why? you know why! Luckily, we still have some good stock analysts, though there are not many.
I absolute agree with what Levitt says: brokers are no more than a salesman.... Don't listen to your broker for using margin account... Should avoid using margin account at all cost..
What have happened this year on the Street? Why the big invesment firms have to pay 1.4B fines last week? As an individual investor, you know why.
I highly recommen this book/audible listen to individual investors and those who wish to revisit how they make money from making untruth recommendations to their clients.

I am an individual investor and loved every thing Arthur has to say about the current system and how the odds are stacked against an individual investor. If you don't work in the financial industry but like investing and want to learn then it is a must read. It's amazing to see how dishonest and corrupt the industry and lobbyist have become .

A friend lent me this book after I started investing in an effort to temper
my new found enthusiasm and naiveté for the market. It succeeded and I also
learned much of the evolution of the stock market with respect to the individual
investor. It showed me where to look for reputable independent market analysis which
I've used to my benefit. The section on how to evaluate a balance sheet is priceless.
My only problem with the book is that it can get a little chatty at times but it was
well worth it.

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