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100 Years of Wall Street
Book

100 Years of Wall Street

Charles R. Geisst
McGraw-Hill, 2000

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Editorial Rating

7

Qualities

  • Eye Opening
  • Background
  • Engaging

Recommendation

Charles R. Geisst’s enjoyable book chronicles Wall Street in the 20th century. He effectively captures the feel of the various boom and bust periods. The clear, informative text is supplemented with incredible black and white photographs of each period’s key events and people, making it very evocative and intriguing. getAbstract recommends this book to anyone – not only someone in business – who wants to learn about Wall Street’s history. It would make a great gift for anyone who works in the financial industry or for a young person who is interested in how money works.

Take-Aways

  • Equity investing is a hallmark of the American investor.
  • The introduction of new technologies at the start of the century (the telephone) and at the end of the century (the Internet) intrigued investors and attracted more money into the financial markets.
  • We tend to forget that prior to the crash of 1929, Wall Street was an unregulated market.

About the Author

Charles R. Geisst’s previous book, Wall Street: A History, was a New York Times Business Bestseller in 1977. It was a selection of the History Book Club and the Book-of-the Month Club International. Geisst, formerly a capital markets analyst and investment banker in London, is also an experienced financial consultant for banks. The author of eleven other books, he has also published widely in professional journals and news magazines.

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