This classic of the 1960s bull market offers a cautionary tale for today's investor of the personalities, markets, events and trends that drove stocks up throughout the 1960s and made millionaires of many - until the inevitable crash of 1970.
The Go-Go Years is the story of a pivotal era in American financial history. This was the decade of the youth revolution, growth and performance concepts, gunslingers, and mutual funds - a decade that witnessed the advent of new issue stocks, creative accounting, Chinese money, and conglomerates. Much has been written about the 1960s, but few books have captured what really happened on Wall Street during those fateful years.
Award-winning writer John Brooks brings to life the people, places and extraordinary circumstances that changed the course of the stock market forever. Included are such dramatic performances as:
Henry Ross Perot losing $450 million in the course of one day
Saul Steinberg's grand attempt to take over Chemical Bank
The self-destructive fall of America's 'Last Gatsby', Eddie Gilbert
'In the end' writes Michael Lewis in the Introduction, 'The Go-Go Years is not to be read in the usual manner of Wall Street classics. You do not read this book to see our present situation re-enacted in the past, with only the names changed. You read it because it is a wonderful description of the way things were in a different time and place'.
'John Brooks may very well be the best historian of high and low finance since Charles Francis Adams and his brother Henry chronicled the rascalities of Jim Fisk, Jay Gould , Daniel Drew and Cornelius Vanderbilt more than a century ago.
Yale Law Review
'Those for whom the stock market is mostly a spectator sport will relish the book's verve, color and memorable one-liners. They will appreciate the pauses Brooks makes in his narrative to detail how the market really works.'
New York Review of Books
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