Business Adventures

Business Adventures

Twelve Classic Tales From the World of Wall Street

Book - 2014
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From Wall Street to Main Street, John Brooks, longtime contributor to the New Yorker, brings to life in vivid fashion twelve classic and timeless tales of corporate and financial life in America.
Publisher: New York :, Open Road Integrated Media,, 2014
Copyright Date: ©1969
ISBN: 9781497644892
Branch Call Number: 332.0973 BRO NVD
Characteristics: iv, 459 pages ; 21 cm


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Nov 09, 2019

Business Adventures was written in the 1960s by John Brooks and only republished again in 2014. The book is written in a different way than other economics and business-related books. John Brooks doesn’t just talk about “tips and tricks to succeed: what businesses don’t tell you” or how employers started using some special technique to get their workers to do their job. No, it is just 12 stories written for the New Yorker by John Brooks where you have to be the one to find out the meaning and what the moral of the story was. That is actually pretty exciting! My favourite story in the book is called Texas Gulf Case of 1959. It was interesting and the message was clear to me at once. In the late-1950s, a company called Texas Gulf decided to explore the Canadian Shield. They flew all over it and saw that the radars were glitching in appr. 3000 areas. Having smart people on board, they decided to explore the areas. They bought 1 piece of land and discovered plenty of minerals that were just incredibly rare and quite expensive too. No, it doesn’t end there. The scientists that were on board realized by how much the stock prices would rise. After that, they told their families to buy stocks from Texas Gulf, and at the same time telling the public they never actually found it. There was a big scandal when everyone found out. And this is how the insider trading laws were born, kids! 5/5 @readermariacom of the Teen Review Board at the Hamilton Public Library

May 05, 2019

Disappointed. Not sure why Bill Gates and Warren Buffett recommend this as the best business book. It's not a bad book, but it's somewhat dated and most of the stories are generally not of much value in terms of practical application. My favorite chapter was ch. 9 on David Lilienthal.

Nov 12, 2014

Just finished this one yesterday, when I read the final chapter. The author feigned objectivity well, even when writing about America's governmental banking cartel. Still, he was a common Progressive in the sense that he encouraged readers to believe that a bird in the hand is worth just about the same as a bird in the bush.

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