Title: Business Adventures Pdf Twelve Classic Tales from the World of Wall Street
What do the $350 million Ford Motor Company disaster known as the Edsel, the fast and incredible rise of Xerox, and the unbelievable scandals at General Electric and Texas Gulf Sulphur have in common? Each is an example of how an iconic company was defined by a particular moment of fame or notoriety; these notable and fascinating accounts are as relevant today to understanding the intricacies of corporate life as they were when the events happened.
Stories about Wall Street are infused with drama and adventure and reveal the machinations and volatile nature of the world of finance. Longtime New Yorker contributor John Brooks’s insightful reportage is so full of personality and critical detail that whether he is looking at the astounding market crash of 1962, the collapse of a well-known brokerage firm, or the bold attempt by American bankers to save the British pound, one gets the sense that history repeats itself.
Five additional stories on equally fascinating subjects round out this wonderful collection that will both entertain and inform readers . . . Business Adventures is truly financial journalism at its liveliest and best.
An interesting read A great collections of some amazing business events from the 1960's. Truly timeless in their appropriateness in a business context. I highly recommended this book to anyone interested in business and ethics to a large degree.An interesting read. Not as good as advertised Yes, like many people I read that Warren Buffett and Bill Gates both consider this book 1 of the best ever written. In fact, as the story goes, Bill Gates got his copy from Warren Buffett.Other than the interesting history in the book, it is of limited value in the current business world. It would be a can to reading about how hard it was treating medical diseases in the 1900s before the invention or discovery of antibiotics and anesthesia. It's interesting but of historical interest only. There's very little that can be gleaned or used in today's current and modern world.I'm old enough to remember all of the anecdotes and stories that are told. However, even I can understand how many of the descriptions and explanations of the business issues are not applicable in today's world.Read it for idle curiosity. Do not expect any great insight.Anecdotes on Business I had heard, as I think everyone else has, that Business Adventures was a favorite book of Bill Gates and Warren Buffet. I read the ebook, and I understand a print version will be forthcoming in September.This book makes me feel as though I'm sitting at the knee of my grandfather, listening to wise recollections.A writer of articles in the 1950's and 1960, many for the New Yorker, the author intelligently and thoughtfully steps through 12 events, one per chapter.At first I thought perhaps I was particularly dense and wasn't getting the message. What held these stories together? Eventually, I realized that the author is not driving home a point, selling anything, or giving advice. His observations leave room for the reader to consider events, their connections, their parallels to today, the importance of character, and the question of morality in business. It was refreshing not to be told what to think.I enjoyed the stories of Ford's Edsel, Piggly Wiggly, Xerox, Goodrich vs Latex.The chapter on the federal income tax is particularly relevant, given the wide-spread debate about taxes and modern conversations about the 1%.John Brooks' perspective is firmly rooted in the past, when the book was written, and provides readers opportunity for a sense of omniscience since we can consider ramifications the author himself could not be aware of, at that time.Times may change. People do not.
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