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The High-Beta Rich: How the Manic Wealthy Will Take Us to the Next Boom, Bubble, and Bust

Robert Frank




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 | #919941 in eBooks |  2011-11-01 |  2011-11-01 | File type: PDF

||0 of 0 people found the following review helpful.| It Ain't Rocket Science|By Kathy Edens|What it is, is an entertaining book that simply reinforces that a common sense approach to wealth is not practiced by the ultra wealthy. Their wild spending sprees, risky business ventures, lavish parties are all symptoms of a mindset that is juvenile and irresponsible. Much like his book Richistan, Mr. Frank profiles several members of th| |"The High-Beta Rich vividly illustrates how the wealthy and those they employ have become increasingly tied to the vicissitudes of the stock market and the macroeconomy. It is a cautionary tale for all." ---Steven Neil Kaplan|About

The rich are not only getting richer, they are becoming more dangerous. Starting in the early 1980s the top one percent (1%) broke away from the rest of us to become the most unstable force in the economy. An elite that had once been the flat line on the American income charts - models of financial propriety - suddenly set off on a wild ride of economic binges.      
      
Not only do they control mor...

You can specify the type of files you want, for your gadget.The High-Beta Rich: How the Manic Wealthy Will Take Us to the Next Boom, Bubble, and Bust   |  Robert Frank. Which are the reasons I like to read books. Great story by a great author.

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