The Street's Real Money: Summary

In the article “Money: The Real Truth about Money” by Gregg Easterbrook published In Time Magazine (2005), the author compares two different generation’s attitudes towards money, and how it affects their happiness. The author’s standing qualifies him to write and appeal this issue, he’s a contributing editor of The Atlantic and The Washington Monthly, and he also writes the Tuesday Morning Quarterback column for ESPN.com. Easterbrook’s primary audience appears to be middle class Americans however he draws a wider secondary audience’s attention. The author succeeded in convincing his readers through his rhetorical appeals, credible sources and his clever use of language.

-The advice about investing in the stock market that I found most interesting was that the longer you hold your investments, the greater the probability is of them working.

Throughout our lives, we have moments that may impact us negatively and/or positively. In the short story “the money” by Junot Diaz we see his mother saving money to send to her parents in the Dominican Republic but his family is already in a struggle to survive. Then there was a turning point for the whole family, they were robbed. Diaz’s mother was enraged by the event “she cursed the neighborhood, she cursed the country, she cursed [his] father, and of course, she cursed [the] kids,” assuming that one of Diaz’s friends or his siblings’ friends had something to do with it (Diaz 3). Diaz suspected one of his friends and he was right. So, he then took it into his own hands and went to steal the money back. Once Diaz retrieved the money, he

Investing behavior should be driven by information, analysis, and self-discipline, not by emotion or ‘hunch.’

In order to succeed in any business, it is extremely important to understand the stock market. In this assignment we were asked to follow the stock market continuously for four months and understand the market. The stock market is a global marketplace, where goods and services are traded in the form of equities.

Finally, the Great Depression had warned the current generation of the risks and vulnerability of the stock market. There are several resources to advise us how to invest in stock in an easier, safer and efficient

Look at Warren Buffet, who is famous for investing only in companies and businesses that he understands. Certainly in the post-Madoff world, this is an important tenet. Not understanding how an investment proposes to give you a return is a big mistake. So the second key is: understanding.

Reading “The Money” by Junot Diaz gave me the impression that Diaz was raised in a strict but disciplined household. There are many parallels between my life and Junot Diaz’s life. We both came from low-income families struggling for that pesky paycheck. When we did receive that paycheck, most of it ended up going back to our homelands to support the family we had left behind and or pay off the houses we owned or rented there. We both lived in the rough parts of our neighborhoods where the recently moved in immigrants were victim to robberies and cons. Coincidentally, I experienced a very similar situation that Junot Diaz described in his story.

Do film versions of written words hold onto the original author’s message or do they give them an injustice? This research will look at the short story "Bartleby, the Scrivener: A story of Wall Street and compare it to Jonathan Parker's 2001 film version "Bartleby." Herman Melville wrote the short story “Bartleby, the Scrivener: A story of wall street” in 1853, narrating a tale from a lawyer about his strange behaved office clerk Bartleby. In 2001 Johnathan Parker of Parker productions turned that story into a film, “Bartleby.” However, Jonathan Parker makes many changes from the classic original wrote by Herman Melville in 1853. Even though many differences in Jonathan Parker's film version of "Bartleby" have been found to change the

Several key elements of Miller’s contrarian strategy included: 1) buy low-price, high intrinsic-value stocks; 2) take heart in pessimistic markets; 3) remember that the lowest average cost wins; 4) be wary of valuation illusions; 5) take the long view; 6) look for cyclical and secular underpricing; 7) buy low-expectation stocks; 8) take risks.

If you are a new investor who is interested in investment history or how to make investments, purchase this book by Burton G. Malkiel. This book is ideal for any experienced investor who wants to brush up on their knowledge of investment techniques and theories also. There are not many books that have been written about investing. A Random Walk Down Wall Street is broken down into four parts which include; Stocks and Their Value, How the Pros Play the Biggest Game in Town, The New Investment Technology and A Practical Guide for Random Walkers and Other Investors. In total, there are fifteen chapters that cover a lot of key points that many will find interesting and informative.

I believe that people should invest safely into the market by buying either mutual funds or going to someone that will make sure they can manage a positive grossing portfolio. My problem with the stock market is I like to gamble and this is gambling, I enjoy buying more quantity of stocks instead of diversifying more of my portfolio. During this entire project I picked out incredible stocks. If I just waited to sell the stocks I would have made over 20,000 dollars. However, no one can guess where the market would turn out. The thursday before the assignment was due I was in second place and that afternoon the tech stocks just crash and keep going into

There are a few terms new stock investors should learn before actually beginning to put money into the stock market. You hear words like “shares”, “assets”, and even “earnings” when you watch or listen to people on the television. Shares are a percentage of the company, if you buy a share; you own a small percentage of it and its earnings. Earnings are all the money that the company makes. Assets involve all the company owns, for example, trademarks, equipment, and even the buildings their workers work in. Companies put their assets and

There is a sense of complexity today that has led many to believe the individual investor has little chance of competing with professional brokers and investment firms. However, Malkiel states this is a major misconception as he explains in his book “A Random Walk Down Wall Street”. What does a random walk mean? The random walk means in terms of the stock market that, “short term changes in stock prices cannot be predicted”. So how does a rational investor determine which stocks to purchase to maximize returns? Chapter 1 begins by defining and determining the difference in investing and speculating. Investing defined by Malkiel is the method of “purchasing assets to gain profit in the form of reasonably

Niall Ferguson clearly illustrates several economic principles and findings that are also illustrated in our Macroeconomics class. These concepts are seen in Episodes 5 and 6 of The Ascent of Money of money series. “Safe as Houses” and “A Financial History of The World” are both episodes that Ferguson uses to emphasize concepts that are also seen in our Macroeconomics. Some of the concepts that are seen in these episodes are property ownership and the finances that come with the ownership of property. Because of these two episodes it is easy for me to understand these concepts.