Confessions of a Stockbroker book.
Confessions of a Stockbroker book. Andrew A. Lanyi (1925-2009) grew up in Hungary, escaped from a Nazi labor camp during WWII, became a Hungarian stage director, and later fled Hungary with his wife when the Russians attacked in 1956. He didn’t have a job, money, or speak any English when he landed in New York City, but thirty years later Lanyi would be considered one of the best stockbrokers of his generation. He was exclusively a micro-small cap investor that hired analysts to help find great companies easy. Especially considering Lanyi repeatedly explains how he selects successful businesses Author Andrew Lanyi has a very entertaining writing style that makes even this difficult to relate topic enjoyable for a large audience. The inclusion of his childhood experience was drawing parallels to the issues he came across in his adult life many times. I highly recomend this book to anyone interested in stockbroking obviously, but to any entrepreneurs that are pondering starting a small business as well.
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Andrew Lanyi's track record in identifying new growth companies has earned him the unofficial title of Wall Street's most recognized and successful broker . A great insiders tale. com User, March 21, 2008. The days of being a full service stockbroker are gone. but the goal of the business remains the same: How do you find great clients and at the same time implement an investment philosophy that is exciting, unique, and can help your clients acheive their goals? Lanyi accomplished both in his legendary career.
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The stock market is on a cliff. When it falls, it will not only erase the riches on Wall Street but your hard-earned savings. It is called deflation, and it will impact all of us. I have a pretty good idea about stock market crashes because I have experienced four of them. The first was in 1987. The second was in 1989. The third was in 2001, and the last was in 2008. The monster crash for stocks is still to come. The fundamentals both for the banking system and the economy and our dysfunctional Federal government will not allow current record stock prices to persist.
Andrew A. Lanyi (May 27, 1925 – August 4, 2009) was a well renowned stock broker, analyst, World War II forced labourer, investor and author who became one of the most successful and well known stock brokers of the 20th century
Andrew A. Lanyi (May 27, 1925 – August 4, 2009) was a well renowned stock broker, analyst, World War II forced labourer, investor and author who became one of the most successful and well known stock brokers of the 20th century. Lanyi was born to a Jewish family in Budapest, Hungary.
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Publisher: Pearson Ptr, 1992. In amusing and entertaining style, one of the most successful brokers in Wall Street's history reveals his tics, secrets, and methods. His specialty: picking undervalued stocks about to experience explosive growth.