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A Piece of the Action
480 pages, 2013
business & management
1082 books
economics & politics
987 books
money & investing
165 books
history
999 booksIn 1958, Bank of America dropped its first 60,000 credit cards in the unassuming city of Fresno, California. This began one of the most astonishing revolutions in modern American life: What I label “the money revolution. ” For decades following, the middle class gained access to credit cards, mutual funds, retirement accounts—and hundreds of other financial vehicles.
In this lively and engaging book, I tell the story of some of the great financial characters of recent times: from turn-of-the-century financiers like John Pierpont Morgan and J. P. Getty to today’s workers at Fidelity Investments and PricewaterhouseCoopers.
In A Piece of the Action, Joe Nocera explores the transformation of personal finance in America. He takes us on a journey from the time when people were skeptical about investing in the stock market to the era where it became a common practice. It's a fascinating look into how we've become a nation of investors.
Nocera digs into the role of financial institutions in shaping our attitudes towards money. He shows how banks, credit card companies, and investment firms have not only made finance accessible to the average person, but also influenced our spending and saving habits. It's a must-read if you want to understand the forces that shape your financial behavior.
The book also explores the impact of technology on personal finance. From online banking to robo-advisors, Nocera shows how technology has made it easier for us to manage our money and invest in the stock market. If you're interested in the intersection of finance and technology, you'll find this book enlightening.
A Piece of the Action emphasizes the importance of financial literacy. Nocera argues that understanding finance is crucial in today's world where we're all expected to take charge of our financial future. He encourages us to educate ourselves about money matters and make informed financial decisions.
Lastly, the book takes a look at the influence of consumerism on our financial habits. Nocera researches how the rise of consumer culture has led us to spend more and save less. He challenges us to rethink our spending habits and strive for a more balanced approach to personal finance.
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A Piece of the Action is a must-read for anyone interested in understanding the evolution of the financial industry. It's a captivating journey through the history of Wall Street.
Warren Buffett - Investment GuruJoe Nocera's book is a fascinating exploration of the financial world. It's a great read for anyone who wants to understand how the financial industry has shaped our society.
Bill Gates - Microsoft Co-founderNocera's book is a brilliant analysis of the financial industry. It's a must-read for anyone who wants to understand the complexities of the financial world.
Nassim Nicholas Taleb - Risk AnalystA Piece of the Action is a compelling read that provides a deep understanding of the financial industry. It's a must-read for anyone who wants to make informed financial decisions.
Suze Orman - Financial AdvisorJoe Nocera's book is a fascinating exploration of the financial industry. It's a must-read for anyone who wants to understand the complexities of the financial world.
Robert Shiller - Economist