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The Devil's Financial Dictionary Kindle Edition
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Jason Zweig
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Length: 258 pages | Word Wise: Enabled | Enhanced Typesetting: Enabled |
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Editorial Reviews
Review
“Jason Zweig's book is absolutely marvelous. It combines wicked humor, scholarly etymology, and superb advice. If you have money invested, you must read this book; if you don't, read it anyway for pure fun.” —William F. Sharpe, emeritus professor of finance, Stanford University; Nobel laureate in economics
“You'll love this book. Zweig cuts through financial hypocrisy to expose Wall Street's cynical core, and does it hilariously. You'll also get some super-smart investment tips. One of my favorite devilish definitions: ‘Broker: Buys and sells stocks, bonds, mutual funds, and other assets for people who are under the delusion that the broker is doing something other than guesswork.'” —Jane Bryant Quinn, author of Making the Most of Your Money Now
“Both witty and wise—with just a refreshing dash of cynicism—The Devil's Financial Dictionary should be on every desk on both Wall Street and Main Street.” —John Steele Gordon, author of An Empire of Wealth and The Business of America
―-
“THE DEVIL'S FINANCIAL DICTIONARY, n. A compendium of financial jargon observed to induce in its readers nearly continuous spasms of raucous laughter. Has also been known to produce near-fatal episodes of cognitive dissonance in brokers, advisors, and money managers, who should consume its contents with care. Normal individuals, in contrast, may incur a deepening of financial wisdom, a fattening of the wallet, and an uncontrollable urge to steal entire passages for later use.” —William J. Bernstein, author of The Four Pillars of Investing and A Splendid Exchange
“If finance were stand-up comedy, Jason Zweig would be its Groucho Marx—a serious man with a wild sense of humor: ‘Dog: A stock that obeys no command except DOWN'…need I say more?” —Laurence B. Siegel, research director, CFA Institute Research Foundation
"'Witty' and 'fun' are two adjectives that may never have been used to describe a dictionary, but they apply to this one. But it is not just jokes; I learned a lot browsing around in this clever little book.” —Richard H. Thaler, professor of behavioral science and economics at the University of Chicago Booth School of Business; author of Misbehaving and co-author of Nudge―-
“This is the most amusing presentation of the principles of finance that I have ever seen.” —Robert J. Shiller, professor of finance, Yale University; Nobel laureate in economics; author of Irrational Exuberance
“Someone had to write a short, punchy book on the fibs and fables of Wall Street during this second Gilded Age for the extravagantly-paid manipulators of our financial system. Happily for readers—whether wise, naïve, or victimized—journalist Jason Zweig picked up the challenge, and ran for the winning touchdown with it. Laugh, cry, and learn as you enjoy the sparkling Devil's Financial Dictionary.” —John C. Bogle, founder of The Vanguard Group; author of Common Sense on Mutual Funds
“A delightfully humorous and stunningly irreverent Ambrose Bierce for financial markets. This satirical critique of what passes for wisdom on Wall Street belongs on the bookshelf of every serious investor.” —Burton G. Malkiel, professor of finance emeritus, Princeton University; author of A Random Walk Down Wall Street
“Open this wonderful book to any page. Try not to laugh. I dare you.” —James Grant, Grant's Interest Rate Observer―-
"Broad experience, thorough conversance with history, unusual insight, and dashes of humor and cynicism. This is what you need to understand the world of investing, and this is what you'll find in The Devil's Financial Dictionary by Jason Zweig." —Howard Marks, Co-Chairman, Oaktree Capital Management, L.P.; author, The Most Important Thing: Uncommon Sense for the Thoughtful Investor
“Wall Street frequently uses complex terminology to keep its own customers in the dark. That is why Jason Zweig's The Devil's Financial Dictionary is so refreshing. Zweig, who has a lifetime of experience covering finance, exposes the language of Wall Street with sharp wit, historical perspective, and a skeptic's eye.” —Tadas Viskanta, founder and editor, Abnormal Returns, and author of Abnormal Returns: Winning Strategies from the Frontlines of the Investment Blogosphere―-
"Cynical and exceptionally witty, this book shines a light into the unlit corners of finance. After a lot of laughs, I walked away with a less distorted view of reality." —Shane Parrish, CEO of Farnam Street Media
"Jason Zweig is a journalist known for his wise investment counsel. But he also has a wicked wit, which is on full display in The Devil's Financial Dictionary. A fun romp for those who don't take themselves too seriously." —Michael J. Mauboussin, head of global financial strategies, Credit Suisse; author of The Success Equation and Think Twice
“Fun, interesting, irreverent, and well-informed, Jason Zweig scores again. You'll laugh and cry—and send copies to your friends.” —Charles D. Ellis, founder, Greenwich Associates; author of Winning the Loser's Game: Timeless Strategies for Successful Investing
“Finally, in language every investor can understand, The Devil's Financial Dictionary lays waste to the hubris of Wall Street. The definition of INDEX FUND should be read over and over again. —Gregory Berns, distinguished professor of neuroeconomics at Emory University; author, Iconoclast and How Dogs Love Us―-
"Vintage Jason Zweig: entertaining, truthful and oh so telling about Wall Street. The definition of Day Trader -' n. See IDIOT' - says it all. Any investor who does not read this witty, insightful and rueful reminder of Wall Street's financial follies is an IDIOT!” —Consuelo Mack, anchor and executive producer, Consuelo Mack WealthTrack
“Jason Zweig has long been a brilliant financial journalist. People who have listened to Jason have shielded their assets from the purveyors of costly and useless advice. In The Devil's Financial Dictionary, Jason turns his wit and insight to arming us with an understanding of the financial terms that too many professionals use to intentionally baffle investors.” —Max H. Bazerman, co-director, the Center for Public Leadership, John F. Kennedy School of Government, Harvard University; author of The Power of Noticing
“Jason Zweig, one of the great truth-tellers in financial journalism, is the spiritual heir to Ambrose Bierce, one of the great satirists in American letters. Both use piercing wit to reveal important truths.” —Gary Belsky, coauthor of Why Smart People Make Big Money Mistakes and How to Correct Them―-
“You'll love this book. Zweig cuts through financial hypocrisy to expose Wall Street's cynical core, and does it hilariously. You'll also get some super-smart investment tips. One of my favorite devilish definitions: ‘Broker: Buys and sells stocks, bonds, mutual funds, and other assets for people who are under the delusion that the broker is doing something other than guesswork.'” —Jane Bryant Quinn, author of Making the Most of Your Money Now
“Both witty and wise—with just a refreshing dash of cynicism—The Devil's Financial Dictionary should be on every desk on both Wall Street and Main Street.” —John Steele Gordon, author of An Empire of Wealth and The Business of America
―-
“THE DEVIL'S FINANCIAL DICTIONARY, n. A compendium of financial jargon observed to induce in its readers nearly continuous spasms of raucous laughter. Has also been known to produce near-fatal episodes of cognitive dissonance in brokers, advisors, and money managers, who should consume its contents with care. Normal individuals, in contrast, may incur a deepening of financial wisdom, a fattening of the wallet, and an uncontrollable urge to steal entire passages for later use.” —William J. Bernstein, author of The Four Pillars of Investing and A Splendid Exchange
“If finance were stand-up comedy, Jason Zweig would be its Groucho Marx—a serious man with a wild sense of humor: ‘Dog: A stock that obeys no command except DOWN'…need I say more?” —Laurence B. Siegel, research director, CFA Institute Research Foundation
"'Witty' and 'fun' are two adjectives that may never have been used to describe a dictionary, but they apply to this one. But it is not just jokes; I learned a lot browsing around in this clever little book.” —Richard H. Thaler, professor of behavioral science and economics at the University of Chicago Booth School of Business; author of Misbehaving and co-author of Nudge―-
“This is the most amusing presentation of the principles of finance that I have ever seen.” —Robert J. Shiller, professor of finance, Yale University; Nobel laureate in economics; author of Irrational Exuberance
“Someone had to write a short, punchy book on the fibs and fables of Wall Street during this second Gilded Age for the extravagantly-paid manipulators of our financial system. Happily for readers—whether wise, naïve, or victimized—journalist Jason Zweig picked up the challenge, and ran for the winning touchdown with it. Laugh, cry, and learn as you enjoy the sparkling Devil's Financial Dictionary.” —John C. Bogle, founder of The Vanguard Group; author of Common Sense on Mutual Funds
“A delightfully humorous and stunningly irreverent Ambrose Bierce for financial markets. This satirical critique of what passes for wisdom on Wall Street belongs on the bookshelf of every serious investor.” —Burton G. Malkiel, professor of finance emeritus, Princeton University; author of A Random Walk Down Wall Street
“Open this wonderful book to any page. Try not to laugh. I dare you.” —James Grant, Grant's Interest Rate Observer―-
"Broad experience, thorough conversance with history, unusual insight, and dashes of humor and cynicism. This is what you need to understand the world of investing, and this is what you'll find in The Devil's Financial Dictionary by Jason Zweig." —Howard Marks, Co-Chairman, Oaktree Capital Management, L.P.; author, The Most Important Thing: Uncommon Sense for the Thoughtful Investor
“Wall Street frequently uses complex terminology to keep its own customers in the dark. That is why Jason Zweig's The Devil's Financial Dictionary is so refreshing. Zweig, who has a lifetime of experience covering finance, exposes the language of Wall Street with sharp wit, historical perspective, and a skeptic's eye.” —Tadas Viskanta, founder and editor, Abnormal Returns, and author of Abnormal Returns: Winning Strategies from the Frontlines of the Investment Blogosphere―-
"Cynical and exceptionally witty, this book shines a light into the unlit corners of finance. After a lot of laughs, I walked away with a less distorted view of reality." —Shane Parrish, CEO of Farnam Street Media
"Jason Zweig is a journalist known for his wise investment counsel. But he also has a wicked wit, which is on full display in The Devil's Financial Dictionary. A fun romp for those who don't take themselves too seriously." —Michael J. Mauboussin, head of global financial strategies, Credit Suisse; author of The Success Equation and Think Twice
“Fun, interesting, irreverent, and well-informed, Jason Zweig scores again. You'll laugh and cry—and send copies to your friends.” —Charles D. Ellis, founder, Greenwich Associates; author of Winning the Loser's Game: Timeless Strategies for Successful Investing
“Finally, in language every investor can understand, The Devil's Financial Dictionary lays waste to the hubris of Wall Street. The definition of INDEX FUND should be read over and over again. —Gregory Berns, distinguished professor of neuroeconomics at Emory University; author, Iconoclast and How Dogs Love Us―-
"Vintage Jason Zweig: entertaining, truthful and oh so telling about Wall Street. The definition of Day Trader -' n. See IDIOT' - says it all. Any investor who does not read this witty, insightful and rueful reminder of Wall Street's financial follies is an IDIOT!” —Consuelo Mack, anchor and executive producer, Consuelo Mack WealthTrack
“Jason Zweig has long been a brilliant financial journalist. People who have listened to Jason have shielded their assets from the purveyors of costly and useless advice. In The Devil's Financial Dictionary, Jason turns his wit and insight to arming us with an understanding of the financial terms that too many professionals use to intentionally baffle investors.” —Max H. Bazerman, co-director, the Center for Public Leadership, John F. Kennedy School of Government, Harvard University; author of The Power of Noticing
“Jason Zweig, one of the great truth-tellers in financial journalism, is the spiritual heir to Ambrose Bierce, one of the great satirists in American letters. Both use piercing wit to reveal important truths.” —Gary Belsky, coauthor of Why Smart People Make Big Money Mistakes and How to Correct Them―-
“Part social commentary, part instruction manual, Zweig's book is must-reading for anyone who presumes or desires to understand the investment world…. Like the book in which they're contained, each of Zweig's entries is pointed, witty, and revealing of important and useful truths. The Devil himself, a.k.a., [Ambrose] Bierce, would be proud.” —TIME
“The perfect stocking stuffer for anyone remotely interested in finance.” —Business Insider
“The Devil's Financial Dictionary is witty, irreverent, skeptical and humorous—making it an entertaining read for those within and outside the financial industry.” —Manhattan Book Review
”Consistently yields pleasure and insight…. Thanks to the author's staggering command of his subject, readers of this book will shed costly misconceptions and acquire wisdom that, if accompanied by patience, could pay off richly. The serious message embedded in the book's humor is that investors who pay attention to stock market lore and Wall Street hype are their own worst enemies in securing their financial future.” —BARRONS
“Inspired by Ambrose Bierce's masterpiece The Devil's Dictionary, Jason Zweig takes an equally beautiful and cynical view of the entire finance industry.” —Farnam Street―- --This text refers to the paperback edition.
“The perfect stocking stuffer for anyone remotely interested in finance.” —Business Insider
“The Devil's Financial Dictionary is witty, irreverent, skeptical and humorous—making it an entertaining read for those within and outside the financial industry.” —Manhattan Book Review
”Consistently yields pleasure and insight…. Thanks to the author's staggering command of his subject, readers of this book will shed costly misconceptions and acquire wisdom that, if accompanied by patience, could pay off richly. The serious message embedded in the book's humor is that investors who pay attention to stock market lore and Wall Street hype are their own worst enemies in securing their financial future.” —BARRONS
“Inspired by Ambrose Bierce's masterpiece The Devil's Dictionary, Jason Zweig takes an equally beautiful and cynical view of the entire finance industry.” —Farnam Street―- --This text refers to the paperback edition.
About the Author
Jason Zweig became a personal finance columnist for the Wall Street Journal in 2008. He was a senior writer for Money and a guest columnist for Time and CNN.com. He is the author of Your Money and Your Brain, one of the first books to explore the neuroscience of investing. Zweig is also the editor of the revised edition of Benjamin Graham's The Intelligent Investor, the classic text that Warren Buffett has described as "by far the best book about investing ever written."
Before joining Money in 1995, Zweig was the mutual funds editor at Forbes. Earlier, he had been a reporter-researcher for the Economy & Business section of Time and an editorial assistant at Africa Report, a bimonthly journal. A frequent commentator on television and radio, Zweig is also a popular public speaker who has addressed the American Association of Individual Investors, the Aspen Institute, the CFA Institute, the Morningstar Investment Conference, and university audiences at Harvard, Stanford, and Oxford.
Zweig was for many years a trustee of the Museum of American Finance, an affiliate of the Smithsonian Institution. He serves on the editorial boards of Financial History magazine and the Journal of Behavioral Finance. --This text refers to the paperback edition.
Before joining Money in 1995, Zweig was the mutual funds editor at Forbes. Earlier, he had been a reporter-researcher for the Economy & Business section of Time and an editorial assistant at Africa Report, a bimonthly journal. A frequent commentator on television and radio, Zweig is also a popular public speaker who has addressed the American Association of Individual Investors, the Aspen Institute, the CFA Institute, the Morningstar Investment Conference, and university audiences at Harvard, Stanford, and Oxford.
Zweig was for many years a trustee of the Museum of American Finance, an affiliate of the Smithsonian Institution. He serves on the editorial boards of Financial History magazine and the Journal of Behavioral Finance. --This text refers to the paperback edition.
Product details
- File size : 18825 KB
- Publication date : October 13, 2015
- Word Wise : Enabled
- Print length : 258 pages
- Publisher : PublicAffairs; 1st edition (October 13, 2015)
- X-Ray : Not Enabled
- Text-to-Speech : Enabled
- Enhanced typesetting : Enabled
- Screen Reader : Supported
- Language: : English
- ASIN : B012271Z5M
- Lending : Not Enabled
- Best Sellers Rank: #126,759 in Kindle Store (See Top 100 in Kindle Store)
- Customer Reviews:
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Customer reviews
4.5 out of 5 stars
4.5 out of 5
97 global ratings
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Top reviews from the United States
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5.0 out of 5 stars
For a dictionary it is an informative and entertaining read, but it is a dictionary.
Reviewed in the United States on May 30, 2016Verified Purchase
It is a dictionary, so if you are looking for an exciting read on the financial markets, this book is not it. Any conseivable word that a broker might use is in this book. You can tell by reading it Jason doesn't have a high regard for most brokers and believes that most individuals should do their own investing using low fee funds such as Vanguard, etc. Even though it is a dictionary I found it entertaining and informative. If you don't do your own investing, after you read this book you just might start putting a portion of your money to self invest.
6 people found this helpful
Helpful
Reviewed in the United States on January 12, 2018
Verified Purchase
If you are not in the financial field or a savvy investor much of this will not resonate with you. If you are, you will smile often and occasionally burst out laughing.
4.0 out of 5 stars
Healthy Dose of Cynicism: Recipe for Survival in the Cut-throat Financial Industry
Reviewed in the United States on August 7, 2016Verified Purchase
Jason Zweig regularly gives his audience a good laugh while distilling the metamorphosing wisdom that anyone working in or interacting with the financial industry better gains sooner rather than later for his/her financial health. This education is a life-long process because of the evolving cynicism that permeates the industry. The financial industry thrives on hope, no matter how un-founded and transient. In summary, the book under review is a nice gift idea, no matter the timing. Cynicism on Wall Street, a convenient shortcut for the financial industry, does not know the difference among the seasons.
5.0 out of 5 stars
Great definitions of financial terms. Wall Street would disapprove. Jason ousted them
Reviewed in the United States on May 27, 2020Verified Purchase
I emailed the seller about the book being short, with 208 pages only with the original being 252 pages long. 2 days later, I got without paying anything extra a second, complete copy with all the pages. The seller went above and beyond to make sure my order was satisfactory. The book is exactly what I expected. Jason Zweigg has done a terrific job defining the financial terms used in Wall Street. I enjoyed the book.
Reviewed in the United States on August 28, 2016
Verified Purchase
Good glossary of financial terms, using a lot of humor. If you are already reasonably familiar with financial terms, you'll love this book's light approach. But it's probably not for the pure novice who is just getting started in finance - it's not that tutorial.
Reviewed in the United States on February 11, 2020
Verified Purchase
Jason has written a book stacked full of history, satire, financial facts, and funny money. Anyone trying to save for retirement or just for an emergency fund should study this book.
Reviewed in the United States on January 17, 2017
Verified Purchase
It is a dictionary. It is excellent. Not a book that needs to be read from cover to cover. It can be opened randomly, a few choice nuggets gleaned and put down for another time.
Reviewed in the United States on July 22, 2016
Verified Purchase
It makes me laugh at the irony because it is so true in so many ways. Read this if you want to laugh while you are being educated about so many of the pitfalls of investing.
Top reviews from other countries

kpp77
5.0 out of 5 stars
Remarkable
Reviewed in the United Kingdom on November 25, 2018Verified Purchase
An amazing book you will have to refer to again & again. I would guess that keeping it within reach would save you lots of money with its contrarian, sensible, conservative attitude to investing. It describes the true nature of the markets and the crooks & liars that reside in them with a unique sense of humour :))

Fangio
3.0 out of 5 stars
OK buit more European focus needed.
Reviewed in the United Kingdom on February 21, 2016Verified Purchase
Not bad and quite useful. However very skewed to USA - could do with a bit more UK and Euro centric. After all London is the biggest financial market, in spite of what the Americans think.

Raymond
4.0 out of 5 stars
An absolutely delightful take on the financial jargons
Reviewed in the United Kingdom on August 17, 2016Verified Purchase
I throughly enjoyed this book as it truly breaks down the big words people in finance use to confuse their clients. It's also a good referencing book on terms that might be unfamiliar in a humorous manner.

duane102
5.0 out of 5 stars
Hilarious! Especially for those working in asset management
Reviewed in the United Kingdom on February 8, 2016Verified Purchase
Love this book! A humorous look at the financial world.

Fernando Arenas
4.0 out of 5 stars
Todo bien
Reviewed in Mexico on August 22, 2018Verified Purchase
recibí el producto a mi entera satisfaccion
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