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The Pursuit of Wealth: The Incredible Story of Money Throughout the Ages of Wealth, by Robert Sobel
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A story that describes the evolution of investing from 3000 BC in Mesopotamia to modern-day Wall Street. Written by financial historian Robert Sobel, it examines how people have approached money, risk and investing since the dawn of time. It discusses how money evolved through the Middle Ages and Renaissance, and how it played a key role in the exploration and colonization of America. In the second half of the book Sobel focuses on the USA, where he chronicles the dramatic growth of large publicly traded corporations, the rise of Wall Street as a power centre, and the development of today's popular investment philosophies. Throughout the book, Sobel examines investment practices through the prism of risk and reward, demonstrating that the ability to assess accurately risk and reward has been the key to investment success throughout history. There are parallels and lessons for today's investor trying to make sense of the most volatile financial stock market in history.
- Sales Rank: #1845993 in Books
- Published on: 1999-12-27
- Original language: English
- Number of items: 1
- Dimensions: 1.27" h x 6.76" w x 9.55" l,
- Binding: Hardcover
- 347 pages
From the Back Cover
Money--How it has built nations, destroyed dynasties, and shaped every facet of human history. Mesopotamian farmers used it to irrigate their crops...Roman armies to expand Caesar's reach throughout Europe and Africa...Incan rulers to build temples and civilizations...U.S. industrialists to push the frontiers of corporate achievement.
The Pursuit of Wealth tells the fascinating history of how the desire for money has fueled humankind's greatest achievements--and produced our most profound tragedies. Readers from all walks of life--from academics in search of a compelling narrative to investors and business persons looking for time-tested solutions to age-old dilemmas--will discover how and why money has become inextricably interwined with every thread in the fabric of human history. Gripping stories and legacies of great fortunes won and lost include: Historical giants like Alexander the Great and Napoleon--and how their battle-honed lessons on wealth and conquest still ring true in today's burgeoning economy; analyses of twelfth century Venetian financial empires that provide stunning parallels and insights into today's global business and investment arena; how modern rules, regulations, and laws of commerce have developed from 5000 B.C. through today's technological battleground--and what to look for next. No single idea has had more impact on the development of human history--and been less understood--than the drive for money. The Pursuit of Wealth is the first comprehensive investigation into this essential topic. Each page will open your eyes to the startling ways and means of property acquisition throughout history--and provide you with vital clues that can help you understand today's financial world.
Most helpful customer reviews
12 of 19 people found the following review helpful.
A Sceptic Is Now A Believer
By A Customer
I typically am not interested in this kind of literature. However, after reading about the author's death, I decided to try this book. I found it extremely intersting and it increased my knowledge about the subject. I recommend this book for anybody who is intested in the history of some of our most popular companies.
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