Backstage Wall Street
Backstage Wall Street reveals the inner workings of the world’s biggest money machine. It explains how a relatively small confederation of brilliant, sometimes ill-intentioned people fuel it, operate it, and repair it when necessary. It offers a look that only a long-term insider could provide. Backstage Wall Street is about seeing reality for what it is and adjusting your actions accordingly. It’s about learning who and what to steer clear of at all times. And it’s about setting the stage for a bright financial future―your own way.
“[T]he always irreverent author of the Reformed Broker blog has written an excellent narrative that shares all of your broker’s dirty little secrets. Much like Michael Lewis’ Liar’s Poker captured the essence of 1980s institutional Wall Street, Brown’s Backstage Wall Street recreates the boiler room retail brokerage culture of the 1990s and early 2000s in vivid color.”
― Forbes
“With a smirk, a lashing wit, and an appropriate irreverence, Joshua Brown gives voice to what all investment professionals are―or should be―secretly thinking.”
― Michael Santoli, Barron’s columnist
“The pages of this book are filled with colorful exposés of misconduct in the way Wall Street presents and sells itself (and its financial products offerings!). . . . Run don’t walk to read Brown’s chronicles of deception [perpetrated by] those wonderful folks on Wall Street, who nearly bankrupted the world’s financial system a few short years ago.”
― Douglas A. Kass, Seabreeze Partners Management, Inc.
“Everything you’ve ever read about Wall Street is a total lie. Everyone is lying to you every day. Until you read this book.”
― James Altucher, Formula Capital and author of I Was Blind but Now I See
“Joshua wants Wall Street to be awesome. You can feel it every day on his amazing blog and in this great book. He is happy to shout when Wall Street drives him crazy. I guarantee you will enjoy this book that describes the action behind the business of of Wall Street and his own experiences along the way.”
― Howard Lindzon, Lindzon Capital and founder of StockTwits
"Joshua Brown may be the funniest writer on finance today, but Backstage Wall Street could make you cry more than laugh. The buffoons, manipulators, and incompetents Brown parades before us are the stewards of our retirement accounts... What's important is that investors understand the choices before them. Backstage Wall Street goes a long way to taking us backstage while making us laugh in the process."
― Barron's