by Fred Fuld III
The bestseller, How to Get Rich in American History: 300 Years of Financial Advice That Worked (& Didn’t), is one of my favorite books. The author, Joseph S. Moore, Phd. is a professor and financial historian who really knows how to write, and knows how to interweave his writing with lots of humor.
The book describes how Dr. Moore used historical financial research to determine what works and what doesn’t to become wealthy and live the American Dream. He actually put his money where his research led him, including testing out get-rich-quick schemes and buying land on the moon.
One of my favorite chapters was Chapter 3: Crypto Isn’t the Future; It’s the Past. And in Chapter 6 (another favorite chapter), Moore discusses how he actually created his own crypto currency, and for a while, was a crypto billionaire.
The following are some examples of just a few of the chapters to pique your interest:
- Real Estate is a Terrible Way to Make Money
- Going Broke Is Better Than Ever
- You Can Beat the Market; You Probably Shouldn’t
- Stocks Used to be Bad For the Long Term
This gives you an idea of some of the varied topics that are covered, and they are addressed in a very interesting (and even funny) way.
It may sound unusual for a book about how financial history can guide you to wealth, but How to Get Rich in American History is a can’t-put-it-down book for me, and I highly recommend it.
