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The Go-Go Years
- The Drama and Crashing Finale of Wall Street's Bullish 60s
- Narrated by: Johnny Heller
- Length: 12 hrs and 41 mins
- Unabridged Audiobook
- Categories: History, Americas
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Publisher's Summary
"The Go-Go Years is not to be read in the usual manner of Wall Street classics. You do not read this book to see our present situation reenacted in the past, with only the names changed. You read it because it is a wonderful description of the way things were in a different time and place."
—From the Foreword by Michael Lewis
The Go-Go Years is the harrowing and humorous story of the growth stocks of the 1960s and how their meteoric rise caused a multitude of small investors to thrive until the devastating market crashes in the 1970s. It was a time when greed drove the market and fast money was being made and lost as the "go-go" stocks surged and plunged. Included are the stories of such high-profile personalities as H. Ross Perot, who lost $450 million in one day; Saul Steinberg's attempt to take over Chemical Bank; and the fall of America's "Last Gatsby", Eddie Gilbert.
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- Philo
- 01-08-15
Colorful, illuminating, puckish
This ride through 60s Wall Street moves well, though unevenly here and there. Everywhere are telling details and anecdotes (matching cultural tidbits I remember, though I was a kid) in tales of every kind of operator from wiser financiers to high-fliers. There are countless wise observations of the fascinations and failings of markets, that are still meaningful today. In the foreword, Michael Lewis seems to damn it with faint praise, but I might speculate there's a little envy here, for the work of such an animated storyteller. As I listened to this, I also read "The Money Game" by (the pseudonymous) 'Adam Smith,' a similarly wry-and-sprightly-yet-wise look into many matching stories and aspects of 1960s markets and their denizens. I enjoyed mentally comparing this account of the mild downturn of 1970 (ending the "go-go years") with our Great Recession: quite amusing was the author's lamenting unemployment at a whopping 6-plus percent, and such awful privations for the middle class as replacement of steak meals on airliners with sandwiches, and cloth napkins with paper ones! Oh, the horror! I see many Americans in that time period as spoiled brats squandering their historic world supremacy and opportunities, veering into zany and infantile frivolities, and there is ample evidence of that here. But knowing the rest of the story, the way the 1970s did unfold into some serious macro-problems, casts a sobering light back onto this. I see more books by John Brooks recently released here, and I look forward enthusiastically to hearing them. This author can convey a lot of useful and meaningful content in an engaging and listenable, non-technical form.
3 people found this helpful
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- Jay B
- 10-07-21
I thought media bias this bad
Was a more recent creation. Some of the stories were interesting but the deeper into the book the I went the reliance on near socialist ideals to make a connection between 1929 and 1970 became to arduous to endure and removed all possible enjoyment. I was hoping for interesting historical accounts of the decade, yes it was a politically charged time with sweeping social change, but when your story is only interesting or relevant if the reader shares an very slanted narrow view your an op-
1 person found this helpful
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- Penol87
- 10-27-21
Wtf did I just listen too.
Narrative bounced around and seemed to make no sense. Never really got anywhere just seeming anecdotes of yesteryear. Snooze
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- Tamas
- 11-01-18
A must read for everyone interested in the history of the financial markets in the US
Brooks is just a fantastic writer, period. He has an elegant and intelligent style and the ability to bring complex concepts and events close to the everyday reader who is perhaps not well prepared in the subject. It was a pure joy to listen to the book. Heller is a great narrator.
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- abeer
- 01-17-17
a critical period and good summary
interesting view for wall Street of the 60's, understanding it explains a lot of subsequent events (changing world). I would love to read a similar book about the highs of globalization in the 90's and the tech bubble and subsequent events, until the decline of it after the financial crisis. Not mentioning the 90's biggest names like Soros etc..
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- Peter J. Coombs
- 05-15-19
Fab story. Incredible insight.
Fab story. Incredible insight. I loved learning how all the stuff fit together.
Brilliant journey