A Fool and His Money: The Odyssey of an Average Investor


There is one thing that can be said about A Fool and His Money that cannot be said about any other volume of investment advice: You will never make a penny from the information in this book. No work on the subject of personal finance has even tried to make this claim before. That is because works on the subject of personal finance are all lying. John Rothchild is the only fully honest author in the genre.--from the Foreword by P. J. O'Rourke.

A veritable gold mine of comic insight into the predicament of an average investor's avid pursuit of wealth, A Fool and His Money is John Rothchild's critically acclaimed personal account of a year devoted to investing his money in the markets. The entire investment world--its characters, institutions, customs, and myths--passes under Rothchild's sharp and profoundly humorous scrutiny.

Acclaim for A Fool and His Money

"What makes this book so good is that Rothchild can explain things like naked puts . . . and leave the reader both edified and laughing. . . . Witty, fast-paced, and educational."--The Washington Post

"You'll relish John Rothchild's comic tale. . . . The book nears guaranteed delight."--Newsday

"A Fool and His Money may be the funniest book about investing ever written. It's a reader's capital gain."--New York Post

JOHN ROTHCHILD is the author of several bestselling business books with Peter Lynch, including One Up on Wall Street, Beating the Street, Going for Broke, and Learn to Earn. A former editor of the Washington Monthly, he has written for Harper's, Rolling Stone, Esquire, and many other periodicals. He has appeared on The Nightly Business Report, the Today Show, and CNBC.
My Expert Credentials.

Wanting to Be Rich.

Money in the Bank.

The Financial Checkup.

The Lessons of History.

Some Practical Advice.

Shopping for the Broker.

Buyer's Remorse and Other Side Effects.

How the Experts Pick Their Stocks.

A Fool at the Stock Exchange.

On the Floor.

My Second Investment.

What the Fed Was Going to Do.

Going Over-the-Counter.

Seeing the Analyst.

A Walk on the Buy Side.

Among the Billion-Dollar Brains.

On Becoming a Stockbroker.

Selling Myself Short.

Reflections on My Progress to Date.

On to Chicago.

Opening a Commodities Account.

My Killing in Commodities.

My Doubts About Futures.

My Ethical Dilemma.

A Bout with Loews.

A Household Correction.

In Search of a Forecast.

My Inside Information.

A Street Gone Mad.


A Fool's Glossary.