Rigged Money: Beating Wall Street at Its Own Game

Praise for Rigged Money

"If you've ever had the feeling that the stock market was a mug's game, this book's for you. During these tough times we need more straight talk and less marketing hype about how to invest responsibly. Lee Munson is a rare insider who's willing to tell it like it is, and he tells it very well!"—Andrew W. Lo, Chief Investment Strategist, AlphaSimplex Group

"Lee is a sharp guy who doesn't hold back on his opinions. This book is not just a repeat of what you've seen before."—Jeffrey Kosnett, Senior Editor, Kiplinger's Personal Finance and Kiplinger.com

"It has been said that no man can serve two masters. Lee Munson understands perfectly that asset management is about serving one master—clients! Read this book and Lee will tell you why this simple truth is self-evident."—Rodney N. Sullivan, CFA, Editor, Financial Analysts Journal

"When I read Lee Munson's book, Rigged Money, I was reminded of an old Beetle Bailey cartoon by Mort Walker. A recurrent character named Zero was asked to confirm whether a Jeep's turn signals were working. He dutifully reported 'Working. Not Working. Working. Not Working.' That's a good way to describe Lee Munson's observations about the potions and prescriptions that Wall Street tries to peddle to us mere humans. If you really want to understand how we got to this peculiar investment environment, you need to read Lee's book. There are ideas and strategies that work sometimes, and fail horribly at other times. Lee takes us through the history of how these ideas get recycled and reused in an effort to take the customers' money to support Wall Street's aims. And he also gives us insights about how to avoid falling into the same traps which capture 'the crowd.' Rigged Money is a great way for readers to see the investing picture as it really is, and not as the slick commercials want you to believe it is. You should consider this book a 'buy and hold forever' asset."—Tom McClellan, Editor, The McClellan Market Report