Shut Up and Keep Talking: Lessons on Life and Investing from the Floor of the New York Stock Exchange (Hardcover)
Bob Pisani is Senior Markets Correspondent for CNBC and has spent the past 25 years on the floor of the New York Stock Exchange.
He has been on the front line of finance for all the major events of the last quarter century, including the Asian Financial Crisis, the dot-com bubble and collapse, the terrorist attacks of 9/11, and the Great Financial Crisis.
What was it like to witness these events firsthand, at the center of the financial world?
In Shut Up and Keep Talking, Bob tells a series of captivating stories that reveal what he has learned about life and investing.
These include encounters with a host of stars, world leaders and CEOs, including Fidel Castro, Robert Downey Jr., Walter Cronkite, Aretha Franklin, Barry Manilow, Jack Ma, Joey Ramone, and many more.
Along the way, Bob describes how the investment world has changed, from brokers shouting on the floor of the NYSE to fully electronic trading, from investment sages and superstars picking stocks for exorbitant fees to the phenomenal rise of low-cost index funds that are saving investors millions, and from the belief that investors make rational decisions to the new age of behavioral finance, which recognizes the often-irrational nature of human decision making and seeks to understand its role in the stock market.
Bob also considers what really moves stocks up and down and tackles the big questions: why is stock picking so hard, and why is the future so unknowable?
Don’t miss this highly entertaining and revealing account of how financial markets have changed, and how they really work, from someone who was there.
About the Author
Bob Pisani is the Senior Markets Correspondent for CNBC. A CNBC reporter since 1990, Bob Pisani has covered Wall Street and the stock market from the floor of the New York Stock Exchange for 25 years. In addition to covering the global stock market, he also covers initial public offerings (IPOs), exchange-traded funds (ETFs) and financial market structure for CNBC.