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Gents with No Cents (English Edition) [Kindle Edition]

Ron DeLegge II , Dave Clegg

Kindle-Preis: EUR 9,99 Inkl. MwSt. und kostenloser drahtloser Lieferung über Amazon Whispernet
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  • Einschließlich kostenlose drahtlose Lieferung über Amazon Whispernet
  • Länge: 157 Seiten
  • Sprache: Englisch
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GENTS WITH NO CENTS explores a rarely examined side of Wall Street: Its childish antics. From accountants that can’t count, to financial regulators that don’t regulate, GENTS WITH NO CENTS will make you howl with laughter at their incompetence.

Written by Ron DeLegge II, veteran radio host of the Index Investing Show, GENTS WITH NO CENTS is narrated in an easy going style with sharp satire throughout and 20 hand drawn illustrations by noted cartoonist, Dave Clegg.

DeLegge draws from his personal experiences as a Wall Street salesperson with crazy supervisors and even crazier customers. He offers a refreshing perspective that’s opposite of the angry and condescending tone of financial literature that has come to characterize our era.

GENTS WITH NO CENTS also pokes fun at taxes and the IRS, along with the
media for misreporting the news, inventing questionable facts, and contributing to the public’s confusion.

About the Author:
Ron DeLegge II is the weekly radio voice of the Index Investing Radio Show ( and a former financial advisor. Ron has over 15 years of experience in the investment industry and he also covers the exchange-traded funds marketplace for and Research Magazine.


  • Format: Kindle Edition
  • Dateigröße: 1200 KB
  • Seitenzahl der Print-Ausgabe: 157 Seiten
  • Verkauf durch: Amazon Media EU S.à r.l.
  • Sprache: Englisch
  • ASIN: B006NR29EO
  • Text-to-Speech (Vorlesemodus): Aktiviert
  • X-Ray:
  • Word Wise: Nicht aktiviert

  •  Ist der Verkauf dieses Produkts für Sie nicht akzeptabel?


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Die hilfreichsten Kundenrezensionen auf (beta) 4.2 von 5 Sternen  45 Rezensionen
5 von 5 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen Laughter is the Best Medicine 10. April 2012
Von Grady Harp - Veröffentlicht auf
There is nothing at all humorous about the miserable state of affairs of the financial chaos in which we find ourselves. But just when the idea of considering a leap off a tall building begins to seem an alternative exit along comes Ron DeLegge II with his book GENTS WITH NO CENTS: A CLOSER LOOK AT WALL STREET, ITS CUSTOMERS, FINANCIAL REGULATORS, AND THE MEDIA comes along as one of the funniest exposés of the madness that pervades the financial kingdom of Wall Street and the belly laughs that abound in this book put everything into perspective!

DeLegge writes enormously well. He divides his words of comfort into nine chapter: In the Beginning..('I felt it was a citizen's duty not to just describe Wall Street as it really is, but to uncover its root mentality, which hovers between lunacy and adolescence. Along the way, I encountered a whole mess of other people with the same psychotic mindset who effortlessly act out the part.');The Office Scene ('A business is a genuine adult playground, with running, throwing, kicking, flirting, fighting, and crying...');Customers - That Venturesome Bunch; News, Views and Zoos ('Fewer than ten seconds of tire kicking unveils an incredible find: The term 'media' contains the word 'me' just before 'dia'. In Spanish 'dia' means 'day'. Therefore the word 'media' literally translates as 'me first today'. Put another way, the media offers us a good case stud in the narcissistic nature of Homo sapiens....'); Investment Funds - Trial and Error Investing; Advanced Strategies for Beginners; Earth, Wind and Taxes ('Is getting flushed down the toilet a taxable event?'); Cops and Robbers ('While it hasn't received much publicity, the SEC doesn't just function as Wall Street's sheriff; it also doubles as a famous playwright.'); Somewhere over the Rainbow. You get the idea. And to add to the humor, there are numerous terrific cartoons by Dave Clegg that punctuate the laughs.

Ron DeLegge II happens to be that voice we hear on Index Investing Radio Show. He knows his stuff about economics and he most assuredly knows his humor addiction. Few people have the courage to point to the glow that surrounds Wall Street for fear it may cloud personal fortunes. What DeLegge shows us in this ripe book is that the people in charge of the nation's economy are actually more like dolts trying out for Laugh-In - and while their actions are not amusing, their behaviors in the words and mind of DeLegge provide some of the best laughs of the season. This is an enormously entertaining (and, um, educational!) book. Grady Harp, April 12
4 von 4 Kunden fanden die folgende Rezension hilfreich
3.0 von 5 Sternen Funny take on Wall Street's shenanigans 30. März 2012
Von Raghu Nathan - Veröffentlicht auf
I had not known anything about Ron DeLegge prior to reading this book. I chanced to read it as I was offered a free copy by the publishers. Once I finished the book, I found out that he was a former financial advisor and also a current radio host on investing. This book is a punishing expose of the financial industry as a whole, especially Wall Street, and written in much lighter vein.

The book exposes the dark side of American finance, especially the investment side of it that is actively promoted by the government, the IRS, the SEC, the media and also the financial regulators. In short, it says that they are all hand-in-glove with each other, stringing the naive investing citizen along, resulting in the investor being separated from her hard-earned wealth. The book shows how greed runs amok, ignoring common sense and stark reality that stares you in the face.
I have been one of those naive investors for 15 years and have been conned and robbed by the investment banks of much of my money through their financial 'advisors'. It is only after losing most of my money in the downturns that I started studying more deeply about investment and came to understand many of the malpractices of Wall street, which DeLegge humorously points out. However, just this understanding alone does not help me keep my money away from the vultures. In real life, the purpose is to find ways as to how to keep your money from being 'siphoned off' by Wall street. Eventually, I learnt the lessons of index investing even though the book does not cover that aspect. In my experience, I feel that all the mumbo-jumbo of investing can be reduced to focus on just three points: 1. Reduce the risk in your portfolio to what you can tolerate. 2. Invest and trade such that you reduce taxes. 3. Allocate to beat inflation, taking into account your risk tolerance.

I ask myself if I would have benefited from DeLegge's book had I read it before the 2000 dotcom crash. Unfortunately the answer is 'No'. The fault is not with the book but with the characteristics of the 'Customer' that Ron himself outlines in his book. I needed to lose substantial money in order to take a hard look at the whole scenario. Then only the ordinary investor is ready to heed these lessons outlined in the book. In the same way, only after losing money consistently through the 'advice' of the advisors of your investment bank, do you realize that you don't need to pay money managers to 'take care' of your money. After the debacle of 2008, it has become gradually apparent to many that the whole system is smoke and mirrors and corrupt. Insider trading seems to be the dharma of Wall Street rather than an exception. So, De Legge's book can be enjoyed for its humor only by people who have been scarred by Wall Street. The ones who still have much of their money and not lost a lot of it in the stock market, ironically, might see Ron's book as that of a cynic and naysayer and hence dismiss it. That is the paradox of such books.

The book is a breezy and humorous read. Ron says, "Keep your cents and the money will follow". It is good advice to follow.
4 von 4 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen If Something Funny Is Going on on Wall Street,Try Laughing 8. Dezember 2011
Von New York Investing meetup - Veröffentlicht auf
Hysterically funny -- the author should be a stand-up comic. The book is a tongue-in-cheek look at all aspects of the investment business, including Wall Street, the financial media, investors and traders, regulators and the tax authorities. Considering the outrageous things that have happened in the last several years, it is difficult to parody them because they are already so absurd, but DeLegge gets in a lot of good one-line zingers. While Delegge does an admirable job of skewering Wall Street, he doesn't cover the other great financial absurdity of our time -- the economy (perhaps that's because this would be more in the genre of fantasy than slapstick). When you've had enough of all the bad news about the latest financial crisis de jour, consider reading this book. At least you'll know the laughs are honest.
1 von 1 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen Gents With No Cents 10. November 2011
Von Chicago Fan - Veröffentlicht auf
These sharp words of humor and wisdom capture the world of the financial gurus that run the Wall Street markets. In his keen observations, Ron DeLegge has been able to create insights into the the game plans of the players on Wall Street, financial institutions, and government. The timing of Gents with No Cents is perfect in light of the state of the current economy and bailouts. While it's sad to find the scathing behavior of the likes of Madoff, Ponzi, etc. true to life, Ron is able to remind all of us of the greed and dangers that exist and advises to prepare ourselves to walk wisely into the den. He tweeks his provocative approach with a good laugh or at least a smirk. Congrats, Ron, perhaps the Gents will come to their senses, in which case, I look forward to your insight.
1 von 1 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen Bound to be a bestseller 10. November 2011
Von Neil Plein - Veröffentlicht auf
I've been a fan of Ron's work for years. He's always had a unique and incredibly skillful way of looking at things, doing extensive research, but ultimately presenting results in a message that everyone can actually understand. This trait is an essential one to understanding many of the complex (by design) issues surrounding the inner-workings on Wall Street. With a careful attention to detail and some well-crafted comedy, "Gents with no Cents" will open your eyes...
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