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“The First Totally Honest Stock Market Story” | Jason Zweig

 
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Image credit: Marion, “Invisible Man” (Jan. 29, 2013), Flickr
By Jason Zweig | Aug. 26, 2018 9:38 p.m. ET
If you asked me What’s the article on financial journalism you most wish you had written yourself? I would point to this one.
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I don’t know who wrote it, although he or she (or they?) did it so well I remain green with envy decades after I first saw it. Like all good satire, it is a mix of the obvious and the subtle: Anyone with a high-school diploma can get most of the humor, although it’s also laced with inside jokes that only Wall Street veterans can fully appreciate. And, while it is steeped in the experience of the mid-1990s, when it must have been written, it would have gotten a laugh in 1929 and probably will still be funny 50 years from now.
This version is from a photocopy in my files, which I made some 20 years ago from a reproduction of it in the monthly “Green Book” of investment research published by the Leuthold Group.
Does anybody out there know who is responsible for this little blast of brilliance? I would love to find, and credit, the original author(s).
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