{"title":"Spencer Jakab","description":null,"products":[{"product_id":"revolution-that-wasn-t-book-spencer-jakab-9780593421154","title":"The Revolution That Wasn't","description":"In January 2021, a motley crew of retail traders on Reddit's r\/wallstreetbets seemingly brought some of the biggest players on Wall Street to their knees. Their weapon was GameStop, a failing retailer whose shares briefly became the most-traded security on the planet and the subject of intense media coverage. The Revolution That Wasn't is the riveting story of how the meme stock squeeze unfolded, and of the real architects (and winners) of the GameStop rally. The surprising truth? What appeared to be a revolution that placed power back in the hands of everyday investors only tilted the odds further in the house's favour.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49582383399185,"sku":"GOR012904880","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":49774025113873,"sku":"CIN0593421159G","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":50698084974865,"sku":"NGR9780593421154","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":51416025137425,"sku":"CIN0593421159VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0593421159.jpg?v=1751041053"},{"product_id":"revolution-that-wasn-t-book-spencer-jakab-9780241572559","title":"The Revolution That Wasn't","description":"From Wall Street Journal columnist Spencer Jakab, the real story of the GameStop squeeze - and the surprising winners of a rigged game.   'Jakab adeptly skewers the popular but dangerously wrong narrative of Reddit's David thumping Wall Street's Goliath, and shows how the casino always wins in the end. DeepF***ingRespect for an important book with lessons far more durable than GameStop's stock market levitation.' Robin Wigglesworth, author of Trillions   During one crazy week in January 2021, a motley crew of retail traders on Reddit's r\/wallstreetbets forum had seemingly done the impossible - they had brought some of the biggest, richest players on Wall Street to their knees. Their weapon was GameStop, a failing retailer whose shares briefly became the most-traded security on the planet and the subject of intense media coverage.   The Revolution That Wasn't is the riveting story of how the meme stock squeeze unfolded, and the real architects (and winners) of the GameStop rally. Drawing on his years as a stock analyst at a major bank, Jakab exposes technological and financial innovations like Robinhood as ploys to part investors from their money, within the larger story of evolving social and economic pressures. The surprising truth? What appeared to be a watershed moment - a revolution that stripped the ultra-powerful hedge funds of their market influence, placing power back in the hands of everyday investors only increased the chances of the house winning.   Online brokerages love to talk about empowerment and 'democratising finance' - while Wall Street thrives on chaos. In this nuanced analysis, Jakab shines a light on the often-misunderstood profit motives and financial  mechanisms to show how this so-called revolution is, on balance, good for Wall Street. But, Jakab argues, there really is a way for ordinary investors to beat the pros: by refusing to play their game.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49741224182033,"sku":"NGR9780241572559","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":50122887528721,"sku":"GOR012424791","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ LIKE_NEW \/ INTERNAL","offer_id":50181393776913,"sku":"GOR013882442","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ GOOD \/ INTERNAL","offer_id":53252501668113,"sku":"GOR014834728","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/024157255X.jpg?v=1751005613"},{"product_id":"heads-i-win-tails-i-win-book-spencer-jakab-9780399563201","title":"Heads I Win, Tails I Win","description":"INVESTING IS ONE OF THE FEW AREAS IN LIFE WHERE EVEN VERY SMART PEOPLE LET HOPE TRIUMPH OVER EXPERIENCE   According to Wall Street Journal investing columènist Spencer Jakab, most of us have no idea how much money we're leaving on the table-or that the average saver doesn't come anywhere close to earning the average returns touted in those glossy brochures. We're handicapped not only by psychological biases and a fear of missing out, but by an industry with multimillion-dollar marketing budgets and an eye on its own bottom line, not yours.   Unless you're very handy, you probably don't know how to fix your own car or give a family member a decent haircut. But most Americans are expected to be part-time fund managers. With a steady, livable pension check becoming a rarity, we've been entrusted with our own finances and, for the most part, failed miserably.   Since leaving his job as a top-rated stock anaèlyst to become an investing columnist, Jakab has watched his readers-and his family, friends, and colleagues-make the same mistakes again and again. He set out to evaluate the typical advice people get, from the clearly risky to the seemingly safe, to figure out where it all goes wrong and how they could do much better. Blending entertaining stories with some surèprising research, Jakab explains   ÛHow a typical saver could have a retirement nest egg twice as large by being cheap and lazy. ÛWhy investors who put their savings with a high-performing mutual fund manager end up worse off than if they'd picked one who has struggled. ÛThe best way to cash in on your hunch that a recession is looming. ÛHow people who check their brokerage accounts frequently end up falling behind the market. ÛWho isn't nearly as good at investing as the media would have you think.   He also explains why you should never trust a World Cup-predicting octopus, why you shouldn't invest in companies with an X or a Z in their names, and what to do if a time traveler offers you ecoènomic news from the future.   Whatever your level of expertise, Heads I Win, Tails I Win can help you vastly improve your odds of investment success.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49925386404113,"sku":"GOR012030813","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ LIKE_NEW \/ INTERNAL","offer_id":49928112439569,"sku":"GOR009503066","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50352804036881,"sku":"CIN0399563202G","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50790181011729,"sku":"CIN0399563202VG","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0399563202.jpg?v=1751292141"}],"url":"https:\/\/www.worldofbooks.com\/collections\/author-books-by-spencer-jakab.oembed","provider":"World of Books ","version":"1.0","type":"link"}