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Review title: Overrated
Product review: Where are the "hilarious anecdotes, the elegant epigrams, and the graceful turns of phrase" promised on the back cover? There are valuable insights and ideas, but they are buried in more historical information than needed, and are somewhat disconnected and undeveloped. The material is not particularly well organized, and,like history, the author repeats himself a lot. The writing is awkward and difficult to read in places. However, I did pick up a good many insights and bits and pieces of historical information that are relevant to the current problems in the credit markets. History does repeat itself. Although I think this book is over-rated, if you are a patient reader and a serious student of financial markets, I would recommend it.
