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Title: A Hybrid Book That Leaves Much To Be Desired
Review: There are a few good moments in this book and I must confess I am only half way through it. But what blew me away was what I read in the acknowledgements. Mr. Levitt, a former stockbroker, credits Warren Buffett with informing him about the core of broker comepensation and mutual funds compensation. Gee, didn't Mr.Levitt know the core of these issues when he was at the SEC? It just strikes me funny that a long time vetern of the securities industry would tip his hat to Buffett on such basic issues. Outside of this the book is a gathering of books that combines the worst in biography, advice and expose. Mr. Levitt admits that his poweres were limited by Senators like Phil Gramm, but his book is also limited with few insights worth paying for. Two stars for the insider scoop, but it is really a one-star book!
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