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1929

Andrew Ross Sorkin

15 min 2 languages Read or listen
Short summary

What's it about?

The 1929 Wall Street Crash wasn't a natural disaster, it was a failure of human nature built on greed, manipulation, and blind confidence. This book dissects the machinery behind the catastrophe: mass speculation fueled by debt, conflicts of interest between banks and investors, and regulatory paralysis. Through vivid stories of financiers, bootblacks, and con artists, it reveals how a nation mistook luck for genius until reality struck with devastating force.

In this KitUP, you'll learn:

• How "Mitchellism" democratized speculation and created systemic fragility

• The manipulation tactics (stock pools, margin trading) that rigged the market

• Why regulatory reform emerged from the ashes of collective ruin

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