Explains the current Wall Street investment process, discusses the new debt, equity, and money markets, and details the emergence of big, institutional investors, negotiated commissions, and options contracts
Robert Sobel was an American professor of history at Hofstra University, and a well-known and prolific writer of business histories. He was also a chess Master, who represented the United States at the 1957 and 1958 Student chess Olympiads; he defeated thirteen-year-old future World Champion Bobby Fischer at Montreal 1956.
Despite his prolific writings in business history, he is most famous for his single novel, For Want of a Nail, an alternate history of the United States.