The Richest Woman in America
by Janet Wallach
A biography of Hetty Green, the Gilded Age investor who built a fortune through frugality, cash in panics and ruthless lending, while being mocked as the 'Witch of Wall Street'. The investing lessons are real; the portrait of a strange, hard life is the main interest.
Read it if…
you enjoy financial history and want a female investor's story.
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Skip it if…
you want practical investing advice; this is biography.
Try instead: The Total Money Makeover Workbook →
Three things you will actually use
- Hold cash when others are greedy.
- Buy when there is blood in the streets.
- Frugality compounds too.
Do this first
Note how Green kept cash for panics and ask whether you hold any reserve for opportunities.
Our verdict
Strange, instructive life.
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Compare with other Money books
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