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A Killing on Wall Street: An Investment Mystery
Morningstar
A Killing on Wall Street: An Investment Mystery

by Derrick Niederman

This unusual book is part traditional mystery (featuring a brutal murder and a cynical, world-weary detective) and part investment guide (including primers on stock splits and price/earnings ratios).

Protagonist Cliff Cavanaugh is a former investment analyst who now makes a living as a day-trader (and occasionally moonlights as a sleuth). When a portfolio manager at his old firm, Rutherford & Hayes, is murdered, Cavanaugh and his sidekick, Tracy deGrandpre, are called in to assist in the investigation. In order to get to the bottom of the mystery, Cavanaugh must use his knowledge of the markets and the investment industry. The central clue to this caper, in fact, is a dubious Internet stock--the fictional URLybirds--favored by the murdered manager. Since deGrandpre is an investing novice, Cavanaugh must explain the basics of investing to her as they attempt to solve the crime--a neat educational device that doesn’t interfere with the book’s plot.

A Killing on Wall Street won’t be published until July 7, (though you can order it through Amazon.com now). But if you plan to read this up-to-the-minute thriller, do so this summer. Next year, its enthusiasm for dot-com stocks will probably seem about as quaint as talking up "old economy" favorites like Wal-Mart WMT does today. 

Amy Granzin is a senior editorial analyst with Morningstar University. She can be reached at digest@morningstar.com.  

 
   
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