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This book, which was first published in 1940, is a brilliant send-up of investors, bankers, brokers, traders, analysts and hapless customers.

But what makes it remarkable is that Fred Schwed’s observations about the investment business are as true today as they were 60 years ago. Perhaps that is because this book is not so much about investment, but human nature.

OGC makes e-commerce a priority_3

Tendering on the Internet will be one of the first initiatives of the government’s central procurement agency, the Office of Government Commerce, when it starts up on 1 April, according to its first chief executive.

E-market for hospitality sector_3

Five of Europe’s leading hospitality companies are launching an online marketplace for the traditionally fragmented industry. In addition to Accor, Bass, Granada, Hilton and Whitbread, as well as their suppliers and customers, the plan is to attract other companies and create an open exchange.

Best commercial recruitment firm_3

sponsored by Intrinsica

Supplier Relationship Management_3

22-23 May 2002
Berns Hotel, Stockholm

Tesco pushes forums in farms row_3

Supermarket giant Tesco has insisted its supplier forums are the best arena for thrashing out prices with farmers.

Managing the Demand-Supply Chain_3

William Hoover, Eero Eloranta, Jan Holmstrom and Kat Huttunen John Wiley, £32.50 Rating: 4/5

University buying faces shake-up_3

Purchasing in higher education is heading for a shake-up, including the possible disbanding of geographically based purchasing consortia, following a review of co-operative procurement.

Co-op seeks supply chain savings_3

A crackdown on supply chain costs is planned when the Co-operative Retail Society (CRS) and the Co-operative Wholesale Society (CWS) merge in April, writes Liam O’Brien.

Purchasing pay continues to rise_3

Purchasing salaries have risen by 4.2 per cent over the past six months to March, but directors have taken a cut in average pay, according to the latest salary survey from Purcon Consultants.