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FOREWORD
Peter C. Newman
This book is an autobiography of Andy Sarlos's thirty years on Bay Street. It draws its fascination from several sources: his astute observations on how Canada's financial district works, based on his sketches of its most interesting motivating characters; his detailed descriptions of the deals that made him famous - winning and losing a couple of fortunes in the process; and his reminiscences of a most unusual Communist childhood in his native Hungary, followed three decades later by his return as a capitalist hero.
My own friendship with Andy dates back to the early 1970s when I discovered him, first as a news source, later as an investment adviser, and ultimately as a friend. It was always a cause of puzzlement to me that he would tell you the most fabulous secrets of what was really happening on Bay Street in a conspiratorial whisper over the telephone - as if speaking in a low, guttural Hungarian accent would somehow protect his anonymity. Unlike most Bay Street operators, he not only had a broadly-based view of the world - its cultural and social pressures and not just its economic and political realities - but knew most of the important players who made history happen. I found, as have most of his confidants, that Andy's most creative acts are reserved, not for the cold arena of the stock market, but for his warm tending to his friends, especially when they feel troubled. Those who know him best, love him most.
People who write autobiographies tend to wait until they have completed their life's work. That certainly isn't the case with Andy Sarlos. The fact that he has been declared clinically dead twice because of heart trouble has hardly slowed him down. He's at his desk