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Generation Desperation

The must-read memoir of trading your way to a million dollars via Robinhood and WallStreetBets
Brief Description
'Somewhere in the multiverse, innumerable possibilities are collapsing into infinite different realities. Am I happier in any of them? I still don't know. The answer to that question is just one more thing that $1.2 million could never buy.'In 2020, Alexander Hurst was 29 years old... Read More
Format: Paperback / softback
$3999
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The remarkable story of how one man made a million dollars in online trading and lost it overnight - from the voice of a generation.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description
'Somewhere in the multiverse, innumerable possibilities are collapsing into infinite different realities. Am I happier in any of them? I still don't know. The answer to that question is just one more thing that $1.2 million could never buy.'

In 2020, Alexander Hurst was 29 years old and broke, living as a writer in a cramped Paris flat-share. There were murmurs that a global pandemic was coming. Financial stability seemed unattainable, so far removed from his reality - the reality of the generation who came of age during the 2008 financial crisis.

On a whim, he poured his meagre savings into highly risky options trading. Within a year this small set of stocks was worth $1.2 million. Enough to turn his life on its head - but not in the way he had imagined, as he began a slow motion descent into losing it all.

In exploring Alexander's remarkable rise and fall from wealth, Generation Desperation grapples with the vital questions of our age: what do class and status mean in a late-stage capitalist society? Can everyone really build the life they want? Or is there a cost to pursuing money above everything?

Generation Desperation is an urgent, unmissable fable for our times.

Book Details

INFORMATION

ISBN: 9781399728294

Publisher: Hodder & Stoughton

Format: Paperback / softback

Date Published: 29 January 2026

Country: United Kingdom

Imprint: Hodder & Stoughton

Illustration: N/A

Audience: General / adult, Tertiary education, Professional and scholarly

DIMENSIONS

Spine width: 28.0mm

Width: 152.0mm

Height: 232.0mm

Weight: 329g

Pages: 272

About the Author

Alexander Hurst is a writer whose long-form essays and reportage have appeared in the Guardian, Hazlitt, The New Republic, Eater, The Caravan, and elsewhere. Originally from Cleveland, Ohio, he has an undergraduate degree from Amherst College, Massachusetts, an MSc in International Relations from the London School of Economics, and an MA in Public Policy from Sciences Po, where he has also taught a first-year seminar on contemporary democracy in the United States. He writes a wide-ranging, regular column about French and European issues for the Guardian. He lives in Paris.

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