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The book, of course, is no longer a complete history of Williams Electric Trains, for it predates the company's more recent history as a marketer of modern O-gauge electric trains (i.e., models in a scale of 1:48 operating on 3-rail track and being compatible with Lionel, K-Line, MTH, Weaver, and similar brands). However, the book may now be more significant than ever, for it provides the historical background not only for the Williams Electric Trains company but also for the MTH Electric Trains company, one of the largest and most successful marketers of toy electric trains in the United States today, a formidable competitor of the venerable Lionel company.
You see, one of Jerry Williams' earliest employees was a high school student named Mike Wolf. Employment at Williams Reproductions, Ltd. in the early 1970's gave Wolf his start in the toy electric train business, and several pages of this book deal with Wolf and another youthful employee, Andy Edleman. Wolf went on to found Mike's Train House, which has evolved into MTH Electric Trains. And Edleman? He is now the Vice President - Marketing at MTH Electric Trains.
Even though it is now 13 years old, The Story of Williams Electric Trains is required reading as "Chapter 1" in the history of not one but two of today's successful toy train marketers in the U.S. Any student of the domestic toy market, of the history of modern-day toys, of electric trains in general, or of the Williams or MTH electric train companies should have this book in his library. Married with the brand new book A Toy Train Story, the Remarkable History of M.T.H. Electric Trains, Hubbard's work on Williams will give a fascinating picture into the background of an intriguing and exciting hobby that has enthralled children and adults of all ages for over a century.
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The only shortcoming of the primer is that it is not comprehensive enough to allow the development of a distance learning program or the adoption of the distance-learning model to other environments such as in-house business education over an intranet or inter-business communications via the Internet.
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"The Midas Touch" is cut out of the same piece of cloth -- succinct and perceptive. Unfortunately, it is currently out of print, so if you can find a used copy, buy it.
There are passages that are of interest to a wider audience. The first portion of the book is a brief, but useful survey of different investment styles. Other passages provide an interesting distillation of Train's tips on what makes a good investor, for instance, his advice about reverse engineering the trades of well-regarded institutional investors ("start by piggybacking on the thinking of the best professionals"); keeping a conservative approach to investing (which he says favors " sober, seasoned, careful older people"), and honing of investment skills to a professional level. "Most points are lost on errors, rather than by forcing shots. Since the investor never has to act, he should focus on not making avoidable mistakes." There is not enough meat on the bone here, though, to rank this book as one of Train's better ones. Instead, readers new to his work are better off starting with The Money Masters and The New Money Masters, two books that rank among the best in the investment field.
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Replete with photographs of the railroad equipment involved in the book, background discussion and familiarity of the communities used in the book, a totally interesting fabric is woven into this novel. A diesel engineer at the top of his game watches his status as an 'ace' falling to oblivion and his tidy little world withering at the same time. Along the way, the dangers inherent in working on the steam equipment is vividly brought to life. People did die like this, unfortunately.
My only disappointment was that the story line could easily have been expanded at many points in the book. Though the book has a thorough and complete plot development, I think there are several missed opportunities for more development of several of the books' characters.
Hercule Poirot unravels the web of intrigue slowly and the finale is a wonderful feeling of recognition and the juicy understanding of the author's prowess.
This book is great reading, buy it, pick it up, read it through and then smile as I did when it was over. Weep because your enjoyment and suspense cannot continue as Poirot wraps up the ending.
Do not weep, there is the 'Sittaford Mystery' and 'A Murder is Announced' and 'The Murder of Roger Ackroyd' and 'Curtain' and the very excellent 'Mysterious Affair at Style' to read.
I am sure Agatha Christie fans everywhere wish she could have kept on writting forever as I do. We shall miss her always.