Generation Desperation: The must-read memoir of trading your way to a million dollars via Robinhood and WallStreetBets

Hardback Published on: 29/01/2026
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Synopsis

The modern-day American dream: one man's journey into the depths of Reddit trading forums chasing the promise of a 'better life'

'A fantastically compelling personal story that is also the story of a generation . . . Told with perfect timing.' - SIMON KUPER

'Searing insights into the challenges of coming of age in the 21st century . . . an instructive tale about a smart young man looking to grow up in the precariousness of our time.' - BLOOMBERG

AS FEATURED IN THE SUNDAY TIMES

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AFTER THE RISE, THERE COMES A FALL.

In 2020, Alexander Hurst was 29 years old and broke, living as a writer in a cramped Paris flatshare. 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.

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'Has an appealing timelessness . . . Hurst weaves the personal and the generational together with seamless ease in a thrilling book.' - SEB EMINA

'A riveting, tender, and painfully timely epic about what really matters.' - ANGELICA FERRARA

'Clever and brutally honest.' - LINDSEY TRAMUTA

Publisher information

  • Publisher: Hodder & Stoughton
  • ISBN: 9781399728287
  • Number of pages: 272
  • Dimensions: 240 x 162 x 28 mm
  • Weight: 477g
  • Languages: English

Customer Reviews

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Generation Desperation
Memoir Without Hindsight
It is rare to read a personal account of significant life events told by a young writer. The memoir is typically a genre for a much older person. Yet Ale... READ MORE
Trudy Hutchinson