Understanding Wall Street Paperback – Aug 1991
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From the Back Cover
One of History's Bestselling Investment Guides--Now Updated for a New Generation of Investors
Over the past quarter century, Understanding Wall Street has helped everyone from rookie investors to Wall Street veterans understand exactly how the market works and how to determine which stocks to buy ... and which to avoid. The fourth edition of this top-selling guide--still as easy-to-read, practical, and comprehensive as the first three--has been completely updated to help investors prosper in today's new, no-limits marketplace.
Praise for earlier editions of Understanding Wall Street:
"One of those rare publications that delivers exactly what it promises...consistently good."
"Recommended. An excellent introduction to stock market intricacies."
"Very thorough ... the Dow Jones becomes understandable, 'yield to maturity' makes plenty of sense, trendlines mean something to you, risk becomes more than a game, and puts and calls lose their mystery."
--Dallas Morning News
"A lucid guide to those downtown mysteries."
"Remarkable ... it remains as useful as ever ... Experience may be the best teacher, but this manual runs a close second."
--American Library Book Review--This text refers to an out of print or unavailable edition of this title.
About the Author
Jeffrey B. Little has been a stock market professional for four decades, and currently writes and publishes Wall Street books and software. Formerly a senior analyst with Morgan Stanley and vice president with T. Rowe Price Associates, he also wrote The Great Index Mania.--This text refers to an out of print or unavailable edition of this title.
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Top Customer Reviews
If you are a general investor do not rush out and buy stocks - unless it is mad money for fun based on the book. You need to read more books. Here are some more books to read on the actual investing and market trends.
As a general investor I like three books. They are "Common Sense on Mutual Funds" by John C Bogle the founder of the Vanguard Group, and "Irrational Exuberance" by professor Robert J. Shiller. If you can read these books you will have the basic information needed to become a successful and diversified investor, Also I like "Random Walk down Wall Street" by Burton G. Malkiel. If you follow these three books, for the most part you will yield superior investing results. If you follow these books you will understand the markets, the trends, the volatility, the rewards and required patience - and you will not need a pesky and expensive stock broker/financial advisor.
Jack in Toronto
From the preface:
"The stock market is rarely taught in high school, and even on the college level, investment courses are typically selected only by students with specialized business interests. Moreover, investors have found it difficult to educate themselves, even with the flood of literature available to date. Free pamphlets and superficial guides have not provided substance, encyclopedic texts have been too intimidating, and the "get-rich-quick" books have deluded investors with false hopes of easy gains.
Understanding Wall Street provides a good practical education by combining investment fundamentals and many useful analytical techniques."
Most recent customer reviews
If you have any desire to learn about the stock market this is the book for you. It starts from the very begining how wallstreet got its name and the very first markets in the... Read morePublished on Oct. 10 2002 by T. A Kelley
This book was "required reading" when I first started in the investment business 16 years ago -- It was a fabulous introduction to Wall Street and the stock market. Read morePublished on May 10 2002 by Debbie
By far the best introduction to investing out there. Trust me, I've read dozens of books on this topic. This is the creme of the crop. Read morePublished on Jan. 6 2002 by AAA
Although this book discusses the basics of Wall St, I still highly recommend it. It's so clear and easy to read. Read morePublished on Aug. 29 2001
I have used this book for nearly 20 years in teaching adults the basics of investing. Regretfully, it desparetly needs to be revised as some information in the book has become... Read morePublished on Nov. 10 2000
This is a good little primer for those wanting to know simple things like what a bond is, what a stock is, what a P/E ratio is, what determines bond yields and stock prices,... Read morePublished on April 6 2000 by ltp1
To someone who knows nothing about wall street, this is an excellent introduction. My only complaint is that there's too much information to absorb in one reading.Published on Sept. 17 1999
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