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 A good Primer Apr 11, 2008
This book is a great primer if you are interested in investing and wall street. Don't expect how to beat the market with it. I used it to formularize myself with general investing concepts before delving into more complex books, and it did the job beautifully. This book is most likely useless for a veteran.
Primer on Wall Stree Terms Feb 03, 2008
If you are vivid WSJ reader, this book will enlighten you with good background on most frequently used terms in financial jargon. I found this book very useful and examples quoted are simple and easy to understand.
I definetly expected more clarity on Currency topic in this book and ofcourse it would be nice to read from this author about current subprime mortage crisis which has global impact now.
Overall, it is definetly a good book to read to understand basics of lot of terms used in INVESTMENT world.
2 of 2 found the following review helpful:
An Introduction to Wall Street Nov 17, 2007
As often happens, the marketing title does not accurately reflect the author's purpose in writing the book. As a brief introduction to Wall Street terminology, history, and trivia, this book is an absolute gem. It is not, however, a "complete guidebook" to "money & investing." The book does offer excellent layman overviews on "money & investing" topics including stocks, bonds, mutual funds, options, futures, real-estate, and retirement investing. The coverage is as "complete" as can be expected from a 200-page book. The author's emphasis is in clarifying concepts at the operational level rather than getting lost in the mathematical details. True to the spirit of a "guidebook," there are sections on "online resources" and "suggesting reading" at the end of each chapter. However, even the "suggested reading" does not go deep enough. So, when you're ready to dig deeper, you would be well advised to pick up a college text on corporate finance.
1 of 1 found the following review helpful:
An Excellent beginner's overview Jul 20, 2007
In concurrence with other customer reviews, this is an excellent book on the fundamentals of investing. The only reason I didn't rate it 5 stars is because the author doesn't address the question so many beginners often pose, "what is a stock?". He provides excellent easy-to-read descriptions of practically every major investing vehicle, but just doesn't broach this most elementary of questions.
1 of 1 found the following review helpful:
Great starter! Jun 16, 2007
If you want to be able to understand what the market pros are talking about on CNN, make this book your first pick. You'll learn mostly how the market works and how to use the tools of investing -- more so than how to make big bucks.
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