The world of securities has its own special language--and the successful investor knows how to read it. This compact, easy-to-understand volume has everything one needs to master the vital information available in newspapers, business publications, and on computers. This guide is an investor's most reliable financial adviser offering clear explanations of basic statistics and translations of daily financial listings.
supposing that this book is accurate in what it explains (as a novice to investing I can't say whether it is) it was an awesome book to read because of its conciseness (something lacking in most books) and its clarity as to what means what. I don't plan to invest in individual stocks, bonds, futures, options anytime in the near future but at least I know what the hell those things are.
Pretty good and informative
Published by Thriftbooks.com User , 22 years ago
I checked out this book in an attempt to learn more about the meanings of all those acronyms and abbreviations you find in the listings and tables for stocks, funds, etc. both in the paper and on the Web. It does just that plus a tad more. It dedicates a section to indexes (DJIA, NASDAQ, etc.) and where they come from, what do they "say," etc. Finally it wraps up with a section dedicated to covering some basic economy concepts that affect investing: inflation, recession, fed rates, etc. It's pretty comprehensive for such a small book. Check it out if you want to get a primer. Don't go to it for answers on what or where to invest, because it's not meant for that.
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