The Essential Features of Securities - Softcover

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9781334347498: The Essential Features of Securities

Synopsis

This book categorizes and describes the many attributes of securities for the discerning investor. It explores many factors which affect security value, including the general health of the economy, specific industries, companies, and even individual stocks. The author underscores the importance of the distinction between the certainty of income through fixed-yield bonds and the speculative windfalls available through stock-trading. They illuminate the ways in which various characteristics influence stock fluctuation, such as the history, size and stability of the underlying company. To further aid decision-making, the publication also examines the degree of ‘manipulation’ possible depending on the popularity of a particular stock and exchange in which it is traded. An investor can use these insights to gauge the relative safety, potential yield, liquidity, and volatility of various securities. The book is distinguished by its rigorous use of historical data to illustrate concepts, which gives the work a uniquely academic edge. Its insights will prove invaluable to both the uninitiated investor and those with substantial experience.

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