Understanding Wall Street

Explains how the stock market works, offers advice on reading the financial pages, and discusses stocks, bonds, precious metals, technical analysis, and stock options

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."

--Barron's

"Recommended. An excellent introduction to stock market intricacies."

--Booklist

"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."

--Newsday

"Remarkable ... it remains as useful as ever ... Experience may be the best teacher, but this manual runs a close second."

--American Library Book Review