Understanding Wall Street

Of all the books on Wall Street and the stock market that have appeared over the years, none has had the impact or staying power of this book. Since it was first published in 1978, Understanding Wall Street has been recognized as the leading primer on the stock market. Now this unsurpassed guide is available in a updated edition for the 1990s. Little and Rhodes examine the effects of the crash of 1987 and provide fresh material, including several all-new chapters, on junk bonds and growth stocks, program trading, gold and silver, investor resources and services, and international investment. Readers also learn how to interpret business news and how to protect themselves in a bear market.

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