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The Wall Street Journal, Guide to Understanding Money and Markets [Paperback]

Richard Saul Wurman


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Paperback, Nov 1990 --  
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Synopsis

Answers the most frequently asked questions about stocks, bonds, mutual funds, tax-deferred annuities, various retirement plans, real-estate investments, trading options, commodities, and other personal investment opportunities. Original. 50,000 first printing. --This text refers to an out of print or unavailable edition of this title.

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Amazon.com: 4.2 out of 5 stars  4 reviews
14 of 14 people found the following review helpful
2.0 out of 5 stars Outdated Facts and Perspective on Financial Markets 26 July 2000
By Donald Mitchell - Published on Amazon.com
Format:Paperback
This classic of basic definitions has a new edition that came out in 1999. Although I have not yet read that one, I do suggest that you skip this one.
The book is filled with discussions of how investors value stocks that few serious investors would recognize. There is almost nothing about investing outside the United States. NASDAQ gets almost no mention. The information about discount brokers is wrong. The terminology for describing many types of stocks was never correct, as best as I can recall.
The facts that are correct relate mostly to trivia, like what the number on a stock certificate means. It could help you answer a question on Do You Want To Be a Millionaire? but has little other practical use. Many of these facts (such as how to read the stock tables) can be garnered by simply reading the footnotes in The Wall Street Journal or Barron's.
This book is a good example of the communication stall. We tend to believe everything that we read from what should be reliable sources, even when the information is often faulty.
Donald Mitchell....
7 of 7 people found the following review helpful
5.0 out of 5 stars Great for People New to Investing 28 Mar 2000
By A Customer - Published on Amazon.com
Format:Paperback
This book is excellent for people who are new to investing and managing their own money. It is colorful, easy to read, gives great real-life examples and provides a great index to the book can be used as a referrence manual. The book can be read rather quickly to give someone a feel for understnading stocks, bonds, mutual funds, futures and money in general. It's a must read prior to investing money.
5.0 out of 5 stars This really helped 21 Feb 2014
By pamela - Published on Amazon.com
Format:Paperback|Verified Purchase
I have been wanting to learn about investing for a long time. This was one of the better and most thorough books I read. It really helped me to understand how stocks are valued. If you are new to investing this book will definitely help you learn the basic fundamentals.
5.0 out of 5 stars Great starter book 18 Jan 2013
By S. Vine - Published on Amazon.com
Format:Paperback|Verified Purchase
Really excellent book to introduce you to money and markets, easy to read and reference back to until you are ready to move on to more complex explanations of whatever you think you need to learn more about.
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