As an accountant and an economist I can not ignore this book. Anyone wishes to engage in trading shares or commodities, I suggest reading this book. It is a good introduction to a beginner, or to those, who wishes to engage in trading equities. Fundamental analysis is simply not enough to succeed, you must know about technical analysis as well! It's simple to read, BUT it is a must to practise, as TA is an art, as well a science! An econometrician will question some aspects of the book (i.e. random walk), but this does not mean that the techniques explained in the book are not applicable in the real world. I gave 4 stars out of 5, as Murphy did not include much of research Journals (to make academics happy as well) in his book.