2 of 3 people found the following review helpful
Excellent for understanding how the markets really work,
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This review is from: Financial Times Guide to the Financial Markets (The FT Guides) (Paperback)
A very thorough introduction for the novice to the financial industry, and how the professionals within it operate. A brief history is outlined as to how and why institutions such as money, banking, stock markets evolved, why they are still necessary today, and an account on the recent financial crisis and lessons to be learnt. It covers all the fundamentals and carefully explains them in plain english. A list of websites to follow-up information is also provided after each chapter. I shown this book to an economics graduate and he claimed the content was equivalent to a first year's study of an economics degree.
I would also recommend the author's 'FT Guide to Investing'.
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