Understanding Wall Street

Rating:
Summary: MaXimum Support for your Learning
Review: The BEST way to understand how Wall Street Work. Descriptions and Analysis are laid out in layman's terms. Im currently as a "junior" working for wall street. Fresh from college, I needed a book that I will enjoy and learn from it by heart. The analyst of my firm recommended this book. I, too, highly recommend this book for people who are determined to make MONEY in trading. It'll help you lessen your risks and sharpen your skills in determining factor that affects the stock market. Hope I was able to help.

Rating:
Summary: Great info, but it's dated
Review: This book is awesome at explaining the world of investing. It covers almost all aspects of trading and Wall Street a person would need to know. With just a couple of exceptions, the examples were extremely easy to understand. The one draw back to this book is its age. Some of the info in the book is no longer applicable due to the rapidly changing global economy, and it does not cover internet trading. Given this, I still consider this a must read for anyone considering investing.

Rating:
Summary: The Basic Ideas and Definitions
Review: This book is like a "Dummies Guide" to Wall Street. It covers all the basic concepts and theories at a low level or introductory level. The book is one of the best books available on Wall Street investing for the general reader. But the book is more technical like a dictionary or text book. It does not tell you what to do to invest.

If you are a general investor do not rush out and buy stocks - unless it is mad money for fun based on the book. You need to read more books. Here are some more books to read on the actual investing and market trends.

As a general investor I like three books. They are "Common Sense on Mutual Funds" by John C Bogle the founder of the Vanguard Group, and "Irrational Exuberance" by professor Robert J. Shiller. If you can read these books you will have the basic information needed to become a successful and diversified investor, Also I like "Random Walk down Wall Street" by Burton G. Malkiel. If you follow these three books, for the most part you will yield superior investing results. If you follow these books you will understand the markets, the trends, the volatility, the rewards and required patience - and you will not need a pesky and expensive stock broker/financial advisor.

4 stars.

Jack in Toronto

Rating:
Summary: Finally, the cat has been taken out of the bag!!!!
Review: This book is the perfect manual for the novice investor as in how to understand the finance world. Students would also benefit greatly specially if entering an internship. Thoughout its eleven sections, the book covers all of the basic topics that make Wall Street such an intriguing center of finance. It provides a detailed desrcription of the most simple concepts in finance. From what is a share of stock to stock options; it also breezes trhough a carefully told history of how Wall Street was born, grew, and became the international giant for which is known today. By becoming an ally of the reader, the book helps understand the theories behind investing, how to choose and analize a company so that it can meet the reader's financial needs. It also explains the various alternatives offered to novices and experts so they can see their money grow, it explains the mystery of risk, long-term and short-term financing. As well as it points out the importance of gold. Comparisons among the bull and bear markets come out, and the recent chaos would've been perfeclty understood if this book would've been part of your collection and you had little knowledge of this world. It's just an amazing book!!!!

Rating:
Summary: Perfect for the beginner . . . .
Review: This book was "required reading" when I first started in the investment business 16 years ago -- It was a fabulous introduction to Wall Street and the stock market. I have recommended it many times over the years, and continue to do so.

Rating:
Summary: Great for Starters and Sojourners Alike
Review: This is a great book on how Wall Street works, both in regards to its general mechanics and trends, as well as specific investment strategies. Its a bit from the old-school days before the rise and fall of NASDAQ, but its principles are time-tested and still apply today. It has some interesting history about Wall Street with some old photographs as well. The book often explains concepts by employing charts and specific examples, which is very helpful. Overall its intimations lean less toward the speculator and more toward the slow-growth investor, but it is essentially 'non-partisan' save for overall strategies and trends. This book is a must for the beginning investor and seasoned (might I say 'weathered') investor alike. Highly recommended.

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Summary: From a brokers perspective
Review: Understanding Wall Street is one of the best books I have read. When it comes to learning how the markets were formed and how they operate on a day to day basis this book is one the best.