From Library Journal
These two aids for inexperienced investors share the premise that common stocks provide the best opportunity for individuals to create wealth. Littauer (How To Buy Mutual Funds the Smart Way, Dearborn, 1992) provides a basic explanation of stock market terms, surveys industry groups, and highlights stocks he considers the best opportunity for the average investor. Though all those stocks are worthwhile, the information on them is somewhat dated, e.g., some of the stocks are from companies that have been taken over. Littauer favors making systematic purchases and reinvesting dividends, and he provides a list of companies offering dividend reinvestment plans. Slatter, a stock broker for 30 years, gives a less complete introduction to the investment vocabulary. He describes several systematic ways of investing that culminate in his own formula for picking stocks-one that, he claims, routinely beats the market. This book is likely to appeal to beginners who are comfortable with a calculator. Both titles are recommended for business collections.
Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.Copyright 1995 Reed Business Information, Inc.