Customer Reviews

How the Stock Market Works (New York Institute of Finance)

5 star:		(3)
4 star:		(1)
3 star:		(4)
2 star:		(1)
1 star:		(2)

 

 

Rather than providing any sort of investment advice, this book explains the actual workings of the stock market. How a trade flows from a customer, through a broker, to the floor, and on to the various settlement engines. It's good background for anyone who invests in the market, and especially useful to anyone who works in (or with) the financial IT industry.

As other reviewers have noted, the poor copy-editing is embarassing. But even with all the typos, the information presented is very useful.

Did someone forget to proofread this? Are all of NYIF's books this shoddy?

Better would be:

The Motley Fool Investment Guide

A Random Walk Down Wall Street

Beating the Dow

Learn to Earn

As a beginner, I found the book to give a good overview of the stock market functionning. It is quite thorough and explains all the fundamental mechanisms. I would also recommend 'What you need to know before you invest' from Rod Davis

I had high hopes for this book, as the topics outlined in the table of contents seemed thorough and well organized. Unfortunately, the writting and editing are only fair, which makes the book read as if intended for a grade school audience.

In the next edition, a section describing the NASDAQ and how it functions would enhance the value of this book.

Would have been a plus if this book included a list of additional titles for further reading on the topics covered.

This book has numerous typos and mistakes, and does not explain very well how the stock market works.

This book should be the starting point for all investors and/or people interested in investing. It is broken down into numerous chapters, each explaining in detail, almost every facet of the history of and investing in general. This book is where you should begin

I am just beginning to learn about the stock market, and all the other dimensions that go along with it. I found this book quite informative, I have read it two times now. I use this as a text book to study from. I am also reading other books on the subject to make sure the information I learn is correct.

I needed this book for my masters course (MSF-Degree). Love the book, the delivery was prompt and as advertised.

While this may be a reasonable introduction to the basics of the market and its terminology, it is undermined by truly horrendous editing. Typographic mistakes abound. I hope the editor is more careful with his money than he is with his words.

Prentice-Hall is notorious for sloppy textbooks, and this book is in the company tradition. The text was not edited, proofread, or fact-checked. The glossary entry for wash sales is egregious, but almost any page provides examples. All information in this book is therefore suspect.