Understanding Wall Street [Paperback]

Jeffrey B. Little (Author), Lucien Rhodes (Author)

Book Description

Series: Understanding Wall Street | Publication Date: August 1, 1991

Of all the books on Wall Street and the stock market that have appeared over the years, none has had the impact or staying power of this book. Since it was first published in 1978, Understanding Wall Street has been recognized as the leading primer on the stock market. Now this unsurpassed guide is available in a updated edition for the 1990s. Little and Rhodes examine the effects of the crash of 1987 and provide fresh material, including several all-new chapters, on junk bonds and growth stocks, program trading, gold and silver, investor resources and services, and international investment. Readers also learn how to interpret business news and how to protect themselves in a bear market.

--This text refers to an out of print or unavailable edition of this title.

Editorial Reviews

From the Back Cover

One of History's Bestselling Investment Guides--Now Updated for a New Generation of Investors

Over the past quarter century, Understanding Wall Street has helped everyone from rookie investors to Wall Street veterans understand exactly how the market works and how to determine which stocks to buy ... and which to avoid. The fourth edition of this top-selling guide--still as easy-to-read, practical, and comprehensive as the first three--has been completely updated to help investors prosper in today's new, no-limits marketplace.

Praise for earlier editions of Understanding Wall Street:

"One of those rare publications that delivers exactly what it promises...consistently good."

--Barron's

"Recommended. An excellent introduction to stock market intricacies."

--Booklist

"Very thorough ... the Dow Jones becomes understandable, 'yield to maturity' makes plenty of sense, trendlines mean something to you, risk becomes more than a game, and puts and calls lose their mystery."

--Dallas Morning News

"A lucid guide to those downtown mysteries."

--Newsday

"Remarkable ... it remains as useful as ever ... Experience may be the best teacher, but this manual runs a close second."

--American Library Book Review

--This text refers to an out of print or unavailable edition of this title.

About the Author

Jeffrey B. Little has been a stock market professional for four decades, and currently writes and publishes Wall Street books and software. Formerly a senior analyst with Morgan Stanley and vice president with T. Rowe Price Associates, he also wrote The Great Index Mania.

--This text refers to an out of print or unavailable edition of this title.

Product Details

• Paperback: 259 pages
• Publisher: Liberty Hall Pr; 3rd edition (August 1, 1991)
• Language: English
• ISBN-10: 0830604790
• ISBN-13: 978-0830604791
• Product Dimensions: 7.9 x 5.6 x 0.7 inches
• Shipping Weight: 11.4 ounces
• Average Customer Review: 4.7 out of 5 stars  See all reviews (27 customer reviews)
• Amazon Best Sellers Rank: #662,618 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

20 of 21 people found the following review helpful:

4.0 out of 5 stars The Basic Ideas and Definitions, July 16, 2006

By 

J. E. Robinson - See all my reviews
(REAL NAME)   

This review is from: Understanding Wall Street (Paperback)

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.

12 of 12 people found the following review helpful:

4.0 out of 5 stars Great info, but it's dated, August 28, 2003

By 

sseale (New York) - See all my reviews

This review is from: Understanding Wall Street (Paperback)

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.

8 of 8 people found the following review helpful:

5.0 out of 5 stars A ABSOLUTE MUST READ, October 10, 2002

By 

T. A Kelley "kelleyt" (pueblo, colorado United States) - See all my reviews
(REAL NAME)   

This review is from: Understanding Wall Street (Paperback)

If you have any desire to learn about the stock market this is the book for you. It starts from the very begining how wallstreet got its name and the very first markets in the usa.It should cover just about any nuts and bolt question.It takes you thru a mock corporation to the point that it sells shares in the company.If i had just one book to reccomend for understanding the workings of wall street this is it.This should be mandatory reading for any class