The Stock Market (Wiley Investment) (Hardcover)

~ Richard J. Teweles (Author), Edward S. Bradley (Author) "This book is about stock markets and the way they work..." (more)
Key Phrases: lower striking price, consolidated tape, ticker service, New York, Wall Street, United States (more...)

Editorial Reviews

Product Description

A CLASSIC REVISITED—AND JUST IN TIME

The most popular and respected guide to every facet of the stock market has now been thoroughly updated to reflect the dramatic shifts that have taken place over the past several years. This Wall Street classic continues to provide the most current and comprehensive coverage of the market's participants, principles, and practices.

In easy-to-follow, straightforward terms, The Stock Market, 7th Edition shows you how the market works. Beginning with the basics, it takes you from the market's history and products to its basic structure and operation, to the actual techniques used by shareholders and traders. Based on the authors' more than 70 years' combined experience in the field of finance, it shows you how to buy stocks, transact a buy order, and master the often tricky techniques of money management, pyramiding, options, and much more. Every topic is examined from both a broad top-down perspective and with step-by-step guidance.

Packed with clear definitions, cutting-edge strategies, and helpful examples, this new edition provides in-depth information on topics that have changed how stocks perform, as well as how they should be handled. In addition to the globalization of the securities business, regulatory changes, program trading, and advances in online services, you'll find details on key developments in several important areas, including the derivatives market, index fund investing, and technical and fundamental analysis.

Covering everything from municipal securities and maintenance calls to serial bonds and NASDAQ, this exhaustive reference is invaluable for understanding stock market fundamentals. Now more than ever, it is the one guide every market participant—whether individual investor, broker, or financial advisor—should own.

Averages

• Bearer Bonds
• Breakpoints
• Bull and Bear Spreads Common Stock
• Covered Options
• Derivatives
• Dollar Averaging
• Excess Equity
• Exempt Securities
• Flash Prices
• Hedging
• Municipal Securities
• New York Stock Exchange
• Price-Earnings Ratio
• Puts and Calls
• Reverse Splits
• Rolling Over
• Stock Splits Straddles
• Transfer Agents
• Zero Coupon Bonds.

Praise for previous editions of The Stock Market.

"This is a terrific primer on the industry. The authors have created an easy-to-understand and thorough update of this investment classic."—Michael Holland, Vice Chairman, Oppenheimer & Co., Inc.

"The classic every investor who has ever read a book grew up on . . . for both the beginner and the experienced professional alike, this [new] edition is a marvelous reference tool. A must for every investment library."—Stock Market Magazine.

From the Inside Flap

The most popular and respected guide to every facet of the stock market has now been thoroughly updated to reflect the dramatic shifts that have taken place over the past several years. This Wall Street classic continues to provide the most current and comprehensive coverage of the market’s participants, principles, and practices. In easy-to-follow, straightforward terms, The Stock Market, 7th Edition shows you how the market works. Beginning with the basics, it takes you from the market’s history and products to its basic structure and operation, to the actual techniques used by shareholders and traders. Based on the authors’ more than 70 years’ combined experience in the field of finance, it shows you how to buy stocks, transact a buy order, and master the often tricky techniques of money management, pyramiding, options, and much more. Every topic is examined from both a broad top-down perspective and with step-by-step guidance. Packed with clear definitions, cutting-edge strategies, and helpful examples, this new edition provides in-depth information on topics that have changed how stocks perform, as well as how they should be handled. In addition to the globalization of the securities business, regulatory changes, program trading, and advances in online services, you’ll find details on key developments in several important areas, including the derivatives market, index fund investing, and technical and fundamental analysis. Covering everything from municipal securities and maintenance calls to serial bonds and Nasdaq, this exhaustive reference is invaluable for understanding stock market fundamentals. Now more than ever, it is the one guide every market participant—whether individual investor, broker, or financial advisor—should own.

See all Editorial Reviews

Product Details

• Hardcover: 576 pages
• Publisher: Wiley; 7 edition (September 7, 1998)
• Language: English
• ISBN-10: 0471191345
• ISBN-13: 978-0471191346
• Product Dimensions: 9.1 x 6.1 x 1.9 inches
• Shipping Weight: 2.1 pounds (View shipping rates and policies)
• Average Customer Review: 4.2 out of 5 stars  See all reviews (5 customer reviews)
• Amazon.com Sales Rank: #705,829 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

7 of 7 people found the following review helpful:

4.0 out of 5 stars Review of 'The Stock Market', various editions., November 25, 2001

By	Clifford H. Critchett (Fort Worth,, Texas USA) - See all my reviews

This review is from: The Stock Market (Wiley Finance Editions) (Paperback)

The title of the book suggests no bias or agenda for the work. It simply adopts the title of a very broad and complex area of commerce as it's own name; The Stock Market. The book offers a basic understanding of many aspects of the 'Market'in a way that the un-initiated can understand. Anyone looking for help in selecting a sure path to riches will be dissapointed. Anyone seeking an understanding of the basics, and how various aspects of the 'Market' relate to each other will be rewarded.

This book deliveres knowledge and understanding without bias. It can serve as general reading material or as a reference. It prepares the reader to select and understand other material.

New editions appear when the 'market' changes enough to warrant new material. The content is up to date without being padded by trendy but useless material.

Cliff Critchett
end of review comments

6 of 7 people found the following review helpful:

5.0 out of 5 stars A Very detailed Primer., February 22, 2000

By	fling (NY) - See all my reviews

Although this book is an introduction as well as a reference, some knowledge of stock market is assumed. The author often uses technical terms without defining them in the chapter(although there is a small dictionary in the back). If you have traded once or twice before, you should know at least some of those terms.

1 of 1 people found the following review helpful:

3.0 out of 5 stars Missing important concepts, September 4, 2007

By	J.B. Millerton (Minneapolis, MN USA) - See all my reviews

Here is an example of topics not covered: Employee Stock Options, Secondary Offerings and Stock Dilution. This text operates as if IPOs and treasury stocks are the only way to issue new shares. See the Motley Fool website for more details.