- Series: Wall Street Journal Guides
- Paperback: 224 pages
- Publisher: Crown Business; unknown edition (December 27, 2005)
- Language: English
- ISBN-10: 0307236994
- ISBN-13: 978-0307236999
- Product Dimensions: 5.2 x 0.6 x 9.1 inches
- Shipping Weight: 4 ounces (View shipping rates and policies)
- Average Customer Review: 76 customer reviews
- Amazon Best Sellers Rank: #30,114 in Books (See Top 100 in Books)
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The Wall Street Journal Complete Money and Investing Guidebook (Wall Street Journal Guides) unknown Edition
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From Publishers Weekly
Neither a hands-on investment manual nor a basic introduction to investing, Kansas's book straddles the divide between those two extremes, but has trouble finding a comfortable spot. Kansas tries too hard to reach casual readers, as when he compares the New York Stock Exchange to a lemonade stand or a trading specialist to a traffic cop, two simple analogies that give way to a stream of jargon and technical details that may overwhelm readers unfamiliar with big finance. Luckily, Kansas never strays far from the wry humor he uses to enliven the finer points. For example, in a discussion of the high risks of venture capital, Kansas writes, "Venture capital is a lot as its name applies, though one is tempted to place 'ad' before 'venture.'" The book isn't afraid to wade into controversies such as Henry Blodgett's questionable stock recommendations, and at its best it feels as though an experienced financial journalist is gossiping with the reader over drinks. As its title suggests, this book is a primer, providing backgrounds on every major type of investment or financial activity, with a pleasing economy of style that incorporates sidebars for people seeking more in-depth information on how to read stock listings or the history of the Dow Jones Industrial Average. The ideal reader of this book isn't a total financial novice, but readers with an at least cursory understanding of trading, investments and economics will find Kansas' book a rewarding read.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
About the Author
Dave Kansas is editor of The Wall Street Journal’s Money & Investing section and the author of The Street.com Guide to Smart Investing in the Internet Era. He lives in New York City.
Top customer reviews
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THAT job, it does admirably. You'll get a overview of all the terms you're likely to run into: stocks, bonds, options, futures, etc. But a brief overview is about all it does. There are some pearls, a few insightful comments, and (the best part) a nice selection of web sites for future reference.
If you're looking for a quick read, and a concise overview of finances and American economics, this book is very good. But if you think it will actually help you do something practical with your own finances, you may be disappointed by its superficial treatment.
Scoring note: The book would have been a 4 if the title had been "A Brief Overview of American Economics and Investing."