Cover image for Understanding Wall Street : a bound volume of the Wall Street Library
Understanding Wall Street : a bound volume of the Wall Street Library
Little, Jeffrey B.
Personal Author:
Publication Information:
Cockeysville, Md. : Liberty Pub. Co., [1978]

Physical Description:
219 pages : illustrations ; 21 cm
General Note:
Includes index.
Added Author:
Format :


Call Number
Material Type
Home Location
Item Holds
HG4923 .L57 Adult Mass Market Paperback Central Closed Stacks-Non circulating

On Order

Reviews 1

Choice Review

Now in its fourth edition (3rd ed., 1991), Understanding Wall Street is a clearly written primer that explains the terms and mechanics of investing. The material is primarily descriptive; no claims or illustrations of how to beat the market are provided. The material ranges from basics such as definitions of a stock and a bond to descriptions of more sophisticated investments such as puts and calls. Coverage encompasses mutual funds, growth stocks, gold and silver, dividends and stock splits, global securities markets, and simple ratios used in fundamental analysis. While the chapters are brief, they include a wealth of information. For example, the chapter on technical analysis covers more than 20 chart patterns, moving averages, candlestick charts, and other technical indicators. Some surprisingly sophisticated material is included, e.g., the Wall Street Trader ratio (WST ratio) and the CBOE volatility indexes. A chapter on fads and manias reminds readers that investors who do their homework perform better than those who chase fads. An extensive index facilitates locating specific topics. In sum, the book is well worth its modest price as a convenient source of information for beginning investors and general readers. ^BSumming Up: Recommended. Public and lower-division academic library collections. H. Mayo The College of New Jersey