Understanding Wall Street, Fifth Edition

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  • Edition: 5th
  • Format: Paperback
  • Copyright: 10/13/2009
  • Publisher: McGraw-Hill Education

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With over 800,000 copies sold since it was first published in 1978, this investing classic has been completely updated for today's volatile market.

Author Biography

Jeffrey B. Little is a fully registered.investment analyst with FINRA. He formerly served as senior.analyst with Dean Witter (now Morgan Stanley) and vice.president of T. Rowe Price Associates.
.Lucien Rhodes is a financial journalist.with several years experience as an analyst and portfolio.manager in both commercial and investment banking.

Table of Contents

Prefacep. ix
What Is a Share of Stock?p. 1
How a company is organized
The meaning of profits and dividends
How stock prices are determined
Wall Street-How It Worksp. 15
A pictorial and narrative description of Wall Street's colorful history
The role of the investment banker
An explanation of listed and over-the-counter trading
Analyzing Your Companyp. 37
How to identify the best companies and interpret their financial statements
Using the reinvestment rate
Calculating financial ratios
Other highlights of security analysis
Reading the Financial Pagesp. 57
The history and calculations of the Dow /ones Averages
How to read the stock tables, earnings reports, stock split announcements, and other important news items
Investing and Tradingp. 81
Finding a stockbroker or investment advisor
Opening a brokerage account
Setting investment objectives
Understanding the margin account
How to make money in a bear market
Investment clubs
Exchange traded funds (ETFs)
Growth Stocksp. 117
The meaning of "the growth stock theory" of investing
How companies grow
Identifying growth companies
A guide on how much to pay for growth stocks
Manias, Fads, and Panicsp. 143
Recognizing investment bubbles
Examples and the pitfalls of emotional investing
The stock market crashes of 1929 and 1987
The recent dot-com bubble
From Wall Street to Main Streetp. 167
The Great Real Estate Bubble
A new investment landscape
Government versus business
Greed and atrocities
Bankruptcies and"bailouts"
Bonds, Preferred Stocks, and the Money Marketp. 185
An explanation of bonds and the bond tables
Calculating "yield to maturity"
Investing in convertible bonds
Tax advantages of municipal bonds
Understanding the Federal Reserve
The use of T-bills and other money market instruments
The Internetp. 211
The background of this fast-growing medium
How today's investors are using the World Wide Web
Global Investingp. 223
The emerging global market
The Japanese stock market
The markets in London, Germany, France, and elsewhere
Participating through mutual funds
Gold and Silverp. 239
Learning from the past
Gold and silver as a store of value
Supply and demand, production, and stockpiles
The investment opportunities and risks
A few equities
The Principles of Technical Analysisp. 255
Methods for improving market timing
Constructing bar charts and point & figure charts
How to read charts
The WST Ratio and other reliable technical indicators
Stock Options and Other Derivativesp. 287
How to use "put" and "call" options
The two dimensions of a premium
Valuing option premiums
Index options
Simple explanations of various option strategies
Other derivatives explained, including interest rate swaps and credit default swaps
Personalities of Wall Streetp. 325
Key players during the early days of Wall Street
Tycoons and stock traders
Great investors
The "movers and shakers" of today
Sourcesp. 339
A dictionary of Wall Street
Useful business publications
Investment services
Appendixp. 353
Historical annual statistics for the Dow Industrials and Consumer Price Index (CPI)
Illustration Creditsp. 357
Indexp. 359
Table of Contents provided by Ingram. All Rights Reserved.

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