Understanding Wall Street, Fifth Edition

Jeffrey Little and Lucien Rhodes' treatise "Understanding Wall Street" is a very valuable guide for the neophyte desiring the critical knowledge of how the financial nerve center of North America operates. Rich with historical insight, this guide details the origins and subsequent transformation of some of the world's most prominent stock exchanges located on the street synonymous with wealth and power: Wall Street. To that end the guide is easily readable and understandable. Complete with examples, explanations, and a comprehensive glossary I found the guide to complete and fill a hole in the much needed understanding of the financial facet of comparative government and civic theory studies. I rate the text at five stars for providing a lot of information at only 300 pages. This review refers to the 2004 Fourth Edition.

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

By far the best introduction to investing out there. Trust me, I've read dozens of books on this topic. This is the creme of the crop. Gives clear step-by-step explanations of basic strategies and what all the various important investment terms mean. I re-read this classic every couple of years to review.

Although this book discusses the basics of Wall St, I still highly recommend it. It's so clear and easy to read. If you had any confusion about why Wall St works the way it does this book will give you the answers.Excellent book for Beginners or can be used as a Refresher.

This book is the perfect manual for the novice investor as in how to understand the finance world. Students would also benefit greatly specially if entering an internship. Thoughout its eleven sections, the book covers all of the basic topics that make Wall Street such an intriguing center of finance. It provides a detailed desrcription of the most simple concepts in finance. From what is a share of stock to stock options; it also breezes trhough a carefully told history of how Wall Street was born, grew, and became the international giant for which is known today. By becoming an ally of the reader, the book helps understand the theories behind investing, how to choose and analize a company so that it can meet the reader's financial needs. It also explains the various alternatives offered to novices and experts so they can see their money grow, it explains the mystery of risk, long-term and short-term financing. As well as it points out the importance of gold. Comparisons among the bull and bear markets come out, and the recent chaos would've been perfeclty understood if this book would've been part of your collection and you had little knowledge of this world. It's just an amazing book!!!!