Michael Becket - How the Stock Market Works
People are constantly being affected by the fluctuations in the global economy and by financial uncertainty - with major impacts on their savings, portfolios, and pensions. Some might see recessions as the very worst time to invest in the stock market, but many of the world's most successful investors insist that a market downturn is a very moment when people should be investing.
Fully updated for this fourth edition, How the Stock Market Works tells investors what is being traded and how, who does what and to whom, and how to evaluate both the shares and the proponents' claims about them. Covering crucial issues such as the practical consequences of being a shareholder, this book provides a wealth of information on the stock market and how to use it to one's advantage.
"[A] fine pick for business and personal finance collections." --Midwest Book Review "This book cuts through the institutions' mystique with basic information for the amateur... covers all the important issues and takes a skeptical swipe at the pretentious jargon employed by the so-called experts." --Industry
"Updated fourth edition provides information on how the investment industry works and how to invest successfully." --Journal of Economic Literature
A comprehensive introduction to the stock trading process
About the Author
Michael Becket is a much-respected financial journalist who has been London's The Daily Telegraph's small-business editor for the past 10 years.
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