Product Description
From the Foreword by Charles Schwab"The Investor's Business Daily Guide to the Markets is. . .clear, concise, innovative, and authoritative, giving you the information you need to make important investment decisions with confidence. Whether you're a new or experienced investor, you'll learn a great deal from this book. What a pleasure it is to discover a book that tells it like it is with no hidden agendas. It's sure to pay you dividends and capital gains again and again in the years ahead."
"Before investing in the markets, you should invest in this book." —Alice Kane Executive Vice President, New York Life Insurance Company
"Investor's Business Daily Guide to the Markets is the quintessential guide for anyone interested in gaining insight and helpful information about the financial markets." —Louis G. Navellier, President, Navellier & Associates Inc., Editor, MPT Review.
"A great book for people who want to understand the markets. Don't miss this comprehensive roundup—the mutual funds chapter alone is worth the price of the book." —James M. Benham, Chairman of the Board, Benham Funds.
"Developing an investment portfolio is like building a house: you must start with a solid foundation. This book gives you the investment foundation you need. Buy it before you put another dollar in stocks, bonds, or mutual funds."—Ted Allrich. author, The Online Investor "The On-line Investor" (America Online).
"Bill O'Neil, for years the unheralded hero of institutional investors worldwide, began offering his expertise to the individual investor over ten years ago through Investor's Business Daily newspaper. Now his Investor's Business Daily Guide to the Markets takes the next step for investors by putting basic financial information into meaningful terms and useful strategies. This is a 'must read' for all investors —big and small." —Richard W. Perkins, CFA, President and Portfolio Manager, Perkins Capital Management, Inc.
Average Customer Review:
0 of 0 people found the following review helpful:
Excellent for beginners, 2007-10-21
This is one of the best books on the market for beginners. It contains all things that a beginner needs to know about what a stock is, how the stock market operates, capitalism, how free markets operate and much more. It explains how to really invest and trade for profit using valuations, technical stock movements and emotional factors. It also expands into the futures and bond markets and explains options and selling short. I found the chapter that tracked all the greatest performing sectors for each year over the last century very informative. This book is just packed full of information that you will learn from and be able to profit from in the markets. The only reason I did not give it five stars was due to it needing an update, it is a 10 year old book and I would like to see the last ten years added in to an updated version of this book.
Also check out Jason Kelly's "Neatest little guide to stock market investing" for another great book for beginners.
4 of 4 people found the following review helpful:
Excellent introduction to the stock market., 2006-03-01
Even a novice could learn the working of western
economics ( capitalistic ), the influence of Government
intervention, the mechanics of the stock market, and
the way to use the best investment paper today: Investor's
Business Daily. Only criticism: you should have noted
that the book is the same as the one published 10 years ago,
and not a new edition!
10 of 11 people found the following review helpful:
Excellent Primer on Stocks, Funds, Bonds, Options, Futures, 2004-03-23
This book is pure gold for investors who are just getting started in playing the market. Coupling this book with a subscription to Investor's Business Daily will help you make good decisions quickly and minimize the punishing losses that naive investors sometimes take. IBD does a good job of explaining technical issues in easy to understand language along with showing pertinent charts and graphs.
13 of 14 people found the following review helpful:
Good for beginning CAN SLIM investors, 2004-03-06
This book is actually half decent it isn't near as good as How to make money in stocks but it covers a lot of relevant information for newer investors.The chapters cover these wonderful topics:
* Capitalism: What it is and why it works
* The stock market: Primer on what stocks are and how the market works
* Mutual funds
* Options
* Bonds
* Futures market
* Economics and economic indicators
The book reminds me of Investing Smart however Guide to the Markets is at least 10 times better and covers more topics, not to mention the writers are much better than Dhun H. Sethna.
I recommend this for beginning CAN SLIM investors.
Reed Floren
7 of 7 people found the following review helpful:
A Useful First Step, 2004-01-27
This book is a *primer*, and as such will likely be neither the best nor the worst book you'll ever read on the subject of investing (fwiw, I actually found the content average, and the writing style a bit like summertime in the Sahara). For me though, the book earned its fourth "star" for a single--yet *really* important--reason: its connection to the IBD newspaper. For about $25, _Guide to the Markets_ explains much of its information using the same graphs and other formats as you'll find in the company's daily. *That* is a great deal considering that IBD is one of the best, if more expensive, investment tools available. For its ability to cheaply provide access to that very powerful tool, while also providing other occasional insights, _Guide to the Markets_ is a very good value. (It's nicely indexed enough to serve as a solid reference as well).