First published 2002
Individual investors face a flood of financial advice and impenetrable terminology that obscures rather than clarifies investment decisions. Gretchen Morgenson and Campbell R. Harvey cut through this confusion by defining over 3,500 investing terms in clear, accessible language. The authors use practical examples to demystify complex financial concepts, from abandonment options to zero-coupon bonds. They explain major market indexes like the NYSE, Nasdaq, and S&P 500, decode discount investment programs such as employee stock purchase plans and DRIPs, and teach readers to interpret company earnings through P/E ratios and analyst target prices. The book helps investors identify risks and rewards across different investment types while navigating corporate and fund financial statements. This comprehensive reference transforms Wall Street's specialized vocabulary into understandable guidance for anyone managing their own portfolio.
Genres: business, non-fiction, finance, accounting
Vibes: accessible, informative, thought-provoking
Tropes: educational, reference
Setting: New York
400 pages · Paperback · Times Books