Average Reviews:
(More customer reviews)I found the title of this book deceiving in the best way possible. Wall Street Lingo is more a guided tour of Wall Street and its inner workings than a simple glossary of investment terms and lingo. Any novice to intermediate investor will benefit from Peterson's backstage pass to one of the world's most lucrative investment forums.
Peterson keeps an otherwise dry and heavy read manageable with her extremely user-friendly format; on top of dividing the over 1000 defined investment terms into logical chapters, a full index at the back of the book makes for quick referencing. At first glance, the sheer number of topics covered seems intimidating to the financially untrained eye. However, the step-by-step approach demystifies every aspect of investment, from the basics of exchange operations to interpreting financial statements to paying the tax man. Charts, tables and explanations of key strategies interspersed throughout the definitions in each chapter help to drive home important points. Those in need of extra investment help will find plenty of additional resources tucked into the back of the book, with lists of acronym definitions, investor resources and relevant publications.
Wall Street Lingo delivered all that it promised and more. The up to date instruction and information is sure to benefit any potential or practicing investor wise enough to develop their investment knowledge before hitting the market. The way the information is presented is the icing on the cake, as even a beginner can navigate the guide and come out confident in their financial prowess in the end.
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Finally, a finance dictionary compiled with the individual investor in mind. Wall Street Lingo does more than define the terms your stockbroker, the Wall Street Journal and CNBC pitch at you, it explains them in a way that traditional dictionaries can not. Where other dictionaries start at A and end at Z, Wall Street Lingo is organized in chapters, by subject. It begins where you begin with a topic that has piqued your curiosity and ends only when your curiosity has been satisfied. Have you ever wondered about the difference between CPI and PPI? In other dictionaries, you ll find the definitions 200 pages apart. Wall Street Lingo brings them together in the chapter Economics for Investors. EBITDA. Gross Profit. Net Profit. Shareholders Equity. You could waste precious time searching for explanations to help you analyze a company s financial condition. Or you can open Wall Street Lingo to the chapter Decoding Financial Statements. If you think technical analysis is only for the pros, flip to the chapter Technically Speaking for dozens of plain English translation to stock chart terms like Bollinger bands, MACD, Elliott wave theory and Bearish Divergence. It might change your mind. Whether you re an experienced investor or are exploring the market for the first time, you ll appreciate the easy-reading style and unique structure of this innovative investment tool. - Over 1,000 terms individual investors need to know and understand for profitable investing - Definitions organized by topic - Fully indexed and cross-referenced - Exhaustive list of commonly used acronyms - Helpful resources, complete with websites Wall Street Lingo is an essential reference that translates the jargon used on Wall Street into direct, easy to understand, Main Street language and organizes it the way you use it.
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