It's a Sure Thing: A Wry Look at Investing, Investors, and the World of Wall Street - Hardcover
Across the nation, bookstore shelves are groaning under the weight of heavy investment tomes packed with dubious advice, incomprehensible jargon, and financial platitudes.
On telephone lines from coast to coast, investment brokers are crooning seductively to their clients: "It's a sure thing. It can't miss. Trust me."
Now comes a smart, savvy, irreverent book that takes deadly aim at these and other financial prophets. As refreshing as it is informative, this no-nonsense, commonsense guide shows you how Wall Street and the markets really work, and how to decipher the often confusing or misleading predictions of "experts." Written by a wise, witty, seasoned Wall Street observer and featuring a wealth of devastatingly clever and satiric cartoons by renowned New Yorker cartoonist Henry Martin, "It's a Sure Thing" puts you, the investor, squarely inside the Wall Street "loop." Not only will you be entertained and amused - you'll also be taught the sophisticated, wary, and profitable approaches to playing the markets that you need to be a successful investor today. Among the subjects explored: how to choose a trustworthy broker ... and when even trustworthy brokers cannot be trusted; why stock market averages can be misleading, and what you should really look for in analyzing market performance; how to tell if your money is really working; why you should beware of companies that overpromote; how to balance investment risks against investment opportunity and figure out how much risk is too much for you; why investment charts have a way of appearing most convincing just as they are about to change direction; how to quickly spot misleading Wall Street euphemisms and sweeping Wall Street generalities, and avoid being taken in by either; how to stop focusing on stock market minutiae and concentrate on the "big picture"; plus advice on the ins and outs of portfolio turnover and diversification ... the "fine print" in annual reports ... stock splits ... mergers and acquisitions ... the laws of supply and demand ... and much more.
Featuring the perfect blend of wit and wisdom as well as a 10-page stock selection guide, "It's a Sure Thing" sounds a welcome call for a much-needed return to plain common sense in equity investing.
On telephone lines from coast to coast, investment brokers are crooning seductively to their clients: "It's a sure thing. It can't miss. Trust me."
Now comes a smart, savvy, irreverent book that takes deadly aim at these and other financial prophets. As refreshing as it is informative, this no-nonsense, commonsense guide shows you how Wall Street and the markets really work, and how to decipher the often confusing or misleading predictions of "experts." Written by a wise, witty, seasoned Wall Street observer and featuring a wealth of devastatingly clever and satiric cartoons by renowned New Yorker cartoonist Henry Martin, "It's a Sure Thing" puts you, the investor, squarely inside the Wall Street "loop." Not only will you be entertained and amused - you'll also be taught the sophisticated, wary, and profitable approaches to playing the markets that you need to be a successful investor today. Among the subjects explored: how to choose a trustworthy broker ... and when even trustworthy brokers cannot be trusted; why stock market averages can be misleading, and what you should really look for in analyzing market performance; how to tell if your money is really working; why you should beware of companies that overpromote; how to balance investment risks against investment opportunity and figure out how much risk is too much for you; why investment charts have a way of appearing most convincing just as they are about to change direction; how to quickly spot misleading Wall Street euphemisms and sweeping Wall Street generalities, and avoid being taken in by either; how to stop focusing on stock market minutiae and concentrate on the "big picture"; plus advice on the ins and outs of portfolio turnover and diversification ... the "fine print" in annual reports ... stock splits ... mergers and acquisitions ... the laws of supply and demand ... and much more.
Featuring the perfect blend of wit and wisdom as well as a 10-page stock selection guide, "It's a Sure Thing" sounds a welcome call for a much-needed return to plain common sense in equity investing.
"synopsis" may belong to another edition of this title.
From Publishers Weekly:
Former New York Times financial columnist Metz ( CBS: Reflections in a Bloodshot Eye ) and venture capital-expert Stasen give good advice in this guide, illustrated by Martin's hilarious cartoons, that may make Wall Street pundits wince. Wary of "sure bets," leverages and forecasts based on charts and "technical analysis," Metz and Stasen ably demonstrate how, by using "disciplined thinking and well controlled emotions" to advance personal financial goals, an investor can correlate business and economic trends with opposing market projects. Data--annual reports, ratings, etc.--are useful in selecting elements of a balanced, diversified, minimum-risk portfolio, along with a final checkoff list designed by the authors to help spot a winner. 20,000 first printing.
Copyright 1993 Reed Business Information, Inc.
Copyright 1993 Reed Business Information, Inc.
"About this title" may belong to another edition of this title.
- PublisherMcGraw-Hill
- Publication date1993
- ISBN 10 0070417784
- ISBN 13 9780070417786
- BindingHardcover
- Number of pages243
- IllustratorMartin Henry
Buy New
Learn more about this copy
US$ 77.45
Shipping:
US$ 4.13
Within U.S.A.
Top Search Results from the AbeBooks Marketplace
Stock Image
IT'S A SURE THING: A WRY LOOK AT
Published by
McGraw-Hill
(1993)
ISBN 10: 0070417784
ISBN 13: 9780070417786
New
Hardcover
Quantity: 1
Seller:
Rating
Book Description Condition: New. Martin, Henry (illustrator). New. In shrink wrap. Looks like an interesting title! 0.55. Seller Inventory # Q-0070417784
Buy New
US$ 77.45
Convert currency