by Elizabeth M. Fowler ‧ RELEASE DATE: June 30, 1986
A chatty but savvy and impressively inclusive investment primer from a veteran financial writer who knows her way around the marketplace. Fowler, a columnist for The New York Times, delivers sound advice that could help individuals of any gender make their way in the markets she reviews. In addition to explaining the risk/reward aspects of particular commitments--primarily common stocks and bonds--in the context of specific goals (appreciation, income, et al.), the author examines a wealth of means that can be employed (or ignored) in pursuit of varying ends. The text provides knowledgeable commentary on topics ranging from Dow theory and market averages to how securities analysts go about their business. Covered as well are key elements of the business cycle--Fed policy, inflation, consumer confidence, corporate profits, trade balances, and the like--that can affect the price performance of debt instruments as well as equities. There's also instructive material on reading market quotations, using economic indicators, evaluating statistical data and disclosure documents like annual reports, and spotting trends. In playing to the distaff side, Fowler sometimes does come close to gush. ""Almost every woman enjoys an auction,"" she burbles at the start of a first-rate chapter on how securities exchanges work. Elsewhere, she suggests a ""woman's intuition"" can pay off in sizing up the (predominantly male) officers of publicly held corporations. On somewhat firmer ground, she makes a persuasive contrarian case against mutual funds and provides a sure rundown on investment clubs. An excellent value for almost anyone seeking a basics-plus introduction to Wall Street.
Pub Date: June 30, 1986
ISBN: N/A
Page Count: -
Publisher: AMACOM
Review Posted Online: N/A
Kirkus Reviews Issue: May 15, 1986
Categories: NONFICTION
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