THE INVESTOR'S GUIDE TO STOCK QUOTATIONS by Gerald Warfield

THE INVESTOR'S GUIDE TO STOCK QUOTATIONS

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KIRKUS REVIEW

An exhaustive review of common financial listings for rank beginners (e.g., ""stock is a unit of ownership in a corporation"") and experienced investors. Warfield concentrates on conventional commitments--stocks, bonds, US government obligations, investment companies (including money-market mutual funds), exchange-listed stock options, commodity contracts--and on traditional sources of information: the business sections of newspapers, plus financial publications like The Wail Street Journal and Barron's. But, keeping up-to-date, he devotes a chapter to the stock quotes carried by cable TV, and also includes instructions on retrieving and reading data from the terminals now installed in railroad stations and other public locations. Warfield does a good job of presenting as well as explaining the fine points of securities listings--cautioning, for example, that the decimalized price quotes given for Treasury bonds and notes indicate thirty-seconds, though coupon returns and effective yields are provided in hundredths. In addition, he alerts the reader to information not available from quotation tables: in the case of a bond, missing links might include the existence of a sinking fund and call provisions. Well done--and, surprisingly, not clone in quite this form before.

Pub Date: Feb. 2nd, 1982
Publisher: Harper & Row