Extensively revised and updated, this fourth edition brings the reader up to speed with the latest developments in financial markets, providing a brilliantly clear guide to a complex world that even those who work in it often find hard to understand. With chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, the book explains why these markets exist, how they work, and who trades in them, and provides a run-down of the factors that affect prices and rates.
Customer Reviews:
Avg. Customer Rating: 4.0 / 5.0
Insightful book for beginners of Advance Financial Management:
Book covers theoretical aspect of many capital market terms and terminologies in great theoretical depth. Is one of the good books to start studies in advance capital & financial management.
Good primer:
This is a great place to start for someone without an economics or finance background. The author does a good job of giving the big picture of the financial markets. I found the chapters on equities, options, and derivatives to be especially interesting. The last chapter could have been broken into 2 chapters IMO, since there is so much material there. The book is not biased to the US or any particular market. The only negatives are the lack of any mathematics, and the sometimes excessive use of facts and... more info
Basic, but detailed:
An introduction to the financial markets. The book covers most financial instruments and goes into some detail about each type. It isn't US nor European centric. Well worth the price as most of The Economist series are.
great book!:
This is a good book for starters like me. It gives you insight about the market, how it behaves and it also discusses the important history in the financial market.
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