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Extensively revised and updated following the fallout from the global financial crisis, the 6th edition of this highly regarded book brings the reader right up to speed with the latest financial market developments, and provides a clear and incisive guide to a complex world that even those who work in it often find hard to understand.
In chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, the book examines why these markets exist, how they work, and who trades in them, and gives a run-down of the factors that affect prices and rates.
Business history is littered with disasters that occurred because people involved their firms with financial instruments they didn't properly understand. If they had had this book they might have avoided their mistakes. For anyone wishing to understand financial markets, there is no better guide.
- Sales Rank: #46545 in Books
- Published on: 2014-01-28
- Original language: English
- Number of items: 1
- Dimensions: 8.50" h x 5.75" w x 1.00" l, .65 pounds
- Binding: Paperback
- 304 pages
Review
A useful reference source for all those involved in the industry. Financial journalists, investment advisers and fund managers could all find Levinson's guide extremely useful Fund Manager Covers the breadth of products and markets admirably. Will provide the relative newcomer to financial markets with a good overview of this extremely complex subject area Business Economist
About the Author
Marc Levinson is an economist and historian specializing in business and finance. He was formerly finance and economics editor of The Economist, worked as an economist at a New York bank, and served as senior fellow for international business at the Council on Foreign Relations. For more information, check out his website at marclevinson.net.
Most helpful customer reviews
5 of 5 people found the following review helpful.
It is a very simple and easy book for you to start understanding the financial market ...
By Jan Diniz
I knew nothing about financial markets before this book. It is a very simple and easy book for you to start understanding the financial market dynamics!
4 of 5 people found the following review helpful.
A very good explanation of financial the market concepts
By J. Davis
A very well-written,informative, and affordable (appropriately) introduction to financial markets. Covers stocks, bonds, options, derivatives. and other key financial concepts. He avoids writing in an overly technical style, but still gets the concepts across. Useful for both novies and those with some background in finance. There are 9 total chapters in the book, 275 pages total.
1 of 1 people found the following review helpful.
Quite technical. Not for beginners.
By David Chan
This book does assume you have prior knowledge of the financial market. Heavy going for the layman. It's definitely not meant for beginners.
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