rcl@tellab1.UUCP (Opus) (07/13/84)
I am looking for good books on investing. In particular, I am interested in introductory texts that describe the operation of the stock market, and how to invest in it. The ideal book should discuss the following; Stock prices, and what affects them Options, and how they work The DJIA and it's meaning along with other related topics. In addition, the ideal book should have chapters (or sections) on other forms of investment. Suggestions? Please reply by elec. mail, and I will summarize to the net if there is enough interest. Thanx... -- Ron Lewen ....ihnp4!tellab1!rcl <----------------------------------------------------------------> Th...th...th...th...that's all, folks!
newton2@ucbtopaz.UUCP (07/24/84)
The most sensible, readable and amiably discursive book on investing I've seen lately is by the novelist and former banker Paul Ehrdman (sp?)- I think it's got a diet-manual type name ("Paul Ehrdman's Money Book" or some such). It doesn't spend much time on the stock market (and neither should you) but it's quite good (and moves along briskly) on what seems to me to be the main question: what the hell is going on out there? What determines price movements for assets of all kinds, especially dollars, and how can you act prudently and *in time* to preserve your investment? Note I said nothing about tripling your investment. Although it is certainly not true (as some wet blankets would have it) that no book written for the public actually describes openly an optimal money-making strategy, it *is* unhappily the case that no one knows how to identify that book from among the larger class of erroneous touts.