Why Stocks Go Up (and Down)
Why Stocks Go Up (and Down)provides a sound understanding of the fundamentals of investing in stocks and bonds. The book details the basics of financial statements, public offerings, price/earnings ratios, cash flow, and more. It presents the knowledge that is necessary to get the most from many other excellent investment books which attempt to convey wisdom without first conveying adequate background knowledge. Used by the Boston Security Analyst's Society, the Los Angeles Society of Financial Analysts, and others in their introductory courses, this book lives up to its subtitle, "The book you need to understand other investment books." --From the Publisher