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How the Stock Market Works cover art

How the Stock Market Works

Written by: Ramon P. DeGennaro, The Great Courses
Narrated by: Ramon P. DeGennaro
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Publisher's Summary

This course is an introduction to the stock market and stock investing for novices and experienced investors alike. Professor DeGennaro uses simple analogies to explain the origin of stocks and other securities, as well as their relative risks. He stresses the danger of trying to beat the market by trying to pick winners, predict price trends, or otherwise find opportunities that other investors have missed. Far better, he counsels, to own a well-diversified portfolio of individual stocks or stock funds, which tend to grow as the economy grows. He offers detailed guidance on how to pursue this course.

Among the topics covered in these 18 lectures are how to open a brokerage account and choose a financial advisor; the essentials of mutual funds, including index funds, and exchange traded funds (ETFs); how to trade individual stocks, including how to use options; the relative advantages of traditional IRAs, Roth IRAs, and 401(k) plans; how to minimize transaction costs and use tax laws for your benefit; the dangers of frequent trading; and the basics of corporate balance sheets, income statements, and cash flow statements.

For anyone who owns stocks or is thinking of entering the market, this course provides indispensable advice. If you entrust the management of your assets to a financial advisor, this course will give you the background you need to communicate more knowledgeably with him or her and be an informed participant in your own financial well-being.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.

©2014 The Great Courses (P)2014 The Teaching Company, LLC

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What listeners say about How the Stock Market Works

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Great book

Great book for anyone curious, or thinking of getting into the market. Provides a pretty good overview in simple terms how things work.

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Provides incredible depth

So I would provide this book to the person who’s already got some knowledge and experience in trading or investing and would like to take it to the next step.

Ramon is clearly *incredibly* knowledgeable on the subject, and he hasn’t let his ego run away with anything either. He’s a realist, he’s honest and he loves raw facts. He uses solid examples to help visualize the experience, but tends to get into detail that was a little too cluttered for my mind? But, I might just be a little early.

What Ramon does incredibly well here is he gives your current knowledge legs to run with. It’s as if he’s reading to you the “fine print” that we all ignore when the shiny car is on TV, except it’s the fine print of the stock market.

Listening to this felt like listening to a lecture and it makes you want to try and soak in as much as you can, which I enjoyed. I’d definitely listen to more of his work, I appreciate his values and outlooks.

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This book is beyond trash.

I have a great financial tip dont buy this book and save your money. You can learn on youtube in 20 minutes what this book teaches you in 8 hours. Garbage!!

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nothing to do with how the stock market works

painfully basic, the only thing actually about the stock market is a30 minute lesson on IPO

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