Nightly Business Report: How Wall Street Works

Part of a three-volume set on investment, How Wall Street Works delivers what it promises--a clear explanation of the basics of the financial marketplace, providing answers to a variety of questions from the basic ("how do you read a stock listing?" or "what's the difference between trading 'at the market' and placing a 'limit order'?") to the more complicated (namely, what are those lunatics on the floor of the New York Stock Exchange doing, anyway?). Hosted by stock market commentator Paul Kangas, this video is an updated version of the original Nightly Business Report program, taking into account the impact of the Internet and on-line trading. The most valuable part of the video is the listing of the eight basic mistakes that investors make, including not having a plan or philosophy, investing money they can't afford to lose, buying on the basis of tips or rumors, and falling in love with a stock. Offering great advice for new investors, this is recommended. [Note: this is also available in a 3-vol. set entitled NBR Video Library of Personal Finance, along with the NBR Guide to Stock Market Strategies and How to Invest in Mutual Funds, for $59.95; or as part of an even larger 14-volume NBR comprehensive financial video collection, for $299.95). Aud: H, C, P. (S. Fisher)