Understanding the Stock Market

For those who don't know the difference between an initial public offering (IPO) and a stock warrant, life is probably a lot simpler and they may stand less chance of incurring heart disease due to stress. On the other hand, those who have significant bucks parked in a no-frills checking or savings account are losing big money. Produced by stockbroker R.A. Abrams, this introductory guide to the terms and concepts governing the stock market is a straightforward talking heads presentation filmed in pleasant office surroundings. Topics covered include defining "stock," reasons for owning stock, the various kinds of stock available, analyzing and tracking stocks, and buying and selling stock. In keeping with the non-commercial approach of the program, no specific stocks are named, nor advice given. While more graphs and graphics would have helped, and possibly clarified some of the ideas presented, Understanding the Stock Market is still a good overview for those seriously investigating the world of investments. Recommended. (R. Pitman)