Investment-management

This book is not a good tome for risk managers, for marketers, or for quantitative professionals. It's as if Nelken read some articles and cobbled up this book. Waste of time and money.

This book will give risk managers something to think about when they start to implement credit derivatives as part of the strategy.

You can understand the concept of credit derivatives

Clueless about mutual funds is a readable book for beginning interest in money management. This book starts with easy explainations on money talk. I have enjoyed reading it, and thats why I ordered it. My only critism is that it gets tougher to understand as you continue to read it.

This is an excellent book for beginner's. It's very easy to understand and there is no dry reading. It helps you understand how mutual funds work and helps you decide what type of funds are best fitted for your individual goals. If you already have an extended knowledge of mutual funds this book may be a little boring.

If you are a little confused on where to put your money, If Not Stocks What? may be the antitdote to your perplexed mind.

The stock market has gone through many changes over the past few years. Many investors are a little fearful of losing a chunkof their money in a here today gone tommorow tech stock or a deceptive company like Enron.

Gene Walden outlines in simple language the strenghts and weaknesses of many alternate investment vehicles such as convertible bonds, collectibles, tresury bills, and real estate partnerships and trusts. Walden discusses in each chapter the proper timing strategies. In addition, he guides each vehicle to a particular audience. Example: you would not buy into a long term treasury bill during a rising bull market unless you possibly are looking to preserve your income for retirement.

Some good reference information is provided. An extensive list of Real Estate Investment Trusts is provided in the first chapter with the appropriate symbols. Also, a few web sites are provided to educate one's self on bonds and treasuries.

This book is a good general reference as it certainly won't overwhelm its audience. A more savvy investor might want to purchase some with a little more detail instead of or in addition to this book.

A helpful book, but helpful only to understand macroeconomic analysis, by interpreting indicator results, etc.
HOWEVER, the author doesn't sound like he's got enough experience in equity and fixed income market trading. Unfortunately, he tries too hard to portray himself as a veteran trader in the book.
I'd recommend for him to stay with economics.

I have always been skeptical of trading or investment books with very "marketing" titles. Quite to my surprise, this book really delivers what it's title promised, that it can really be taken as a "guide" to profiting from news and other market-moving events.

In fact, this is a fundamental/macro-economics analysis book with an attractive and practical title. Distinguishing itself from others, it is full of lively and vivid examples that readers can easily put the propositions into practice, with little modification, though the result is not guaranteed in this increasing competitive market. Nevertheless, the if X, buy 1 and if Y, sell 2 approach can really speed up the learning curve of nearly all beginners.

One drawback: Although the author did mention the many "traps" in the market, the tone of these warnings was too light compared to the rosy picture painted by the author himself on the effectiveness of his approach. As I mentioned before, there are more and more traps nowsadays with the increasing employment of derivatives by professional traders. I think that the author should elaborate more on this respect.

Anyway, worth price and the time.

This is the best book I've ever read on the topic of interpretations on macro economic factors that drive the market. Many books and textbooks are cut and dry, and in the end they are theories. An example would be: an economic report may come out, but the market is responding in the exact opposite way based on standard economic theory, however the understanding of why the market is reacting in that way requires the correct interpretation based on economic(business) cycles and such. The theories may be correct, however it also depends on other factors as well. The author emphasizes the markets as a chess board rather than a simple checkboard. I for one agree.