Ebook Download Money Market, by Marcia L. Stigum
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Money Market, by Marcia L. Stigum
Ebook Download Money Market, by Marcia L. Stigum
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Praise for "The Money Market": "...splendid..." - "The Wall Street Journal." "The best current book on the working of the credit markets..." - "The New York Times." "...this book will be welcomed by all on Wall Street." - "Library Journal." This is the most comprehensive, authoritative, and respected source on the money market.
- Sales Rank: #3335870 in Books
- Published on: 1987-02
- Original language: English
- Number of items: 1
- Binding: Hardcover
- 728 pages
Most helpful customer reviews
7 of 8 people found the following review helpful.
If you work with money you must buy this book
By Eric J. Kristoff
Believe every positive review. This book is absolutely amazing. It captures in one place information that is usually trapped in people's heads or is very manual and ad-hoc. This is a lay-of-the-land book, but with alot of detail. Definitely get it - use it like a desk reference.
19 of 21 people found the following review helpful.
The World Needs More Books Like This
By GREGORY S TOMKINS
If you want to know the ins and outs of the short term credit market in the US, buy this book. Nothing else I have seen on this or similiar topics even comes close. The securities industry could really use books of like depth covering the workings of the stock and futures markets.
Primarily organized by product, this book is very long because it systematically covers off virtually every dimension of the money market (the fed, eurodollars, repo, MTN's, BA's, etc.), delving into the history of each instrument, why it is used, who trades it, how it is priced, and so on.
Despite being relentlessly detailed and obviously exhaustively researched, this book is easy to read. I am not a money market/investments freak or anything but I to this day will pick it up and read (or reread) a chapter on the way home just out of interest.
On the other hand, you probably do have to have some innate interest in financial instruments to appreciate this book. Certainly, if you are new to the field, or looking for tips on how to make trading profits in this market, this book is probably not for you. But if you are interested in the trading and settlement operations of the money market, it sure is.
Someday I think it would be fun to write a book of my own and I could honestly aspire to no higher goal than the quality of this book.
2 of 3 people found the following review helpful.
The most readable technical book on finance I ever read.
By anon2001
This is a outstanding book in two ways: quantity and
quality. At well over 1000 pages, the amount and detail
of information might seem overwhelming. But Dr. Stegum
is one of those very rare authors who is able to write
clearly and engagingly about a technical subject. In
fact you can start reading this book at any chapter and
you will be captivated. The writing is very down-to-
earth. There are plenty of examples to clarify the
technical discussion as well as anecdotes and
explanations of street jargon and culture. This book
was written back in 1989. Finance is a rapidly
evolving industry and inevitably, some bits of the of
the book are dated. I highly recommend this book
because it is still informative and very enjoyable.
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