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An in-depth introduction to stock and bond investments. Assumes the reader has no prior background. Covers in narrative form with examples: fundamentals of financial statements, financial ratios, primary and secondary offerings, price/earnings ratios, commonly misunderstood terms such as "capitalize", "equity", "cash flow", "diluted earnings" and more. Book is not just a glossary, but explains things in depth --This text refers to the Paperback edition.

About the Author

William H. Pike

William H Pike Biography

William H. Pike, CFA, was a portfolio manager at Fidelity Investments in the high yield sector. He managed the Fidelity High Income Fund as well as a number of pension and other private funds. Prior to that he was a securities analyst in the equity area with responsibility for a variety of industries.
Bill taught the introductory investments course for the Boston Security Analysts Society for over 20 years. The early editions of "Why Stocks Go Up and Down" are the outgrowth of that course. The book has also been used by other analyst's societies around the country. Bill is co-author of the fourth and current edition of the book.
Bill has an undergraduate degree from the Massachusetts Institute of Technology, and an M.B.A. from Columbia.
Now retired, Bill is focusing on investment education, especially for new investors. He has spoken before various groups and provided commentary for a number of media sources.

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