Product DescriptionIn recent years, the stock market has undergone revolutionary change at virtually every level: new players, new technologies, new information flows, and new macroeconomic conditions. These changes are radically impacting investors, whether they know it or not. Now, you can profit from the changes––instead of being victimized by them. Wall Street insider Michael J. Panzner will show you how. Panzner reveals how falling transaction costs and a barrage of data are transforming traditional investment patterns, and how stocks are increasingly being bought and sold like commodities. Discover the impact that electronic trading, instant messaging, and hedge funds are having on intraday volatility and short-term direction. Learn how an era of “boom and bust” have altered investor behavior and risk preferences, why today’s market is increasingly emotional, and why many traditional indicators simply don’t work anymore. From the growing role of derivatives to the increasing unpredictability of seasonal and cyclical patterns, this book takes you “under the hood” of today’s equity markets. . . so you can develop a winning investment strategy for today’s new realities.
Maybe I missed something but there is little in “Stock Market Jungle” that would be new to anyone with minimal institutional experience. Mr. Panzer, however, does a great job of having many of his ex-clients and colleagues give glowing reviews about the book. . . although I’d be willing to bet that most of them did not read the book.
Rating: 2 / 5
While the basic premise of the book is that “investing world has changes and therefore so should you”, is certainly true, it doesnt really bring anything original or substantially novel. The author discusses in great detail, well supported by data and analysis, the impact on different aspects or the new “rules of the jungle”. Topics such as as increased appetite for speculation are well know now, but the facts behind those conclusions are explained in a detailed manner. Overall, it is an interesting treatment of the topics, though brevity is not one of the author’s strong points. Dont expect to find any significant information that will alter your portfolio, but it may give you some info on how things work in stock markets and some of the trends associated with trading. Could have been a 4 or 5 star book, but the arguments and explanations are a bit too long-winded. . . .
Rating: 3 / 5
My reason for purchasing this book was because a number of experienced and well-known markets participants gave great reviews for Stock Market Jungle. Don’t make the same mistake I made. I doubt that most of the reviewers listed in the book actually read it. The book itself adds little to anyone who is the least bit knowledgable about the financial industry. Your time would be better spent reading any one of a thousand other business/financial books.
Rating: 1 / 5
I bought “Stock Market Jungle” after reading some of the favorable reviews. The book is helpful for those who need an introduction to changes in the industry. This book does not shed any new light on current issues facing the industry. One has to question the credibilitly of any market professional that tells you that this book is excellent or insightful; either they are being deceitful (not to surprising when you consider the source!!!) or they shouldn’t be in the financial industry because they obviously haven’t been paying attention. I suppose the glowing reviews were more disappointing to me than the book.
Rating: 2 / 5
The most appealing aspect of this book is the thesis itself — the investment world is changing. This is the first book I’ve read that effectively addresses many of the cause-and-effect relationships taken place in today’s stock global market. I thoroughly enjoyed the derivatives, trading like commodities and the global factors chapters.
Overall, I found this book to be a very good read.
Rating: 5 / 5