Updated and revised, this text provides a Baedeker's guide to the workings of the securities industry. From the types of stocks offered to the major theories of market analysis, this work aims to be an easy-to-follow introduction to Wall Street. Coverage includes: how to read the financial press, closed-end and open-end funds, types of stocks and stock-like investments, stock options, and how to understand a corporate balance sheet, how dividends and capital gains are taxed.