The book discusses in great detail all the important stock market ratios and indicators and many of the lesser ones. It expounds on many styles and strategies to buying and selling stocks, including active trading strategies, value investing, technical analysis and fundamental analysis. The problem I have with exposing the beginner to strategies such as active trading is that research has shown that it is futile and will result in a loss for nearly all traders after trading expenses (You are up against thousands of MBA graduates who will stay up later then you and get up earlier then you ). I believe the downside of each strategy should be explained and who has been successful using it, so that the beginner has an idea of what he is up against. That being said, there is tremendous value in the book because of its detailed explanation of how to analyze company reports, what the valuation indicators mean (ie, p/e) and how to use them.

这本书非常详细地讨论了所有重要的股票市场比率和指标以及许多较小的指标。阐述了股票买卖的多种风格和策略，包括主动交易策略、价值投资、技术分析和基本面分析。让初学者接触主动交易等策略，我遇到的问题是，研究表明，这是徒劳的，几乎所有交易者在交易费用之后都会蒙受损失（你面对的是成千上万的MBA毕业生，他们会比你睡得晚，起得早）。我认为应该解释每种策略的缺点，以及谁成功地使用了它，这样初学者就可以知道他面对的是什么。也就是说，这本书有巨大的价值，因为它详细解释了如何分析公司报告，估值指标的含义（即，p/e）以及如何使用它们。