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  • Wall Street Terms - Financial Education Is Your Best Investment (Financial IQ Series)

  • Practical Glossary of Wall Street Lingo, Stock Market Slang, Investment Fundamentals, Trading & Broker Terms
  • By: Thomas Herold
  • Narrated by: William Bahl
  • Series: Financial IQ Series, Book 14
  • Length: 10 hrs and 25 mins
  • Unabridged Audiobook
  • Categories: Business & Careers
  • 4.0 out of 5 stars (9 ratings)

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Summary

Most important Wall Street Terms you should know

If you have ever gotten lost in the jargon of Wall Street, you aren’t alone. Professional money managers and traders often sound like they're speaking a foreign language, which can leave small investors at a disadvantage.

Unfortunately, jargon is likely to be here to stay, just as it is in sectors outside the financial world. Whether you’re just flirting with investing or head-over-heels for the stock market, you’ll eventually hear some phrases that give you pause.

Does Wall Street jargon confuse you?

The language used by Wall Street professionals can make reading financial news difficult to understand for those outside the business, and can certainly be intimidating for an irregular observer, that is unfamiliar with the ways of Wall Street.

Understanding what they're actually saying will help you make smarter investing decisions.

With that in mind, here's a primer on the A to Z of the Wall Street universe. This practical glossary of Wall Street terms covers everything from investment fundamentals to the sophisticated terminology of contemporary finance.

This practical wall street guide will help you understand:

  • New York Stock Exchange History
  • New York Federal Reserve Bank
  • Glass-Steagall Act and Dodd-Frank Wall Street Reform Act
  • Securities and Exchange Commission
  • TARP Program and Economic Stimulus Package
  • Mortgage-Backed Securities and Credit Default Swaps
  • Stocks, Bonds, Options, and Derivatives

Over 140 of the most important and common Wall Street terms are explained in detail, with clear and concise article style descriptions and practical examples.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 Thomas Herold (P)2020 Thomas Herold

What listeners say about Wall Street Terms - Financial Education Is Your Best Investment (Financial IQ Series)

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The title explains itself!

Very good book. They take the time to explain things that most books assume you know even when it's a beginners book. The narrator was very easy to listen to.

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Excellent book for a new investor

These 'methods' you will find within. This book should be required reading for all senior investment professionals. As a 30-year advisor I could not recommend this audiobook more.

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Excellent Financial Resource

The Financial IQ Series, Book 14 discussions are very well set forth with examples and explanations by the author.

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Do Not Underestimate TOM

Tom provides a very helpful framework for investment manager selection in this insightful and easy to read book. I would recommend it for indiviidual investors, asset allocators, and asset managers who are looking to better understand the due diligence process.

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Provides great understading.

It's written in very easy to learn language and the books are short and to the point, most of the time you'll be able to read it and put it into a practical situation all in the same day! A+

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Financial planning

This was one of those courses that I kept listening and the information kept flowing. The instructors did a great job building idea on idea with a powerful set of tools to succeed in the market. Well done.

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Bravo!Thanks for an excellent learning tool.

Mr. Thomas has put into perspective the importance of the Federal Reserve and this is a must read book for all interested in the financial markets. Mr. Thomas is one of the world's leading economists and his insights are to be listened to and acted upon.

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Remarkably intelligent market guide

This will cause you to minimize your losses and maximizes your gains. It would be good for someone just starting out trading stocks because it covers all the basics. I totally liked this book and would like to recommend it to other interested people as well without any hesitation.

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Pitch Perfect

Herold has beautifully written a cutting-edge book on how to think about credit derivatives in the context of the global markets. One doesn't need a Ph.D. in math to understand the concepts presented here, because they are competently explained. Herold evidences a deep understanding of the topic in her ability to make complicated mathematical concepts clear, and explaining how to apply credit derivatives in practice.
Herold's remarkable explanation of the development of international banking was particularly appropriate in the explanation of sovereign risk and why it occurs. I believe most professionals will agree there is more to credit risk than equations especially in light of recent developments in the international markets.
Herold's ability to integrate multiple business and finance disciplines is one of the reasons I find this book the best product book on the market for credit derivatives.

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  • Nicholas
  • 26-02-20

Make some money.

Thomas Herold is a successful entrepreneur, best-selling author, mediator, and personal development coach with a marvelous wit. He's one of the best investors of all time, who pulls back the veils and mysteries of Wall Street to teach the reader that he too can succeed handsomely by just keeping it simple. I enjoyed this audio book very much, but I think One Up on Wall Street is more of a must listen. I would recommend starting with that one.

22 people found this helpful

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  • Darrell
  • 26-02-20

Highly Engrossing and Accessible Economic

If you have ever gotten lost in the jargon of Wall Street, I highly recommend this book. I've read or listened other books of the Mortgage-Backed Securities and Credit Default Swaps that left me scratching my head, but Mr. Thomas has a fluid and accessible writing style that allows the reader/listener to understand what happened, why it happened and how it is likely to happen again. This audio book is enraging since it clearly demonstrates how a Federal Reserve Bank of New York exactly works, while producing nothing of value to the public at large. he language used by Wall Street professionals can make reading financial news difficult to understand for those outside the business, and can certainly be intimidating for an irregular observer, that is unfamiliar with the ways of Wall Street. This practical glossary of Wall Street terms covers everything from investment fundamentals to the sophisticated terminology of contemporary finance.

22 people found this helpful

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  • jenny
  • 26-02-20

Crucial for success

If you are looking for definitions of the strange language used on Wall Street. Thomas Herold filled the bill for that nicely.
I used this book in a class on investing that I gave a couple of weeks ago to High School students that knew nothing about the market and they even said now they understand things a bit better when these terms are put into simple english.
I would recommend it to anyone who wishes to learn some of the terms they come across in researching the Market. Very good for beginners and semi experienced.
Good job. It was just what I was looking for.
Thanks

20 people found this helpful

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  • lucy
  • 27-02-20

Another excellent book by T.Herold

This book is about the inside of Wall St. from the perspective and personal experience of Thomas Herold, a redoubtable critic of the culture of Wall St. I thoroughly enjoyed his book and would highly recommend it to others.

19 people found this helpful

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  • Connie Class
  • 26-02-20

Taking the confusion out of the market


If you have wandered through the maze of the financial and business worlds, amazed at the confusing flow of jargon that everyone else seems to understand, then this is a must have audiobook for you.
It was written for investors who need to constantly increase their knowledge to stay on top of their game. However this book is also a valuable resource for anyone who needs or wants to increase their knowledge of the investment and business world.
The author has taken a unique approach with the way he's organized his material. The material is arranged by subject matter and divided into sections and chapters. It is in alphabetical order within the sections. The Over 140 of the most important and common Wall Street terms of the book is very extensive and helped develop my understanding of the industry.
The definitions are easy to read and understand. I learned that a circuit breaker has nothing to do with the electrical system in my house, runoff has nothing to do with a spring thaw and noise has nothing to do with the constant clamber from my kids!

19 people found this helpful

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  • Clinton Bourgoin
  • 27-02-20

Great Investment in Your Financial Future.

No one interested in Wall Street should be without this excellent dictionary/reference book. It is especially good for those who are new to investing. Since many companies are no longer offering retirement plans, and with the ease of investing online, there are many do-it-yourself investors who really do not know much about the market. Furthermore, the financial pros use terms that are incomprehensible to the public. This can sometimes create a barrier that turns off the potential investor. This book seeks to dissolve that barrier, explaining in easy to understand language, the definitions of Wall Street jargon.

17 people found this helpful

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  • Frances
  • 27-02-20

What Works on Wall Street

Looking to educated myself on the stock market this was a great introduction. As well as a confidence builder to get out there and learn more about the stock market. Thomas Herold gives you multiple ways to get into the market, some he prefers more than others, but regardless we gives you an outline of his strategy for all strategies. Great LISTEN.

16 people found this helpful

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  • Arnold Macmillan
  • 27-02-20

Excellent -- for what it is!

Like all of Mr. Herold's writings, this little nugget pulls no punches and cuts straight to the chase. However, this volume is not so much different from Mr. Herold's other writings in that it sticks to the big picture, is brief, and contains a significant human element. These traits are important because it makes Mr. Herold's writings and poignant analysis of the wall street terms and its aftermath accessible to a broader spectrum of business readers. You probably need a cursory understanding of derivatives and the wall street terms to make this book a quick listen, but you definitely don't need any specialized knowledge of arcane derivatives concepts or finance.
In short, this book is a beauty of Mr. Herold's writings and insight distilled to its key points and compacted into less than 11 hours.

15 people found this helpful

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  • Christopher Presley
  • 28-02-20

Anecdotal and fresh concepts

Fantastic listen! I have read a few books on wall street terms and such and this is easily one of the best. I loved how the author maintained focus on the subject covers everything from investment fundamentals to the sophisticated terminology of contemporary finance and anecdotes that were relevant to the story and enjoyable to listen. If you are reading this review it means you might have some interest in the subject, and if you have even slight interest then all I can say is HIGHLY RECOMMENDED!!!!!!!

14 people found this helpful

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  • Debra Figueroa
  • 28-02-20

Put on Your Thinking Cap

If you are an observer of Wall Street, you need to listen this book of a personal journey from an individual who really started as a technician and ended up as a statesman and consultant. The best part is that he kept his roots of family and what makes a well founded personal life.
This is readable, yet challenges one to grasp mathematical concepts and analysis that can serve as great brain teasers.
Anyone can get better at whatever they are trying to do by this read.

13 people found this helpful