Investors' ABC
BEGINNERS. PLEASE. (Eyre and Spottiswoode for the Investors' Chronicle, 30s.) •
QUESTIONS from keen shareholding readers, and answers from the staff of the investors' Chronicle, which have been appearing in that paper for nearly two years, have now been reprinted, together with some • new material, in Beginners, Please. Some of these readers are evidently, very sophisticated shareholders indeed, and they send, down some pretty fast ones about legal points, taxation troubles and the mechanics of the Stock Exchange process which might clean bowl some experienced stockbrokers. But for the genuine beginner there is a short introduction to the whole business of investment, and at least 200 out of the 300 questions discuss matters which any shareholder must eventually understand. The beginner will also be glad of a comprehensive glossary of stock exchange and financial terms, and details of what brokers charge for their services. The great virtue.of the book, of course, is that it deals with the real problems which have perplexed or intrigued shareholders of all kinds in their attempts to save and to use their savings wisely. Thus there are a dozen answers on tricky questions provoked by rights issues, a dozen more on the ABC of balance sheets, and a whole chapter of answers on matters of investment principle. Even 'though, at 30s., the book appears to be, as theinvestors' Chronicle might say, fully priced, it makes a useful addition to the portfolio of the far-sighted investor, and a purchase is endorsed. JOHN WOOD
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