The New Laws of the Stock Market Jungle: An Insider's Guide to Successful Investing in a Changing World

by Michael J. Panzner

In recent years, the stock market has undergone revolutionary change at virtually every level. Wall Street insider Michael J. Panzner reveals how falling transaction costs and a barrage of data are... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 032124785X
• ISBN13: 9780321247858
• Release Date: January 2004
• Publisher: FT Press
• Length: 293 Pages
• Weight: 1.25 lbs.
• Dimensions: 1.1" x 6.4" x 9.2"

Customer Reviews

A very good read

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.

A great book

I enjoyed this book and got a lot out of it. The author's insights on how short-selling and derivatives affect stock prices were particularly interesting, as was the chapter on global influences. It seems like those who gave negative reviews either didn't read it or were trying to prove something.

Insightful, thorough and well written.

I really found that Mr. Panzner did a fantastic job researching and writing this book. Not only did he touch upon some of the larger evolutions currently taken place (ie. increasingly global market place), but he also shed light on some of the gray areas such as volatility and emotion. Furthermore, as one who loves the English language, I appreciated his flowery and sometimes wordy style of writing. It is very different from the concise 'business writing style' I see day in and day out.

Essential Reading for Serious Investors

This book gives serious investors the sorts of gritty, first-hand insights we have been looking for (but can't seem to find in too many other places). I am impressed with the way the author has taken a series of seemingly unrelated developments (e.g., falling commission costs, the growth of the Internet, electronic trading, the rise of hedge fund investing) and analyzed how they fit together in a broad sense, as well as the impact they are having on the day-to-day action. Best of all, the author offers terrific advice throughout the book that clearly reflects the wisdom of someone who has learned (the hard way?) what it takes to make money in the stock market. In my opinion, New Laws of the Stock Market Jungle is well worth the investment.

The New Laws of the Stock Market Jungle

I thought this book was very well written and extremely insightful. I have been working in the financial markets for nearly twenty years and agree with the book's premise that the rules of the road have drastically changed over this time period. Mr. Panzner does a very credible of job explaining what is different about current financial markets and why some of the old indicators and maxims are no longer useful. More importantly, he provides some very useful advice on how to increase the chances for long term success in an increasingly short-term oriented world. I rated this book a 5 out of 5 and believe it to be a must read for anyone who serious about investing.