Perspective

Roger Lowenstein is very well qualified to write a book of this nature. As a reporter for the Wall Street Journal for more than ten years, Lowenstein wrote the column on stock markets called "Heard on the Street" and then "Intrinsic Value". After leaving the Wall Street Journal, he wrote a regular column for Smart Money. He has also written for The New York Times and The New Republic in addition to other publications.

Lowenstein's knowledge of markets is obvious in the book. He is able to explain the different instruments, how markets function, and how the various deals are made and how they function. He has to have a good knowledge of the markets and trader's mentality to do this. The reader benefits from his knowledge of the markets and his ability to explain the details in everyday English to make it understandable for the reader.

Tone