{"product_id":"how-the-stock-market-works-sixth-edition-michael-becket-9780749480554","title":"How the Stock Market Works: A Beginner's Guide to Investment | Michael Becket","description":"\u003cdiv style=\"font-family: inherit; color: #333; line-height: 1.6;\"\u003e\n  \u003csection style=\"margin-bottom: 25px;\"\u003e\n    \u003cp style=\"font-size: 1.1em; font-weight: 500; margin-bottom: 20px; line-height: 1.5; color: #2c3e50;\"\u003eSo just how does the investment industry really work? Now more than ever, people are being affected by fluctuations in the global economy and financial uncertainty—with major impacts on their savings, portfolios, and pensions. Fully updated for its sixth edition, \u003cem\u003eHow the Stock Market Works: A Beginner's Guide to Investment\u003c\/em\u003e tells investors what is being traded and how, who does what with whom, and how to evaluate a particular share or bond in light of rival claims from critics and admirers.\u003c\/p\u003e\n    \n    \u003ch2 style=\"color: #2c3e50; font-size: 1.5em; border-bottom: 1px solid #eaeaea; padding-bottom: 5px; margin-top: 20px;\"\u003eBook Overview \u0026amp; Core Themes\u003c\/h2\u003e\n    \u003cp style=\"margin-bottom: 15px;\"\u003eIt takes not just savvy but real information to maintain financial security and safeguard one's future. Consequently, understanding how markets work and what choices are available is essential for any modern saver. From the practical consequences of being a shareholder to a basic coverage of the taxation regime, this book provides a wealth of information on individual product types as well as the key players themselves.\u003c\/p\u003e\n    \u003cp style=\"margin-bottom: 15px;\"\u003eKey areas examined within this work include:\u003c\/p\u003e\n    \u003cul style=\"padding-left: 20px; margin-bottom: 15px;\"\u003e\n      \u003cli style=\"margin-bottom: 6px;\"\u003eDemystifying the mechanics of the London Stock Exchange (LSE) and global financial trading platforms.\u003c\/li\u003e\n      \u003cli style=\"margin-bottom: 6px;\"\u003eEvaluating shares, bonds, derivatives, and mutual funds to build a resilient investment portfolio.\u003c\/li\u003e\n      \u003cli style=\"margin-bottom: 6px;\"\u003eUnderstanding risk management over blind speculation for long-term wealth accumulation.\u003c\/li\u003e\n      \u003cli style=\"margin-bottom: 6px;\"\u003eNavigating macroeconomic cycles, interest rates, and corporate governance.\u003c\/li\u003e\n    \u003c\/ul\u003e\n  \u003c\/section\u003e\n\n  \u003csection style=\"margin-bottom: 25px;\"\u003e\n    \u003ch2 style=\"color: #2c3e50; font-size: 1.5em; border-bottom: 1px solid #eaeaea; padding-bottom: 5px;\"\u003eAbout the Author\u003c\/h2\u003e\n    \u003cp style=\"margin-bottom: 15px;\"\u003e\u003cstrong\u003eMichael Becket\u003c\/strong\u003e is a veteran financial journalist and former city editor for \u003cem\u003eThe Daily Telegraph\u003c\/em\u003e. With decades of front-row experience covering global markets, Becket possesses unmatched authority in translating convoluted economic policy and institutional jargon into plain-English guidance for everyday retail savers and individual investors.\u003c\/p\u003e\n  \u003c\/section\u003e\n\n  \u003csection style=\"margin-bottom: 25px;\"\u003e\n    \u003ch2 style=\"color: #2c3e50; font-size: 1.5em; border-bottom: 1px solid #eaeaea; padding-bottom: 5px;\"\u003eCore Audience \u0026amp; Intended Use\u003c\/h2\u003e\n    \u003cul style=\"padding-left: 20px; margin-bottom: 15px;\"\u003e\n      \u003cli style=\"margin-bottom: 8px;\"\u003e\n\u003cstrong\u003eNovice \u0026amp; Retail Investors:\u003c\/strong\u003e Essential reading for individuals seeking a clear, accessible primer to start investing safely in stocks, bonds, and mutual funds.\u003c\/li\u003e\n      \u003cli style=\"margin-bottom: 8px;\"\u003e\n\u003cstrong\u003ePersonal Finance Students:\u003c\/strong\u003e A reliable reference manual for understanding market structures, asset valuation, and portfolio risk management.\u003c\/li\u003e\n      \u003cli style=\"margin-bottom: 8px;\"\u003e\n\u003cstrong\u003eLong-Term Savers:\u003c\/strong\u003e Practical instruction for anyone looking to safeguard pensions and savings against economic uncertainty and inflation.\u003c\/li\u003e\n    \u003c\/ul\u003e\n  \u003c\/section\u003e\n\n  \u003csection style=\"margin-bottom: 25px;\"\u003e\n    \u003ch2 style=\"color: #2c3e50; font-size: 1.5em; border-bottom: 1px solid #eaeaea; padding-bottom: 5px;\"\u003eProduct Specifications\u003c\/h2\u003e\n    \u003ctable style=\"width: 100%; border-collapse: collapse; margin-top: 15px; font-size: 0.95em;\"\u003e\n      \u003ctbody\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left; width: 35%;\"\u003eFull Title\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003eHow the Stock Market Works: A Beginner's Guide to Investment (The Daily Telegraph, Sixth Edition)\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003eAuthor(s)\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003eMichael Becket\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003ePublisher \u0026amp; Imprint\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003eKogan Page\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003ePublication Date\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003eFebruary 3, 2018\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003eBinding Format\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003eTrade Paperback (PB)\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003ePrint Length\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003e232 Pages\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003eLanguage\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003eEnglish\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003eISBN-13 \/ ISBN-10\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003e9780749480554 \/ 0749480558\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003ePrimary Genre (BISAC)\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003eBUS051000 \/ BUSINESS \u0026amp; ECONOMICS \/ Personal Finance \/ Investing\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003eSub-Genres (BISAC)\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003eBUS027000 \/ FINANCE; BUS036000 \/ INVESTMENTS \u0026amp; SECURITIES \/ Stocks\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003eItem Condition\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003ePre-Owned \/ Very Good\u003c\/td\u003e\n        \u003c\/tr\u003e\n        \u003ctr\u003e\n          \u003cth style=\"border: 1px solid #ddd; padding: 10px; background-color: #f9f9f9; text-align: left;\"\u003eDimensions \u0026amp; Weight\u003c\/th\u003e\n          \u003ctd style=\"border: 1px solid #ddd; padding: 10px;\"\u003e5.50 x 0.60 x 8.50 inches | 10.6 oz (approx. 0.66 lbs)\u003c\/td\u003e\n        \u003c\/tr\u003e\n      \u003c\/tbody\u003e\n    \u003c\/table\u003e\n  \u003c\/section\u003e\n\n  \u003csection style=\"margin-bottom: 30px;\"\u003e\n    \u003ch2 style=\"color: #2c3e50; font-size: 1.5em; border-bottom: 1px solid #eaeaea; padding-bottom: 5px;\"\u003eFrequently Asked Questions About How the Stock Market Works\u003c\/h2\u003e\n    \n    \u003cdetails style=\"margin-bottom: 10px; border: 1px solid #eaeaea; padding: 10px; border-radius: 4px; background-color: #fcfcfc;\"\u003e\n      \u003csummary style=\"font-weight: bold; cursor: pointer; color: #2c3e50; outline: none;\"\u003eWhat is How the Stock Market Works by Michael Becket actually about?\u003c\/summary\u003e\n      \u003cp style=\"margin-top: 10px; margin-bottom: 0;\"\u003eThe book serves as a clear, comprehensive primer designed to demystify complex financial markets for retail investors. Michael Becket breaks down the mechanics of the London Stock Exchange (LSE) and global financial trading, explaining how shares, bonds, derivatives, and mutual funds function, while guiding novice investors on how to build a resilient investment portfolio and evaluate market risks.\u003c\/p\u003e\n    \u003c\/details\u003e\n\n    \u003cdetails style=\"margin-bottom: 10px; border: 1px solid #eaeaea; padding: 10px; border-radius: 4px; background-color: #fcfcfc;\"\u003e\n      \u003csummary style=\"font-weight: bold; cursor: pointer; color: #2c3e50; outline: none;\"\u003eHow is the information presented in How the Stock Market Works by Michael Becket? Is it a difficult read?\u003c\/summary\u003e\n      \u003cp style=\"margin-top: 10px; margin-bottom: 0;\"\u003eIt is an exceptionally lucid, user-friendly financial handbook structured specifically for complete beginners. Becket strips away intimidating city jargon and complex mathematical formulas, replacing them with straightforward explanations, practical glossaries, and real-world examples. The prose flows logically through short, modular chapters that walk the reader step-by-step from opening a brokerage account to reading corporate balance sheets.\u003c\/p\u003e\n    \u003c\/details\u003e\n\n    \u003cdetails style=\"margin-bottom: 10px; border: 1px solid #eaeaea; padding: 10px; border-radius: 4px; background-color: #fcfcfc;\"\u003e\n      \u003csummary style=\"font-weight: bold; cursor: pointer; color: #2c3e50; outline: none;\"\u003eWhat are the main underlying messages or themes in How the Stock Market Works by Michael Becket?\u003c\/summary\u003e\n      \u003cp style=\"margin-top: 10px; margin-bottom: 0;\"\u003eThe text delivers an indispensable guide focused on democratizing financial literacy, understanding risk management over blind speculation, and long-term wealth accumulation. Becket emphasizes that successful investing requires disciplined research rather than chasing market hype, highlighting how macroeconomic cycles, interest rates, and corporate governance directly impact individual investment outcomes.\u003c\/p\u003e\n    \u003c\/details\u003e\n\n    \u003cdetails style=\"margin-bottom: 10px; border: 1px solid #eaeaea; padding: 10px; border-radius: 4px; background-color: #fcfcfc;\"\u003e\n      \u003csummary style=\"font-weight: bold; cursor: pointer; color: #2c3e50; outline: none;\"\u003eDid How the Stock Market Works by Michael Becket win any major awards or get adapted into a movie?\u003c\/summary\u003e\n      \u003cp style=\"margin-top: 10px; margin-bottom: 0;\"\u003eWhile it has not been adapted into a film, the book stands as one of the UK’s most enduring, highly acclaimed personal finance classics. Backed by The Daily Telegraph, it has gone through six major updated editions over two decades, selling hundreds of thousands of copies worldwide and remaining a staple reference manual recommended by financial advisors, business schools, and novice investor clubs across the globe.\u003c\/p\u003e\n    \u003c\/details\u003e\n\n    \u003cdetails style=\"margin-bottom: 10px; border: 1px solid #eaeaea; padding: 10px; border-radius: 4px; background-color: #fcfcfc;\"\u003e\n      \u003csummary style=\"font-weight: bold; cursor: pointer; color: #2c3e50; outline: none;\"\u003eWhy did Michael Becket write How the Stock Market Works, and what makes the text uniquely significant to his personal career or background authority?\u003c\/summary\u003e\n      \u003cp style=\"margin-top: 10px; margin-bottom: 0;\"\u003eBecket wrote this book to bridge the massive knowledge gap between institutional financial elites and everyday retail savers. As a veteran financial journalist and former city editor for The Daily Telegraph, Becket possessed unmatched authority and decades of front-row experience covering global markets. His lifelong career translating convoluted economic policy into plain-English newspaper columns enabled him to produce the ultimate, authoritative guide for individual financial empowerment.\u003c\/p\u003e\n    \u003c\/details\u003e\n\n    \u003c!-- DISCLAIMER BUST-DOWN --\u003e\n    \u003cdetails style=\"margin-bottom: 10px; border: 1px solid #eaeaea; padding: 10px; border-radius: 4px; background-color: #f4f6f8; border-left: 3px solid #2c3e50;\"\u003e\n      \u003csummary style=\"font-weight: bold; cursor: pointer; color: #2c3e50; outline: none;\"\u003eCondition Notice: Pre-Owned \/ Second-Hand Product\u003c\/summary\u003e\n      \u003cp style=\"margin-top: 10px; margin-bottom: 10px;\"\u003e\u003cstrong\u003eAll books, box sets, and multi-volume collections\u003c\/strong\u003e offered by Bust-Down Books are sold in pre-owned, used, and second-hand condition, unless explicitly designated as new in the individual product listing.\u003c\/p\u003e\n      \n      \u003cp style=\"margin-top: 10px; margin-bottom: 5px;\"\u003e\u003cstrong\u003eCondition Details \u0026amp; Grading:\u003c\/strong\u003e\u003c\/p\u003e\n      \u003cul style=\"padding-left: 20px; margin-bottom: 10px;\"\u003e\n        \u003cli style=\"margin-bottom: 6px;\"\u003e\n\u003cstrong\u003ePrevious Ownership:\u003c\/strong\u003e These items have been previously owned, handled, and read. As such, copies may exhibit typical signs of shelf wear, including but not limited to minor creasing, scuffing, edge wear, bent page corners, remainder marks, or spine softening. Trade paperback editions may show minor cover curling, spine creasing, or edge rubbing.\u003c\/li\u003e\n        \u003cli style=\"margin-bottom: 6px;\"\u003e\n\u003cstrong\u003eMarkings \u0026amp; Personalization:\u003c\/strong\u003e Items may occasionally contain inscriptions, library stamps, owner names, marginalia, or highlighting. Individual item descriptions reflect significant deviations from standard acceptable condition.\u003c\/li\u003e\n        \u003cli style=\"margin-bottom: 6px;\"\u003e\n\u003cstrong\u003eSupplemental Materials:\u003c\/strong\u003e Secondary and digital components—such as publisher access codes, CD-ROMs, bonus inserts, registration keys, or workbook activity pages—are not guaranteed to be included, active, or unredeemed unless specifically stated in the product description.\u003c\/li\u003e\n      \u003c\/ul\u003e\n\n      \u003cp style=\"margin-top: 10px; margin-bottom: 5px;\"\u003e\u003cstrong\u003eFirst Sale Doctrine \u0026amp; Non-Affiliation Statement:\u003c\/strong\u003e\u003c\/p\u003e\n      \u003cp style=\"margin-top: 5px; margin-bottom: 10px;\"\u003eAll items sold on this platform are original, lawfully acquired copies being resold under the protection of the First Sale Doctrine (codified under U.S. copyright law, 17 U.S.C. § 109, and applicable international equivalents permitting the secondary resale of lawfully manufactured goods).\u003c\/p\u003e\n      \u003cp style=\"margin-top: 5px; margin-bottom: 0;\"\u003eBust-Down Books, LTD. is an independent, secondary-market bookseller. We are not affiliated with, endorsed by, authorized by, or sponsored by the original authors, copyright holders, publishers, or trademark owners of the titles offered for sale. All registered trademarks, author names, book titles, and publisher imprints remain the sole property of their respective owners and are used strictly for nominative identification and descriptive purposes.\u003c\/p\u003e\n    \u003c\/details\u003e\n  \u003c\/section\u003e\n\u003c\/div\u003e\n\n\u003cscript type=\"application\/ld+json\"\u003e\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@graph\": [\n    {\n      \"@type\": [\"Product\", \"Book\"],\n      \"name\": \"How the Stock Market Works: A Beginner's Guide to Investment (The Daily Telegraph, Sixth Edition)\",\n      \"author\": {\n        \"@type\": \"Person\",\n        \"name\": \"Michael Becket\"\n      },\n      \"isbn\": \"9780749480554\",\n      \"sameAs\": \"0749480558\",\n      \"bookFormat\": \"https:\/\/schema.org\/Paperback\",\n      \"numberOfPages\": 232,\n      \"publisher\": {\n        \"@type\": \"Organization\",\n        \"name\": \"Kogan Page\"\n      },\n      \"datePublished\": \"2018-02-03\",\n      \"inLanguage\": \"en\",\n      \"image\": \"https:\/\/cdn.shopify.com\/s\/files\/1\/0855\/2077\/7531\/files\/9780749480554.jpg?v=1789905405\",\n      \"url\": \"https:\/\/bustdownbooks.com\/products\/how-the-stock-market-works-sixth-edition-michael-becket-9780749480554\",\n      \"offers\": {\n        \"@type\": \"Offer\",\n        \"priceCurrency\": \"USD\",\n        \"price\": \"15.99\",\n        \"availability\": \"https:\/\/schema.org\/InStock\",\n        \"itemCondition\": \"https:\/\/schema.org\/UsedCondition\"\n      },\n      \"about\": [\n        {\n          \"@type\": \"Thing\",\n          \"name\": \"BUS051000 \/ BUSINESS \u0026 ECONOMICS \/ Personal Finance \/ Investing\"\n        },\n        {\n          \"@type\": \"Thing\",\n          \"name\": \"BUS027000 \/ BUSINESS \u0026 ECONOMICS \/ Finance \/ General\"\n        },\n        {\n          \"@type\": \"Thing\",\n          \"name\": \"BUS036000 \/ BUSINESS \u0026 ECONOMICS \/ Investments \u0026 Securities \/ Stocks\"\n        }\n      ]\n    },\n    {\n      \"@type\": \"FAQPage\",\n      \"mainEntity\": [\n        {\n          \"@type\": \"Question\",\n          \"name\": \"What is How the Stock Market Works by Michael Becket actually about?\",\n          \"acceptedAnswer\": {\n            \"@type\": \"Answer\",\n            \"text\": \"The book serves as a clear, comprehensive primer designed to demystify complex financial markets for retail investors. 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