Title: He does a really good job explaining things
Product review: A nice description of the equity and debt markets written for a bright college student who wants to understand financial jargon and capital products. There is considerable overlap with his paperback book, Derivatives Demystified, also part of the Wiley Finance series. I have used this latter book in a course at Yale Law School, and I think the students both enjoyed it and profited from it. The Capital Markets book (in hardback) is more comprehensive and broader in scope but retains the same clarity of presentation. I could quibble with a point here or a bit of emphasis there, but overall each book does a very good job. Nice use of charts, graphs, and tables.
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