and secondary companies,
172 n;and security analysis,
290 n;small-cap, 369; and
speculation, 5, 37; and “sure
things,” 15, 15–16n;taxes on,
227–28n,242, 562–63; types of,
226–27, 227n. See also
investment funds; specific fund
Mutual Series Funds, 396
name brands, 392, 401
NASDAQ, 38, 81, 149n,152, 186,
190 n, 217 n,359, 406n, 414 n
National Biscuit Co., 393
National Cash Register, 234
National General Corp., 4n,412,
415, 463–66, 466n,470,
472
National Investors Fund, 230
National Presto Industries, 168,
391, 393, 463–66, 466n,470,
514
National Student Marketing Corp.,
234, 235n, 481 n
Navistar, 458n, 460 n
Neff, John, 228n
Nelson, F. Barry, 419
net asset value. Seebook value
net current assets. Seeworking
capital
neuroscience of investing, 220–23
New Community debentures, 95, 96,
155
New Haven Railroad, 286
New Housing Authority, 96, 96n,
155
new offerings, 172, 253n,405; and
advice, 268–69; and aggressive
investors, 134, 139–44, 172,
174–75, 176–77, 392; and case
histories, 433–37; of common
stock, 139n,141–44, 269; and
defensive investors, 176; and
investments vs. speculation, 28;
and market fluctuations, 193;
and per-share earnings, 312n;
and role of investment bankers,
268–69.See alsoinitial public
offerings
New York Central Railroad, 424n
New York Edison Co., 567–68
New York Institute of Finance, 473
New York Stock Exchange (NYSE):
advice from members of, 261,
264, 267, 270, 271; bankruptcy
of firms registered with, 266;
and bargains, 186; closing bell
on, 35; comparison of four
companies listed on, 330–38;
and comparison of securities, 1;
and convertible issues and
warrants, 413n;costs of trading
stocks on, 149n;“customers’
brokers” as registerd with, 264;
and dealings with brokerage
houses, 138, 139, 266, 267; and
dividends, 493, 493n, 494 n;fees
for stock listed on, 128n;
highest-price stock on, 491n;
and per-share earnings, 315;
and portfolio policy for
aggressive investors, 186; and
stock selection for aggressive
investors, 202, 377, 377n;and
stock selection for defensive
investors, 356; and stock splits,
493, 493n;turnover of stock on,
37, 266–67; and World War I, 10
New York Trap Rock Co., 543
Newman, Jerome, 532–33, 532–33n
Newman, Paul, 447n
news, stockmarket, 221–23, 223n
Newton, Isaac, 13–14, 15
Niagara-Mohawk Power Co., 357
“Nifty Fifty” stocks, 336–37n
Nissim, Doron, 506, 506n
Nixon, Richard M., 50n
no-load funds, 227, 227n, 239
Nokia, 81
nonconvertible bonds, 98–99, 134
Norfolk & Western, 425
Norfolk Southern Railroad, 217n,
362 n, 425 n
Norsk Hydro, 250Index 611