רשומות

מציג פוסטים מתאריך דצמבר, 2006

financial knowledge

Finance is not something taught in school.

Yup, sometimes the basics of the science of Economics are taught, but they don't  teach the basics of Investing, of researching bonds and stocks, of reading financial news, companies reports or governments statements.

This is one of these major differences between the ones who learn it home or during studies and work, and those who never learn. Differences which make the world the has and the has-nots.

Although a part of my training (law) was supposed to include some financial knowledge, and although finance was a field I've been interested in for a long time, until I actually began investing, I didn't really understand the field. The impact of emotions on a stock holder viewing his stocks tumbling down. The impact of a stock soaring upwards without any coherent reason. As times passes I'm slowly realizing how much I don't really know, how much books can deceive or misguide, even though they are talking the right talk.

Fi…