Big Think
3 HN recommenders · recommended in 3 months, 2015–2020
43:57 · 14M views · Nov 27, 2012
A Big Think talk in which hedge-fund manager William Ackman goes through the basics of finance and investing in under an hour. It is pitched as a crash course on the most important concepts.
HN recommends it to beginners as a quick, clear overview of finance and investing fundamentals.
3 comments from Hacker News
William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour this video — An excellent crash course for the most critical concepts.
tl;dr Know what you're buying, know your risk threshold, hold it as long as you can, invest frequently. It's going to sound like a stale and naive quip but buy low and sell high. I look for deals. Sometimes that's an IPO with a nice finance sheet. Sometimes it's a huge correction on a popular mega-corporation. Weather you're a value investor or a growth investor the goal is profit, right? What works for me is knowing what I'm investing in. I'm familiar with the products or services. It's a fun topic. There's lots to read out there. Sturgeons Law holds in full effect. 90% of all of it is total crap. All you need is probably at your local library. Here's some homework. Look up these terms: dead cat bounce, double top, exponential moving average, don't fight the tape, upgrades, channel, channel up, channel down, wedge, triangle, insider selling, dividends, oversold, ticker, forex, a falling knife has no handle, FUD, Irrational exuberance... fun time 45 min talk on the basics: this video
A great follow up in the "New York billionaires explain basics of the economy" curriculum: William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour | Big Think [0] Covers the money making, Wall Street side [0] this video