This illuminating seminar explains how financial markets work, and how they can work for you.
Dr. Brook first presents the broad framework within which financial markets operate. He explains the principle of market efficiency, the process by which information is reflected in asset prices, and its implications for the individual investor.
Various financial instruments are lucidly described, from treasury securities to commodity futures, with the primary focus on the relative risks and returns of the equity, bond and money markets. You will learn the common errors investors make, and how to avoid them. You will also learn:
- The productive function of financial markets in the economy.
- The factors affecting stock and bond prices.
- Why "get-rich-quick" schemes are inherently impractical.
- Specific strategies for investing.
Dr. Brook ends by integrating all the material into fundamental rules by which to choose your investment portfolio. This is an unusually clear, informative presentation of a complex subject.
(MP3 download; 6 hrs., 25 min., with Q & A, 279.49 MB)