This is an advanced course for investors in the market, covering cutting-edge investment principles and practices used by professionals. You learn hands-on techniques for analyzing the central problem of How to determine if a potential investment is a good deal. Employing concepts from probability and statistics, you learn how to measure risk accurately. Then you explore methods for determining if a given security, such as a stock or bond, will generate returns that compensate for its risk.
Throughout these 24 in-depth lectures, you weigh the relative advantages of active and passive investment strategies. An active approach takes advantage of mispriced securities that can be traded for a profit. A passive strategy seeks to build a well-diversified portfolio that can be put on automatic pilot. Many investors combine these strategies, and Professor Slezak takes you through a wide range of cases that show how to devise a balanced approach.
His many useful tips include how to avoid the most common mistakes that investors make, why you should think in terms of net present value in evaluating a company, how to combine securities in order to control risk, and the importance of analyzing an investment before you act.
Professor Slezak is an expert who knows how to communicate effectively. He enlivens his presentation with colorful anecdotes and object lessons from the recent history of Wall Street. His parting Don't be afraid of the market. Nothing is a sure thing, he stresses, but the market has performed consistently over the long term.
I wanted to give this course 4 or 5 stars and if others wish to do so I have no objection, but the title says "Advanced Investments" and that is what this course is. I am not at that point. I can follow the probability and statistics arguments in general, but I know if I tried to do it in detail, I would probably fail. I need something more basic. Nevertheless, I could tell the information was good.
I probably won't listen to this audio course again unless I study a lot more.
Формат: Аудиокнига Язык: Английский Курс лекций по инвестициям. Но аудиоформат к сожалению не тот формат в котором эти данные можно потреблять. Много формул (хоть и в принципе однотипных) которые тяжело воспринимать на слух, поэтому добрая часть эффекта теряется. В виде видеоуроков думаю нормально - аудиоформат это в данному случае не то. К перепрочтению - однозначно нет.
This entire review has been hidden because of spoilers.
A bit over my head, even after a second listen, but well-explained for whenever I decide to take the time to really learn the strategies. For now, I am glad to at least have an overview of what they are and to familiarize myself with the terms.
It might be a good book, but not in audio format. It has good accompanying materials, but without looking it is very hard to follow. Some other lecturers manage to describe calculations by explaining what goes into the formula and how its arguments impact the result, but here umpteen formulae are red as they are seen on paper.