4 ms·

From someone who has absolutely no idea how the markets work and what are the 'mechanics' behind the stock markets, economy etc: what is the good/productive way

by iyn 11y ago

From someone who has absolutely no idea how the markets work and what are the 'mechanics' behind the stock markets, economy etc: what is the good/productive way to learn about such things? The linked article provides some explanation, but I still don't feel that I 'feel'/truly understand the topic. I'd recommend books/videos/articles recommendations.

kspaans 11y ago
http://investopedia.com http://investopedia.com is a great way to dive in and learn some vocabulary. They also have some nice videos.
kasey_junk 11y ago
A blog post I keep around because I was tired of writing the same things on HFT threads: http://kc.my-junk.info/hft-books/ http://kc.my-junk.info/hft-books/ Of particular note if you are interested in the mechanics of exchanges is "Trading And Exchanges" By Harris. It is a little old at this point (and thus doesn't deal with RegNMS which is of particular importance to HFT) but a very good book on the basics.
cdetrio 11y ago
The Coursera course "Economics of Money and Banking" is fantastic, and focuses on real-world mechanics rather than theory. You should be able to view archived lectures if there isn't an active course: https://www.coursera.org/course/money https://www.coursera.org/course/money
whatok 11y ago
This is a great overview done by Ray Dalio, founder of Bridgewater Associates; one of the world's largest hedge funds. "Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, "How does the economy really work?" Based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur." https://www.youtube.com/watch?v=PHe0bXAIuk0 https://www.youtube.com/watch?v=PHe0bXAIuk0
henrik_w 11y ago
I haven't had time to watch yet, but Khan Academy has a lot of presentations here: https://www.khanacademy.org/economics-finance-domain/core-finance https://www.khanacademy.org/economics-finance-domain/core-fi...
6502nerdface 11y ago
I highly recommend Trading & Exchanges, by Larry Harris. He walks through many kinds of transactions from end to end, with concrete examples, in plain language.

by iyn 11y ago

kspaans 11y ago

http://investopedia.com http://investopedia.com is a great way to dive in and learn some vocabulary. They also have some nice videos.

kasey_junk 11y ago

A blog post I keep around because I was tired of writing the same things on HFT threads: http://kc.my-junk.info/hft-books/ http://kc.my-junk.info/hft-books/ Of particular note if you are interested in the mechanics of exchanges is "Trading And Exchanges" By Harris. It is a little old at this point (and thus doesn't deal with RegNMS which is of particular importance to HFT) but a very good book on the basics.

cdetrio 11y ago

The Coursera course "Economics of Money and Banking" is fantastic, and focuses on real-world mechanics rather than theory. You should be able to view archived lectures if there isn't an active course: https://www.coursera.org/course/money https://www.coursera.org/course/money

whatok 11y ago

This is a great overview done by Ray Dalio, founder of Bridgewater Associates; one of the world's largest hedge funds. "Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, "How does the economy really work?" Based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur." https://www.youtube.com/watch?v=PHe0bXAIuk0 https://www.youtube.com/watch?v=PHe0bXAIuk0

henrik_w 11y ago

I haven't had time to watch yet, but Khan Academy has a lot of presentations here: https://www.khanacademy.org/economics-finance-domain/core-finance https://www.khanacademy.org/economics-finance-domain/core-fi...

6502nerdface 11y ago

I highly recommend Trading & Exchanges, by Larry Harris. He walks through many kinds of transactions from end to end, with concrete examples, in plain language.