Agree very much with this. Have an economics degree, PhD from a finance department (although my research was not finance). Personally, with a solid grasp of cal

Agree very much with this. Have an economics degree, PhD from a finance department (although my research was not finance). Personally, with a solid grasp of calculus II, I breezed through my economics degree. Including graduate level courses. My two cents are that an understanding of stats and honing probabilistic intuition (a devilish thing to do) is much more important. Of course, the basic education helps you grok things, how/why a central bank influences an economy, but you may be led astray if you put too much faith into things like the Phillips curve. I would suggest reading any respected macro textbook as well as Hull for learning how financial instruments are priced. You’ll quickly learn that diversifying will get you 95% of the way there with 100% of your mental well-being intact. If you want to be fancy at your cocktail parties, throw a Markowitz optimization over your portfolio. Unless you are willing to devote your entire time finding an edge, you just will not be able to compete with hedge funds and their arsenal of tools, chief among them is a constant stream of intelligent and well paid people to devote their entire time doing it.