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As a tie-in to episode 009 (Price), in this episode we discuss value: how it differs from price, how it's determined (spoiler: it's different for each person), and I make the case that you probably don't want most of the goods and services that are available, even if they were free!
This talk covers price, how they are set (answer: supply & demand), why they might differ for similar products, and we talk through a market example of price setting.
Even the best things aren't perfect. If you're going to be an investor in the stock market, you have to learn to deal with its downsides (literally).
We use an analogy of buying the GOAT's world cup jersey to illustrate shared ownership and selling shares to the public. For you soccer fans (and everyone else, too)!
Today we talk about the stock market! We discuss what the stock market is, what "stock" is, and how and why a company goes public.
We discuss markets, what they are, why they exist, how they work, goods versus services, and some examples.
There are only two fundamental ways to invest your money, and we talk about those in this episode!
We answer a very important question to start off our investment class: what is investing?
Don't expect all of these to be so short ;)
Welcome to Investment Class! Here is an overview of what is to come and what to expect!
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