The first chapter of this book by John C. Bogle explains our current financial system, and the foundations of our financial future. The chapter covers the key concepts of investing, buying and selling stocks, the value of stocks, the stock market, real estate and personal finance.
I was first introduced to the financial system via the movie Moneyball, and I learned so much from that movie that I now try to incorporate all of its concepts into my own financial plans. As one of the earliest economists to study the system, Bogle is certainly as qualified to talk about it as anyone. Bogle’s book lays out some of the key concepts from his research in the field of finance, as well as the ways we can use his ideas to better our own financial well being.
The book is an excellent, easy to read, well-organized, comprehensive resource that is a must-read for anyone willing to learn more about the system.
Bogle is the author of several other books, including The Money Tree: The History of Money, which I highly recommend reading. His work has a unique and interesting way of explaining financial concepts to non-financial minded people.
A great way to get a sense of how we all are different, and what makes a person different. But it’s not enough to just get a look at what we all do with their time, but also to have some good insight into the world we live in.
I would like to recommend several books to you in this regard. The most basic one is a book by a famous American philosopher, William Mitchell. He has a wonderful, simple and very down to earth approach. He discusses the difference between a human and a rational being, which I find particularly insightful. He discusses the human element in the financial system, and has a very interesting and concise way of explaining it. And he has a chapter on the human element in the stock market. He’s right.
Mitchell is one of the most respected philosophers of his generation. He is also one of the most controversial. But if you want a quick, easy, and completely down-to-earth introduction to finance, I would recommend Mitchell’s Foundation of Finance book. It is absolutely necessary reading for anyone who wants to get a better understanding of finance.
Mitchells Foundation of Finance book is a condensed and easily understandable introduction to finance with a lot of practical examples. Some of the topics covered include: Asset Pricing, Investing, Money Supply and the Theory of the Asset, Loan-to-Value Ratio, Leverage and Credit, Macroeconomics, Investment Strategy, and the Market for Money.
This book can also be of great help when learning about investment strategies. The book, while not specifically designed for investors, provides examples and analysis of different investment strategies and investment models. Of course, it’s very important to know the most current financial theories and to know when to diversify, but it’s also important to know when to diversify into different asset classes.
Just because a portfolio is being diversified doesn’t mean it’s the only one that you can diversify into.