MGMT 4A Chapter Notes - Chapter 6: Bombay Stock Exchange, Tokyo Stock Exchange, Coursera
Document Summary
Part 1: a stimulating guide to the stock market. Roulette is the only one that is pure gambling. Poker and stock market investing represent intelligent speculation (if done correctly) Gambling is games of pure chance with no real skills (luck) Intelligent speculation = tipping the odds in your favor. If you know the odds well, over time you will win more than lose. When you can sway the odd in your favor, that"s intelligent speculation (used in stock market game) Go to yahoo stock page and read about the company. Equals tipping the odds in your favor. If you want to make money in investing stocks, it takes time and effort to make money. Not a piece of paper, they are tiny shares of ownership. Buy shares and you are part owner. Total returns: the rate of return you receive on your stock investment. Example: you buy stock, after a year you get (10%)
