by Chris Lee | Dec 30, 2016 | Summaries
Who is Warren Buffett? Born 1930, Omaha, Nebraska Started managing funds in 1956 with the formation of the Buffett Partnership (dissolved in 1969). Now chairman and major owner, Berkshire Hathaway Inc $1,000 invested with Buffett in 1956 would be worth $ 25,289,750 as...
by Chris Lee | Jan 24, 2016 | Summaries
Non- Profit Finance The idea of finance for a long time has always been to make a lot of money. However, in fact, non-profit finance is a pretty big thing in the United States – it is around 4% of their gross domestic product (GDP). Many people such as...
by Chris Lee | Jan 17, 2016 | Summaries
The Financial Infrastructure Includes: 1) Buy side People who are in the business of buying securities like stocks and bonds. They do it as professionals. Professional Investment Managers and Their Influence The law prescribes that Investment Managers who manage other...
by Chris Lee | Jan 13, 2016 | Summaries
Disclaimer: This will be one of the more “difficult to understand” chapter as compared to the past 5 weeks (although I tried my best to make it as easy as possible to understand) – so feel free to ask me any questions! Guide: Bank Runs = A situation...
by Chris Lee | Jan 6, 2016 | Summaries
Introduction to Derivatives, Futures, Forwards, and Options market from Professor Robert Shiller The derivatives market is a market for securities with a price that is dependent upon or derived from one or more underlying assets. Examples of Derivates market are...
by Chris Lee | Dec 28, 2015 | Summaries
Introduction to Regulation and Enterprise from Professor Robert Shiller Regulatory bodies US government set up Picture source: Google In 1968, the US government set up Federal National Mortgage Association (Fannie May) and in 1970, the US government set up Federal...