January 16, 2013

Basics on Finance and Investing - Bill Ackman

As the great master Ben Graham said, stock is not just a ticker symbol that keeps moving.  Behind every stock symbol there is an underlying business. When you buy a stock, you are buying a piece of the business partnership.  So, you should understand business and finance before you start to invest.  Hedge fund manager Bill Ackman gives a very simple explanation of finance and investing using a lemonade stand business. 






No comments: