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Finance - accessibility (asking for textbook recommendations) 2020-12-05T21:14:54.537Z

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Comment by max he (max-he) on Taking money seriously · 2021-01-29T08:19:23.692Z · LW · GW

I would be interested in a post about the cost (time and attention) of building a knowledge foundation in our era of exacerbated complexity and breadth for the average Joe. I wonder if even under great process (ultra learning, or more evolved quick learning), the learned citizen is but an unreachable lie. 

Comment by max he (max-he) on What posts on finance would your find helpful or interesting? · 2021-01-17T10:55:18.308Z · LW · GW

I should have been more precise, I fancy a knowledge door of entry to understand finance; not a practical door, nor a career door.

Comment by max he (max-he) on What posts on finance would your find helpful or interesting? · 2021-01-16T09:55:25.595Z · LW · GW

If that offer is still active, I, as an abstract thinker, formalism lover, and mathematical symbols worshipper, would very much enjoy a palatable door of entry into the world of finance. I've read so much, but grew so little, feeling like reading reflections of shadows in muddle puddles in a cave (Allegory of the cave).

Comment by max he (max-he) on Finance - accessibility (asking for textbook recommendations) · 2020-12-10T16:44:23.109Z · LW · GW

Yes, you are right. I was being a bit flexible saying that I agreed. I only partially agree. I may be too conflict averse.

Comment by max he (max-he) on Finance - accessibility (asking for textbook recommendations) · 2020-12-10T11:29:05.393Z · LW · GW

I agree with you.

Somehow, in the end, what matters to me is that in the course of learning:

  • [order] notions and their dependencies are introduced in a topological-sorted manner. Be it through multiple small or large texts, or all together in a fat book.
  • [redundancy] having to read/skim the same notion the least amount of times.

I've had trouble finding small piecemeal contents that do not require a whole lot of background knowledge to be understood.

Large, comprehensive texts, my thought was, have lower such risks. And I agree that the bigger the piece, the higher the redundancy risk.

Comment by max he (max-he) on Finance - accessibility (asking for textbook recommendations) · 2020-12-08T13:10:37.779Z · LW · GW

Thank you Sir/Madam for your answer.

I mean all of finance. "Introduction to Finance: Markets, Investments, and Financial Management" by Edgar A. Norton and Ronald Melicher mentions and structures the book in three parts: Institutions and markets, investments (trading), and financial management (corporate finance).

I was hoping this would be it, but in 600p, it seems, there is no mention of money issuance, so I dropped it.