Ask HN: Finance System 101 https://ift.tt/UMLhA0c Is there a good "Finance for Dummies" books that would allow one to semi-intell...
Ask HN: Finance System 101 https://ift.tt/UMLhA0c Is there a good "Finance for Dummies" books that would allow one to semi-intelligently follow finances news? I made some notes and e.g. I'd like to more fully understand following terms (as opposed to think/assume I understand), and in particular their interplay. Kind of like a "high level architecture / process / data flow diagram for global financial system" :D Absolutely understood that 100 people can spend 100 lifetimes and not fully understand it all. But an intelligently written primer is all I need for sheer curiosity. Thx! asset equity liquitidy leverage / over and under leveraged Leveraged Loan / over leveraged loan? Bonds collateralized loan obligations credit / credit facility tield, dividend solvency collateral / overcollateralized rehypothecation - using colateral on loan you've given to borrow more money security / securitization capital capital ratio loan / lend balanced books margin / margin loans / margin borrowing / margin lending underwriting divest / redeem stock, exchange bond markets 3
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