Hey /biz/, I want to learn more about finance on my own, I'd really want to better understand how it works. I didn't go to college, so not much higher education under my belt. How much maths is needed? I can handle algebra, and I taught myself very basic calculus a few months ago like derivatives and limits and basic integration techniques. Would this be useful for finance? I'm not a math genius or anything but I think I can handle it. Where should I start? Any tips?
>>3309884
https://mega.nz/#F!1R0QATqZ!Eb1_M5KC9gkxK6w32R2ETw
(double click the zip file, then go into the '.biz' folder, then highlight all the books and extract)
Finance breaks down to arithmetic, mainly, but log and natural log are important too.
Quantitative stuff encompasses aspects of statistics, like calculating averages (which become expected values to be achieved, over the long run, by taking some position) and calculating standard deviation (which is used as a measure of how likely you are to achieve your expected outcome).
Khan academy has a playlist which starts from the basics of FV = PV * (1 + r)^n which is a fundamental equation in all of binance :DDD
Learn how to do to shit in excel, like downloading csv files from Yahoo finance, and then performing calculations/making graphs and shit. Learn VBA so you can make your own Macros in excel.
>>3310136
Calc is important too, when you're trying to find optimum values.
>>3309884
Do Stat right or don't do it at all.
http://www.springer.com/us/book/9783540254843
What do you want? Personal finance? Economics? (Macro or Micro?) Trading? Investing? Be specific.
>>3310235
Personal finance and some economics.
>>3311227
Learn basics of finance by taking a Corporate Finance and Financial Accounting course. I recommend taking NYU Damodoran's online Corporate Finance class. You can also just read the first few chapters of any Corporate Finance textbook, do the some of the examples though.
After that, go read the Intelligent Investor and Warren Buffett's Letters to shareholders. Then take NYU Damodoran's Valuation course online.
After you've done all of this you'll have very strong foundations for investing and decision making.
>>3311268
>dude asks for personal finance
>give him corporate
just starterpack with Rich Dad Poor Dad and youll have an idea of where to go from there.
Aswath is the boi.
>>3311227
Avoid conventional personal finance advice. It's for normies and will turn you into an eternal wagecuck.
Most personal finance websites like Reddit/r/personalfinance, give extremely bad advice unless you want to be a millionaire when you're 60.
Remember, when you're young income is everything. You need to grow your income and make investments in yourself and your career/profession. If you listen to the folks in personal finance, they'll tell you to settle for 50K/yr and 4% annual wage raises. If your income isn't growing at 20%+/year in your 20/30s though, you'll sure as hell be a poorfag.
>>3311286
Yes, but most personal finance literature is for wagecucks. This is a business board.
Read every article and watch every video posted on Investopedia.com
Your welcome
>>3311328
RDPD isnt really a wagecuck book, its about the ABCs of not being stupid with your money
Its one thing to make money, its another thing to actually keep it.
>>3310136
I like that equation.