Bulls, Bears & the Tortoise

Bulls, Bears & the Tortoise

FPJ BureauUpdated: Saturday, June 01, 2019, 07:57 AM IST
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Understanding the basic equations of financial markets

Manoj K.Singh

Publisher: Leadstart

Pages: 273; Price: Rs 195

The simplest approach to understand how money works in our life is to draw a straight line between our income and expenses but even a straight line is made of millions of connected dots. The world of money has become so much interconnected that even a single missing link can leave a big void. This book tries to connect those dots – with the five hundred most basic concepts that help us in understanding the gaps between our knowledge and understanding. From understanding the simple ‘Risk’ to what is known as ‘Risk-Arbitrage’ one can’t truly appreciate the true dangers without understanding ‘Risk-Return Trade-off’. Bulls and Bears, who are well versed with the workings on the invisible hand of the market, are free to follow their instincts but the tortoise, small investors, have to take a decision only after connecting the dots.

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