25-06-2014, 01:57 PM
Hi VBs,
I am taking a Introduction to Finance course in coursera.org and one free resource provided is an online textbook (moderator fear not, this is completely legal and authorized by the author). While not directly relevant to value investing, I feel that many finance concepts are invaluable to me in valuing several stuff such as annuities and perpetuities etcetra. The best lessons I have learnt from this class is on compounding (as most of us already know) in different scenarios, e.g. in annuities, investments, loans.
Hope this helps those without a finance background!
http://book.ivo-welch.info/ed3/
I am taking a Introduction to Finance course in coursera.org and one free resource provided is an online textbook (moderator fear not, this is completely legal and authorized by the author). While not directly relevant to value investing, I feel that many finance concepts are invaluable to me in valuing several stuff such as annuities and perpetuities etcetra. The best lessons I have learnt from this class is on compounding (as most of us already know) in different scenarios, e.g. in annuities, investments, loans.
Hope this helps those without a finance background!
http://book.ivo-welch.info/ed3/