code-notes/money.norg at master · novigit/code-notes · GitHub

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Stocks and Bonds and Shit

A bunch of my notes on how money works in society, and the basics of investing stocks and bonds and stuff, compiled in a nice structured neorg document.

Sources:
- The Intelligent Investor by Benjamin Graham, commentaries of Jason Zweig
- Bond Investing For Canadians For Dummies, by Andrew Dagys
- Mutual Fund Investing For Canadians For Dummies, by Bryan Borzykowski and Andrew Bell
- Lucien's central bank money creation document
- The Plain Bagel YouTube channel
- Zo simpel is het niet podcast
- ChatGPT
- Logical and critical thinking

* Origins of money
  - barter

  - quantifying value
  - medium of exchange
  - store of value

  /Ideas/
  - gold is great because
  -- easily casted into standardized coins
  --- portable, which makes it a practical medium of exchange
  --- small, standardized coins makes things practical to quantify value of things
  -- easily recognizable yet hard to fake (only gold has this orange yellow sheen)
  -- doesn't degrade, which makes it an excellent store of value
  --- think jewelry accumulation in spartan by women
  -- rare but not too rare
  -- stable, only slightly increasing quantity over time, which ensures fairly stable value over time

* Lending and borrowing
  - buying and selling vs lending and borrowing
  - trust
  - why interest rates?

* Inflation and deflation

* Money creation and destruction
  Central Bank tools:
  - Discount rate
  - Quantitative Easing and Tightening
  - Reserve requirements

* Bonds
** Brief history of bonds
   - Italian renaissance

** Bond fundamentals

   The simplest case:
   - principal
   - coupon rate
   - maturity date
   - defaults

** Bond ratings
   - Table of Moody's, Standard&Poor, Fitch, DBMorningStar ratings
*** Short history of rating screw ups

** Government bonds
*** United States of America
*** Canada
*** European Union
*** United Kingdom

** Mortgage bonds
** Corporate bonds
** Bond market value
   - interest rates of newly issued bonds
   - changes in credit worthiness of bond issuers
   - time to maturity
   - optimism or pessimisim in the stock market


* Stocks
** Brief history of stocks
** Stock fundamentals
** Stock market value
** Shorting a stock

* Cryptocurrencies

* Funds
** Mutual funds
** Exchange Traded Funds
** Bond funds
** Money Market Funds
** Stock funds
** Mix funds
** Hedge funds


* Resources
** TradingEconomics.com
** StockAnalysis.com
** Keytradebank.be blog
** Financial Times
** The Plain Bagel YouTube channel