Re:Microsoft decides to automatically update Internet Explor...
by brc on Saturday December 17, 2011 @05:57PM
(#3365330)
My suggestion is stop laying and wondering and start reading. Economics and finance is a fascinating topic if you want to truly understand the history and theory of money and finance.
I don't mean boning up on company reports (though the ability to read and understand them is a good life skill) but rather truly trying to understand what money is, what it means, why so many apparent paradoxes exist.
To wit; wealth is not a zero sum game. Hard numbers like valuations come about just from an agreement at a point in time, which are just the opinions of two people at a flash in history. Even the value of a dollar in your wallet is a massively volatile thing in terms of what you can purchase with it.
A good jumping off point is Niall Fergusons 'The History of Money' (book or video). Get through that and then decide which of the sub-themes you want to delve into further.
I don't mean boning up on company reports (though the ability to read and understand them is a good life skill) but rather truly trying to understand what money is, what it means, why so many apparent paradoxes exist.
To wit; wealth is not a zero sum game. Hard numbers like valuations come about just from an agreement at a point in time, which are just the opinions of two people at a flash in history. Even the value of a dollar in your wallet is a massively volatile thing in terms of what you can purchase with it.
A good jumping off point is Niall Fergusons 'The History of Money' (book or video). Get through that and then decide which of the sub-themes you want to delve into further.