Investing, in plain language

From what a share is to how to read a balance sheet. Short lessons, quizzes to practise with, free for everyone.

Often opened:Reading financial statements Dividend yield Index funds

QuizNot sure where to start?Five questions for the fun of it, a few more to point you at where to begin.

All topics

Thirty-three topics in four groups. Open a group to see the topics inside.

Group I · 5 topicsFoundations & personal financeThe concepts a complete newcomer needs before anything else, plus everyday personal finance.5 topics · 56 lessons

1Investing fundamentals13 lessons 2Personal finance13 lessons 3Banking, cash and savings instruments8 lessons 4Retirement and long-term planning10 lessons 5Insurance and protection12 lessons

Group II · 8 topicsMarkets, participants and eventsHow markets work, who acts in them, the economics that drive them, and the events that happen to shareholders.8 topics · 102 lessons

6Financial markets: how they work13 lessons 7Market participants: the actors16 lessons 8Macroeconomics for investors13 lessons 9Microeconomics for investors10 lessons 10Economic history and schools of thought12 lessons 11Corporate actions and market events14 lessons 12Market history and great crises13 lessons 13Market data literacy11 lessons

Group III · 8 topicsAsset classes and instrumentsWhat investors actually buy — equities, bonds, funds and ETFs, and the rest of the instrument universe.8 topics · 112 lessons

14Equities: the first instrument11 lessons 15Bonds and fixed income: lending, priced16 lessons 16Funds and ETFs: owning through a wrapper19 lessons 17Options and derivatives: contracts on other things16 lessons 18Foreign exchange: the price of one money in another12 lessons 19Crypto and digital assets: technology, asset and industry16 lessons 20Commodities and real assets: things you can touch9 lessons 21Alternative investments: everything else, and what it costs13 lessons

Group IV · 12 topicsDoing the workHow the work is actually done — theory, accounting, statements, analysis, research, execution, portfolios and the ethical frame around all of it.12 topics · 145 lessons

22Investment theory and risk8 lessons 23Accounting for investors10 lessons 24Reading financial statements, line by line19 lessons 25Types of analysis19 lessons 26Company research and filings10 lessons 27Inside the company: corporate finance and governance9 lessons 28Investment strategies and schools of thought13 lessons 29Orders and execution14 lessons 30Brokerages and accounts11 lessons 31Portfolio and risk management12 lessons 32Behavioural finance and investor psychology9 lessons 33Regulation, ethics and investor protection11 lessons

Practice

Quizzes

Short rounds, answered on the spot.

5 questions · 1 minQuick roundFive questions pulled from anywhere in the library. Learn something without meaning to.8 questions · 3 minFind where to startEight questions about where you stand, not a test. It ends with your level and which lesson to start with.

Free for everyone

Every lesson is open to everyone. No account, no paywall, nothing to unlock — the whole library reads as it is.

No one paid to be in here

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