A hedge fund manager, Bill Ackman, provides a comprehensive beginner guide within an hour what you need to know to invest the old fashion way.<br /><br />Topics covered:<br /><br />Bill Ackman<br /><br />Everything you need to know about finance & <br /><br />Investing<br />-- How does a business work, generates profit, raise capital and monetize their business<br />|-- Raising money as a corporation<br />|-- Difference between debt and equity<br />|-- What is a balance sheet and what it shows<br />|-- What is the income statement and what it shows<br />|-- What is the cash flow statement and what it shows<br />|-- Evaluating Value: Earnings yield, Return of capital, Earnings Growth<br />|-- What an equity investor can get and what a debt investor can get<br />|-- What you need to know about different kind of debt<br />|-- What you need to know about different kind of equity<br />|-- Assessing Investment Risk<br />|-- How an owner take cash out of the business? Dividends, Selling, IPO<br /><br />-- Valuation<br />|-- Compare to other business<br /><br />-- Investing<br />|-- Compounding and opportunity cost<br />|-- Why you need to think about making smart investment decisions<br />|-- Investment Risk<br /><br />-- How to avoid losing money<br />|-- What kind of business Bill Ackman would avoid<br />|-- Simple list of business you can start looking in<br />|-- When to invest<br />|-- The psychology of investing<br /><br />-- What is a mutual fund (unit trust)<br />|-- Criteria of a good money manager
