03 / REFERENCE LIBRARY

Context that lasts
beyond the session.

A starting vocabulary for reading financial information over time.

Read a company

Revenue, margins, cash, debt, dilution, capital allocation and governance.

Coupon, yield, duration, default, covenants and liquidity risk.

What the vehicle holds, what it replicates, what it costs and what it does not protect against.

Exposure, asymmetry, margin, volatility, maturity and counterparty risk.

Mandate, balance sheet, transmission, communication and the limits of monetary policy.

Institutions, taxation, currency, intermediaries and the specifics of each market.