Master Finance and Investing in Just 1 Hour: Bill Ackman
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Learn the basics of finance and investing in just an hour with CEO Bill Ackman’s lemonade stand example. Discover how to form a corporation, raise funds, and use balance sheets and income statements to assess business profitability. Analyze projections based on growth assumptions and decide on whether or not to continue investing.
Highlights
- 💰 Form a corporation and raise funds to start a business
- 📈 Use balance sheets and income statements to analyze business profitability
- 🔍 Assess projections based on growth assumptions to decide whether or not to continue investing
- 🍋 Example lemonade stand shows fixed assets, inventory, and costs
- 💸 Taking out loans allows you to keep more stock for profits
