# Stock Market Investing (Self-Paced)

Canonical URL: <https://www.nobledesktop.com/classes/stock-market-investing-self-paced>

## Overview

Discover what drives stock prices and how investors place a value on stocks. In this course, you'll dive into the essentials of valuation (including P/E ratios and DCF analysis), financial statements, and the fundamentals of stock investing. You'll analyze recent earnings releases and valuation multiples from companies like Google and Apple, giving you a framework for conducting fundamental investment research.

This class aims to give you a solid understanding of how financial markets actually work, rather than pushing get rich quick trading schemes. The principles you'll learn here are the same ones championed by value investors like Warren Buffett and Benjamin Graham.

## What you'll learn

- Get grounded in the fundamentals of stock investing, including indices, dividends, and exchange traded funds (ETFs)
- Analyze companies using valuation techniques such as P/E ratios, EV/EBITDA multiples, and DCF modeling
- Understand key financial indicators like market capitalization, enterprise value, and cost of capital
- Explore how earnings releases, interest rates, and Federal Reserve policy shape stock movements
- Get an introduction to bond investing, covering bond types, yields, spreads, and credit risk assessment
- Dive into real estate investing topics like REITs, capitalization rates, and how leverage comes into play
- Examine stock options, hedging strategies, and the Black Scholes pricing model for options trading
- Investigate what caused the 2008 financial crisis and its impact, including mortgage backed securities and credit default swaps

## Curriculum

#### Stock Investing

- Stock fundamentals
- Stock indices
- Liquidity
- Dividend yields
- Exchange traded funds

#### Stock Valuation

- Market capitalization
- Enterprise value
- P/E Ratios
- Shortfalls of P/E ratios
- EV/EBITDA multiples
- Intro to DCF modeling
- CAPM and cost of capital

#### Stock Movements

- Earnings releases
- Analyst earnings estimates
- Economic data
- Interest rates and the Federal Reserve
- Earnings transcripts and company presentations

#### Bond Investing

- Types of bonds
- Bond prices, yields, and spreads
- Credit ratings and risk
- Bankruptcy

#### Intro to Real Estate Investing

- Types of real estate assets
- Real Estate Investment Trusts (REITS)
- Capitalization rates
- Mortgages and loan-to-value (LTV) ratios
- How does leverage impact returns?

#### Stock Options

- Call options
- Put options
- Option strategies and hedging
- Black-Scholes Model

#### Financial Crisis

- Mortgage-backed securities
- Credit default swaps
- How did the housing marketing collapse spread to the major banks and other financial institutions?
- Who is to blame for the financial crisis? (regulators, investment banks, homeowners, mortgage lenders, rating agencies)

## Pricing

**Tuition:** $299
