The rapid development of information technology has led to the fact that the degree of awareness between professional financiers and private investors has become approximately equal. It would seem, what’s wrong with that? But, like any medal has two sides, this process is not without negative consequences. Remembering the collapse of the US stock system in 1987, he gave an exhaustive answer to this statement: the lightning speed with which panic spread around the globe led to the fact that the crisis of one country, although the most powerful in the world, became a planetary problem.
The problem is that the same information can be interpreted differently by different consumers, which only exacerbates the problem. Therefore, you need to look for tools on how to teach a person to read financial information, like any other, in the only correct interpretation.
This task is the basis of the book “How to Read Financial Information” by Michael Brett. The main advantage of this publication is its practical orientation. The book examines in detail the question of how financial information can be viewed by different participants, according to their vision of the general situation, or for the sake of their own interests. All interpretations and definitions available in the publication do not pretend to be perceived as a standard. However, an attentive reader of the work will be able to consider the question of how to read financial information and see this as a simple explanation of how money works.
In the book “How to Read Financial Information”, Michael Brett highlights the features of modern financial media that often mislead private investors and traders (biographies of authors of books on forex and traders). The main chapters of the publication are devoted to the consideration of the principles of the organization of the banking and financial systems, the formation of monetary and credit policy, methods of influencing the formation of quotations and prices for stock assets. The book is recommended for reading for traders and investors with practical experience, as well as for those who are interested in the mechanism of the global financial system.
