When I was young, my momma used to tell me that “gambling is a tax on stupid people.” Of course, cut to me on my 18th birthday in a casino proving her right. The stock market isn’t traditionally thought of as ‘gambling’, or if it is, it’s envisioned as more of a strategic type of gambling, based on sophisticated relationships between types of…uh…various rates of…derivatives and blue...chip…you know what, I don’t even know. It’s just complicated.
Or is it?
This month’s BkkSci welcomes Andrew Stotz, CFA, an award winning university lecturer and equity analyst who has written extensively on financial strategy – and those are just his hobbies. During the day he’s Managing Director of the International Business Department of Maybank Securities.
Andrew’s topic will be The Stock Market: How it Does and Does Not Work, which is interesting because unless you’re an analyst or trader, most people have only a very minor understanding of exactly what goes on with those little numbers that zoom across the bottom of your television. And lest you be fooled, Andrew is not just a stuffy suit – one thing that he is known for is his on-the-ground analyses, talking to real people doing real jobs and drilling down to find the source of the financial currents that drive local, regional and global stock markets.
It’s a constantly evolving field, and Andrew will cover the latest research and opinions on the stock market; the core principals that drive it; and will touch on the math and statistics that come together to fatten up your portfolio…or drain it of all life.