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TradeAlmanac Journal: how the Russian market actually works
Explainers, an investor's glossary and courses on the Moscow Exchange, SPB Exchange, bonds, dividends, taxes and macroeconomics. Every number in an article is pulled from the TradeAlmanac database rather than typed in by hand, so it does not go stale.
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Sections
- Investing basicsWhere an account begins: the broker, the depository, the first trade, and what separates investing from speculation.86 articles
- StocksWhat owning a share of a business means, where the price comes from, and how ordinary shares differ from preferred ones.33 articles
- BondsCoupon, duration, put dates and yield to maturity — and why a bond's price falls when rates rise.24 articles
Courses: articles in a meaningful order
- A dividend strategyHow payouts work, what a dividend policy really promises, and why a record yield in the screener is a warning rather than an invitation.6 steps · about 75 min
- Bonds from scratchCoupon, accrued interest, duration, put options and yield to maturity — everything needed to compare two issues and not sleep through a put date.7 steps · about 80 min
- Derivatives without illusionsFutures, options, margin and expiry: how the contracts work, what the money is debited for every evening, and why leverage hurts even when the forecast is right.
Investor's glossary
Latest
- The Nixon Shock: why the dollar stopped being a claim on goldThe Nixon Shock is the name given to the decision by US President Richard Nixon announced on 15 August 1971.Investing basics · 5 min
- Sales per square metre: how much revenue the selling space generates, not the expansion programmeSales per square metre is a retail chain's revenue for a period divided by its average selling space over the same period.Investing basics · 6 min