Shiller on Financial Markets course

[mooncliff]

Robert Shiller just started a course "Financial Markets" for free at Coursera.
This is the first class I have signed up for at Coursera. The Star Trek world free education is here!

https://www.coursera.org/course/financialmarkets

[ProdigyofZen]

Re: Shiller on Financial Markets course

Robert Shiller just started a course "Financial Markets" for free at Coursera.
This is the first class I have signed up for at Coursera. The Star Trek world free education is here!

https://www.coursera.org/course/financialmarkets

I literally was going to post this exact same course this morning! I have been signed up for a few weeks. This class is short, only 8 weeks long and should be pretty decent.

Here is his list of recommended readings. Interestingly he pays homage to his fellow Nobel Laureate last year, Fama. The book by Swenson below has been recommended to me many times, but I have yet to read it.


Major Recommendations

Fabozzi, Frank J., Franco Modigliani and Frank J. Jones, Foundations of Financial Markets and Institutions, 4th ed., Prentice Hall, 2010.

Shiller, Robert J. Finance and the Good Society, Princeton: Princeton University Press, 2012.



Secondary Recommendations


Bagehot, Walter, Lombard Street: A Description of the Money Market, New York: Scribner, Armstrong & Co, 1873.



Carnegie, Andrew, The Gospel of Wealth and Other Timely Essays, New York: The Century Company, 1901.



Dimson, Elroy, Paul Marsh and Mike Staunton, Triumph of the Optimists: 101 Years of Global Investment ReturnsPrinceton NJ: Princeton University Press, 2002



Fama, Eugene, “Market Efficiency, Long-Term Returns, and Behavioral Finance,” Journal of Financial EconomicsScience Direct Article.




Gaastra, Femme S., The Dutch East India Company, Zutphen: Walberg Pers, 2003.



Gorton, Gary, Slapped by the Invisible Hand: The Panic of 2007, New York: Oxford University Press.



Shiller, Robert J. Irrational Exuberance. Princeton: Princeton University Press, 2^nd Edition 2005.



Siegel, Jeremy J. Stocks for the Long Run, 5^th edition, New York: McGraw-Hill, 2013.



Sumner, William Graham, What the Social Classes Owe Each Other, New York: Harper Brothers, 1883, Chapter III, “That It Is Not Wicked to Be Rich.”



Swensen, David, Pioneering Portfolio Management: An Unconventional Approach to Institutional Investment, New York: Free Press, 2009.



Unger, Peter, Living High and Letting Die: Our Illusion of Innocence, New York: Oxford University Press, 1996.

[jpetr48]

Re: Shiller on Financial Markets course

As long as we are on free courses, here is another educator Aswath Damodaran at the NYU Stern School of Business. His classes are more focused on valuation of assets.

He has offered two versions of his class. Those of us who can't sit down at a computer for 60-80 minutes and those of us who can. His abbreviated classes are around 15-20 minutes.

https://itunes.apple.com/us/course/id780803998


https://itunes.apple.com/us/course/id806212423

[ProdigyofZen]

Re: Shiller on Financial Markets course

As long as we are on free courses, here is another educator Aswath Damodaran at the NYU Stern School of Business. His classes are more focused on valuation of assets.

He has offered two versions of his class. Those of us who can't sit down at a computer for 60-80 minutes and those of us who can. His abbreviated classes are around 15-20 minutes.

https://itunes.apple.com/us/course/id780803998


https://itunes.apple.com/us/course/id806212423

Yea, I posted his information in the "stock selection" section of Finsters Comments. Damodaran is an expert (if anyone can be called that) on valuation. He is very popular at NYU.

Thank you for the link to his valuation class, I didnt know he had those. I have his book on valuation and will start that valuation class promptly.

[ProdigyofZen]

Re: Shiller on Financial Markets course

Actually I just listened to Shillers first 10 min introduction to the course.

I quote "The world is undergoing a massive change that started with Deng Xiaopeng in China and Yeltsin in Russia, that is of the devleopment of financial capitalism. Financial Capitalism is important, it is real, it is not bad and yes it has its ups and downs and has its crises but the crises which are managable if one understands Finance."

I guess I can't be shocked, he is paid by them.

[jpetr48]

Re: Shiller on Financial Markets course

Yea, I posted his information in the "stock selection" section of Finsters Comments. Damodaran is an expert (if anyone can be called that) on valuation. He is very popular at NYU.

Thank you for the link to his valuation class, I didnt know he had those. I have his book on valuation and will start that valuation class promptly.

i will too!
this ought to be required learning for undergraduate college and limited version for high school or else we continue to create a hoard of asset momentum hungry followers.