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A knowledge base takes time to build.

Guess if you major in Finance or Economics at school, the best practice is to follow markets everyday. Watch CNBC, BNN, read WSJ, bloomberg, report on business section of GM. If you can devote 2 hours a day, 7 days a week, then 6 months later you will find yourself in a brand new stage in the financial world.

If not major in Fin or Eco, following markets can be painstaking, but upside reward is exciting. A disciplined approach is key. At the beginning, the commentaries you hear on CNBC or BNN may be bla bla bla, (that's what I had years ago), but as long as you persist, after 6 months you will be able to understand some part. 1 year later, you can understand most of it. 2 years later you can make your own judgment and choose your camp on controversial issues and/or debates.

Hope other people can provide good books to read.
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Replies, comments and Discussions:

  • 继续随想 by purelakewater(Lake)
    • Thanks Lake!
    • Classic! Anywhere we can get more of these systematic knowledge, in Chinese or English?
      • A knowledge base takes time to build.
        Guess if you major in Finance or Economics at school, the best practice is to follow markets everyday. Watch CNBC, BNN, read WSJ, bloomberg, report on business section of GM. If you can devote 2 hours a day, 7 days a week, then 6 months later you will find yourself in a brand new stage in the financial world.

        If not major in Fin or Eco, following markets can be painstaking, but upside reward is exciting. A disciplined approach is key. At the beginning, the commentaries you hear on CNBC or BNN may be bla bla bla, (that's what I had years ago), but as long as you persist, after 6 months you will be able to understand some part. 1 year later, you can understand most of it. 2 years later you can make your own judgment and choose your camp on controversial issues and/or debates.

        Hope other people can provide good books to read.
        • Can you suggest some blogs you think that is good if any?
          • I visit Yu Min Hong's blogs from time to time on Neworiental school's website. Don't follow any other particular bogs.
            The websites I visit everday: www.reportonbusiness.com, www.cnbc.com, www.bloomberg.com, www.wsj.com, business.sohu.com, www.ftchinese.com
            Anyone would like to share as well? Thanks.
            • Most blogs I visited are limited to my fields and music, but I run across one days ago that you might want to take a look. I like it very much...
            • Thanks, man!
      • For basic stuffs: investopedia.com; for staying current and advanced: WSJ & The Economist.
    • MSSD,和国内那些流洋金融人士一样,给美国资本主义洗脑了是肯定的。