Session 4

Stocks

N.F. Katzke
09-10-2025

In this session we start discussing the four major investment promises that are made to convince holders of capital to part with it.

In this session we look at stocks (or company shares)

I also promised this image of the tyranny of fees - the accumulated pain of fees are real.

(bps here means basis points. For reference, 1% annual fee is 100bps).

Citation

For attribution, please cite this work as

Katzke (2025, Sept. 10). Financial Economics Course: Session 4. Retrieved from https://www.fecos.nfkatzke.com/posts/2020-08-17-session4/

BibTeX citation

@misc{katzke2025session,
  author = {Katzke, N.F.},
  title = {Financial Economics Course: Session 4},
  url = {https://www.fecos.nfkatzke.com/posts/2020-08-17-session4/},
  year = {2025}
}