Lecture 1 (14). Chapter 2: What Is an Investment Fund, and Why It's the Natural Next Step?
This lecture is introduction to the chapter 2 of the course
Thandiwe Mbeki
Chapter 1 taught you to evaluate individual companies one at a time: real skills, worth keeping. This chapter shifts the unit of work: instead of picking single shares, you're picking a professionally managed basket of them in one purchase.
What a Fund Actually Is?
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