Glossary.
The vocabulary, defined plainly — with the book that teaches it.
5 financial terms written the way a CPA would explain them to a client — short, honest, and paired with the book that actually teaches the concept end-to-end.
Investing
Compound interest
Interest earned on both the original principal and on previously accumulated interest. The mechanism by which $1 inve…
Dollar-cost averaging (DCA)
Investing a fixed dollar amount at regular intervals (e.g., $500 monthly) regardless of share price. The discipline r…
Margin of safety
The discount between what an investment is worth and the price you pay for it — buying at a price meaningfully below…
Value investing
The investment philosophy of buying assets for meaningfully less than their conservatively-estimated intrinsic value,…
Three more rooms in the library.
The vocabulary lives here. The questions, the lines worth memorizing, and the deeper reading live next door.