STOCKS • COURSE GUIDE • 4 TOPICS

Stocks: ownership, return drivers, and risk assessment.

Start with the meaning of a share, then compare common and preferred stock, stock categories, share classes, return drivers, corporate actions, IPOs, valuation risk, and a practical buying process.

COURSE TOPICS

Topics in this course

Understand stock ownership, return drivers, corporate actions, research decisions, valuation, position sizing, and review. The course separates the security itself from the story attached to its ticker.

19 MIN

Stock ownership: shares, classes, voting, and listing structure

Understand what a share represents, how common and preferred securities can differ, how share classes and voting rights work, and how listings, ADRs, and new issuance affect ownership.

What a stock is
Common stock and preferred stock
How investors classify stocks
Style and factor lenses describe what tends to drive the stock
+ 2 more sections

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23 MIN

How stock returns are created: price, dividends, dilution, and corporate actions

Decompose stock returns into business performance, valuation change, dividends, buybacks, dilution, splits, mergers, spin-offs, and other corporate actions.

How stock returns are created
A stock trades on expectations, not on the headline number alone
What moves a stock price
Decompose a stock return into business, valuation, and cash distributions
+ 4 more sections

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16 MIN

A stock decision process: research, valuation, sizing, and review

Move from a stock idea to a documented decision by defining the business thesis, evidence, valuation range, risks, position size, execution plan, and review triggers.