– Capitalism, free markets, and its variationsthat look after its citizens, is and has been an engine of prosperityfor billions of people around the world. It may be the best system we have in the history of mankind, There are a lot of challenges out there some might seem possible but they’re not … and yet, the same system produces excesses where 85 peopleare now collectively worth more than 3.5 billion people.(thoughtful music) In this system of paradoxes,we have hedge fund managersmaking more than 4 billion dollars in one yearand bankers earning more in a minute than most people earn in an entire year. music music we’re going to do electrical stimulation today this particular program we’re… How can it be that in this fantastic systemof wealth creation, companies, small and largewith stellar track records suddenly,in a matter of days, become worthless. One answer is, money. Money. It creates excesses but it also presents a meansto solve some of the most wicked problems we confront.
That’s why we need to understand it. There’s more to money than earning and spending. There are simple truths that apply to us all,regardless of our financial backgroundor money connections. Surely, if we manage moneyor better yet, avoid mismanaging it,regardless of whether it appears in our personal,corporate, or public lives. We can protect our hard earned savings. The truth is we need a languageto understand the financial noise. We need to develop our financial toolkitto tackle these wicked problemsand we need to believethat our full participation in all things financialwill make a difference.
I’m Arshad Ahmad. I’ve had the privilege to teach in some of the topuniversities in North America, Europe, and Asia. And I now have a greater privilege,to teach you and share over 30 years ofmy expertise in finance and educational psychology. My goal is to simplify what has becomea complicated and illusive subject. Using thought provoking activitiesand the latest in digital learning,this specialization will enable youto think financially. Behind the numbers and the charts,are simple truths, that shape evidence-based financial decisions. And beyond the concepts and financial tool kits, I’m inviting you to please join me to make a difference,in not only your own financial prosperitybut also the communities that you serve.
This is Finance for Everyone.