Asset Classes¶
The instruments and conventions of each major market.
Difficulty intermediate
Reading order¶
- Equities — stocks, ETFs, ADRs, corporate actions
- Fixed Income — bonds, yield curve, duration, credit
- Foreign Exchange — pairs, carry, intervention regimes
- Commodities — energy, metals, agriculture, contango
- Crypto — spot, perps, on-chain, custody
- Real Estate — REITs, direct, NAV vs price
- Alternatives — private credit, infrastructure, art
What you should walk away with¶
- The trading conventions and quotation styles of each asset class.
- An understanding of the dominant risk factors per asset class.
- A view on where each fits in a multi-asset portfolio.