It’s strange that finance is not taught at school.
Finance is the basic knowledge necessity of modern capitalistic world.
I’ve seen countless educated people like doctors, lawyers, engineers even MBAs who are clueless in managing their finance. And I must say it’s not even their fault. It’s the school which failed them. We were forced to learn mindless algebra & geometry (Not at all practical in day to day life) but not a single concept on day to day finance.
Taxes, asset allocation, risk management, compounding, wealth creation, behavioural finance are the basic concepts which needs to be taught ‘mandatorily’ in school.
Since schools don’t teach, the market participants look for someone knowledgeable person to share their experience & learn. Hence the rise in seminars, webinars & Youtube videos on stock market. Which is absolutely normal owing to demand-supply gap.
Though even in this, the regulators are unhappy, bringing mindless over-regulations; only to hurt those who they are trying to protect.
Welcome to infinite loop where the finance knowledge seekers are robbed of quality knowledge & genuine knowledge providers are witch hunted. Every educator is watched with a doubtful eye.
Rant or blog, this is the truth I’ve wanted to speak since long.
