Finance and Investing, taught
by interactive simulation and games.
Starter — The Foundations
First principles. The vocabulary that everything else inherits. Begin here whether you are a student, a curious professional, or a refresher.
Learn the Basics of Probability
Simulation — drag, flip, roll. Coins → cards → Bayes → Monty Hall.
Time Value of Money
A dollar today versus a dollar tomorrow — twelve chapters from instinct to mathematics.
Discounted Cash Flow
Three-stage DCF valuation. Tune growth, margins, WACC. See where terminal value hides.
Portfolio Basics
Asset allocation, diversification, correlation, rebalancing. The mechanics of holding many things at once.
Advanced — The Practitioner
Deeper machinery: credit, risk, derivatives, factor models. Built for analysts, risk managers, and serious self-learners who want to feel the gears turn.
Expected Credit Loss
IFRS 9 ECL from first principles to full granularity — PD, LGD, EAD, staging, macro overlay, Vasicek.
Value at Risk
Historical, parametric, Monte Carlo VaR. Component VaR, backtesting, and the loss distribution made visible.
Bonds & Duration
Bond pricing, duration, convexity, yield-curve shifts. Why long bonds get hammered when rates move.
Options & Payoffs
Black-Scholes, the Greeks, payoff diagrams. Build spreads, straddles, and collars by hand.
Efficient Frontier
Markowitz mean-variance optimization. Draw two assets, set correlations, watch the frontier curve emerge.
Factor Models
CAPM, Fama-French, Carhart. Watch alpha shrink as factors get added. Build your own factor.