Which skills do you need to have to invest? Do you need to be good with numbers? With algebra? with math?
One of the largest crypto exchanges in the world, FTX, and its hedgefund counterpart, Alameda Research, filed for bankruptcy. The CEO of Alameda Research claimed that only elementary school math is needed to make money in the markets. Warren Buffett $BRK.B tells us that we need only some simple math skills. How how much math do we need to know, actually?
We need to understand simple algebra, probability theory, and a few high school math. But what's more important is the way of thinking. When you are making an investment, you need to be able to apply the appropriate logic.
Watch the full video to learn more about math for investors:
https://www.youtube.com/watch?v=tCnFBtV0sVA
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