Finance & Fury Podcast

Welcome to Finance and Fury Series on Share markets as complex systems – a different way of thinking about them – This episode, discuss some basics of shares and introduce complexity theory – Nonlinear, Emergence, Spontaneous order, Adaption, Feedback loops Shares - What are they? Ownership in a company – private or public company – shares are the legal title to your ownership in a company As an owner of a company – you entitled to profits – that is what dividends are – decided by boards of public companies You also get price gains or losses based around how much people want the shares – Linked to performance but also irrational exuberance – future expectations Share market – is the collective representation of all the companies listed on an exchange ASX – Publicly available companies to purchase -   Share Markets are Complex Systems  I Used to break shares down to supply and demand – the equilibrium models – does work as an educational example (what and how) Failure in explanation of why –