Chapter 113: Interest Rates and Bonds (1)
January 1994.
Final exams were over, and with the holidays just around the corner, the students were practically buzzing with excitement.
“Alright, let’s begin today’s lesson.”
—Bang bang.
I tapped the whiteboard with a stick. This was the stock club—one of the clubs I had personally founded.
But it was quite different from other clubs. Members weren’t chosen based on how close they were to me, but on their intelligence and drive. Though called the “stock club,” it was more of an economics club in practice.
‘Well, that’s natural, since I’m raising direct subordinates.’
If I wanted to use them the moment they became adults, they needed to have a working knowledge of economics and finance. Even from a cold, rational standpoint, it wasn’t strange.
Wall Street is full of investors who made a name for themselves before they even graduated college. It’s a matter of environment, motivation—and talent.
And everyone in this room had all three.
Interest rates and bonds.
That was today’s topic.
