A video series inspired by value investing’s most famous practitioner.
Videos, blog, and games
Sam Renick’s site devoted to teaching kids about money concepts. Includes articles, newsletter, and links to many resources.
Their tagline is “Money Skills for Life”. Videos appropriate at youngsters from elementary through high school.
A collection of resources from lesson plans, videos, and exercises covering K-12. The activities by grade are especially worth a look.
Hi-quality video lessons. Seems directed towards teachers and has a paywall but there’s a free trial
I’ve watched all the Khan Academy finance vids. It’s is a great source but probably out of reach for a middle schooler.
A weekly series about personal finance.
A game and activity-based financial education program for children 8 to 16 years. This site is one of my favorites for learning about value investing and mental models. The camp sounds awesome, just not sure if it will be in your area.
An organization that helps towns create local business fairs operated by kids. These fairs look like flea markets or science fairs. They are nationwide and you can even bring one to your town.
I would credit a lot of my reasoning about business and money from playing games. While actually investing is the ultimate game to learn from here are some of my recommendations to get kids and teens starting to think about investing.
As a trader trainee, our curriculum included lots of poker. There is no better controlled environment for learning to make decisions under uncertainty. Many fellow trainees had extensive Magic the Gathering backgrounds for similar reasons.
Point spreads and draft positions are valuable early lessons in market efficiency
Catan (Link)
Richer than Monopoly and less antagonistic. I’ve never met anyone who didn’t enjoy playing this game. Lessons in negotiation, market dynamics, odds, and planning.
Acquire (Link)
A cool intro to stocks using a real estate theme
Power Grid (Link)
A bit higher on the complexity scale. Auctions, networks, optimization, opportunity costs, replacement costs, and cutthroat market dynamics.
Friends, I saw this chart on LinkedIn and the call of mental math immediately lured…
Friends, I saw this chart on LinkedIn and the call of mental math immediately lured…
My recent post, Nah…you just ain’t seein’ the ball addresses the lazy confession you hear when professional…
One of the memorable ideas from Peter Thiel’s Zero To One is the 2×2 grid with quadrants…
Friends, One of the memorable ideas from Peter Thiel’s Zero To One is the 2x2 grid with…
When I hear someone mope “the market doesn’t care about fundamentals” I change the channel.…
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