Demystifying FINANCE | Noorhan Abusamra: Producer - BusiNext Media

In this episode of The Dollar Daises podcast, Noorhan, a journalist at BusiNext Media, shares her journey into the world of business journalism. She explains that her interest in business and finance stemmed from a desire to understand and change the world. Initially unfamiliar with the complexities of the stock market, Noorhan's internship at Bloomberg opened her eyes to the interconnectedness of the global economy. She emphasizes the importance of simplifying financial concepts for younger generations and highlights the need for accessible and relatable information in the mainstream media.

Noorhan acknowledges the challenge of making finance information digestible for the general public. She believes that Legacy Media, such as Bloomberg and CNBC, cater to institutional investors and non-institutional investors, rather than retail investors like herself. While these media platforms play a crucial role in providing market-moving news, Noorhan suggests that there is a gap in delivering simplified financial information to the average person. She encourages individuals to take the initiative to learn about the stock market and advises starting with personal interests and stories of successful investors.

The conversation delves into the complexity of the stock market and the importance of understanding the context behind investment decisions. Noorhan emphasizes the need to read the story of a company before investing, considering factors such as its product, financial performance, and market trends. She also highlights the role of behavioral economics in stock market fluctuations, where emotions and irrational decisions can impact market movements. Noorhan encourages individuals to have a drive to understand the stock market and to seek out resources that simplify complex financial concepts.

👉 Principles For Dealing With The Changing World Order: Why Nations Succeed And Fail - Ray Dalio: https://amzn.to/4ch57nH

Meet the Team:

• Abubakr Sajith: Host, editor, and producer with a background in finance, IT, and entrepreneurship.
• Aditya Poddar: Editor and producer with a business background and a love-hate relationship with his 9-5.
• Guhaesh Subramanian: Host and producer, currently pursuing his master's in Australia and loves networking.
• Liz Ann D'Souza: Host and producer with a film background and content creation vibe.
• Gazala Parkar: Host and producer, PR pro working with top brands.
• Eiman Ansari: Host and producer with a background in cybersecurity.

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Timestamps:00:00 - Trailer

01:00 - Journey to business journalism

07:33 - Why are most not interested in finance?

09:30 - Why should people learn about finance?

10:20 - 2008 crisis as a starting point

11:17 - Why is finance news inaccessible?

13:45 - Exchange Traded Funds (ETFs)

15:59 - Using Reddit for finance

16:31 - Role of legacy/mainstream media

19:19 - Role of journalists

20:55 - The anti-journalism view

23:17 - Too lazy to learn?

27:13 - The stock market

29:14 - Where do I start?

32:00 - Reading the story behind the numbers

33:12 - Present value of future cash flows

34:34 - Learning from the best

35:50 - Nancy Pelosi

36:43 - Jim Cramer

37:39 - Ray Dalio

40:10 - Bernie Madoff

41:04 - Complexities