Oxford Ledge — markets, SEC filings, and free finance lessons. Saturday, October 10th.
A research platform for lifelong students and investors — delayed market data, SEC filings, and over four hundred free lessons.
LEDGE FACTProspect Theory (Kahneman & Tversky): people evaluate gains and losses relative to a reference point, not absolute wealth
Today's headlines
Isaias Leaves Thousands Without Power After Striking Gulf Coast
Kaguya reaches LNG bunkering milestone
Start with a lesson
No account needed — the lessons are free. Begin with how the market actually works, in plain English, a few minutes at a time.
On this date
2005: Refco implodes
Today's reading
Exchange Rate Regimes and the Impossible Trinity.
From the reading list — Book
William N. Thorndike: “The Outsiders”
Markets
S&P 500 — up 0.60% on the day.
What’s new
- Ticker pages show measures, not ratingsAnalyst rating labels are gone. A price target appears only with its source and the date we fetched it, and no upside percentage is shown.
- Ticker financials now name the period they coverTTM sums the last four quarters or names the fiscal year shown. P/E states its basis, forward P/E names its year, negative net cash reads as Net Debt, banks get no leverage label.
- The price chart draws the period you pickPick 5D, 1M or 1Y and the chart shows exactly that window. The 13F holder-change line now starts from a quarter with comparable coverage, not a thinly filed one.