GAFM GLOBAL ACADEMY OF FINANCE AND MANAGEMENT  ®

·  Bio: Philip Fisher was a pioneering stock picker and author of "Common Stocks and Uncommon Profits." He advocated a long-term, qualitative approach to investing, focusing on understanding a company's management and competitive advantage.

9.  John Bogle  

·  Bio: John Bogle, known as the "father of index investing," founded Vanguard Group and introduced the first index mutual fund. He promoted low-cost, passive investing and helped millions of investors achieve market returns with minimal fees.

10.  Carl Icahn  

·  Bio: Carl Icahn is a billionaire investor and activist shareholder known for taking significant stakes in companies and pushing for changes to enhance shareholder value. He has a history of successful corporate restructurings and investments in various industries.

Understanding Leveraged Products, Derivatives, and Options

Introduction

In the world of finance and investing, understanding complex instruments such as leveraged products, derivatives, and options is essential. These financial tools are employed by investors and institutions to manage risk, enhance returns, and speculate on market movements. This essay explores the fundamentals of how leveraged products, derivatives, and options work, shedding light on their mechanics and applications.

I. Leveraged Products