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Macro and Anti-Macro

9.9

(8 ratings)

·

3 Weeks

·

Cohort-based Course

How to think like an economist - and when not to - in order to become a better investor. A practical framework for understanding macro.

Hosted by

Vuk Vuković

Oxford PhD | Co-founder & CEO of Oraclum | Macro investor

Last chance to apply

7

days

8

hours

37

mins

Course overview


Who is this course for?

01

Beginner or intermediate investor with basic or little prior knowledge in econ who wants to know how to navigate the macro investment cycle

02

You're worried about inflation/recession and looking how to position and get practical macro knowledge to use while investing

03

Industry professional trying to understand macro impact on portfolio performance

Key outcomes

How to use macro in practice to improve your investment decisions

Knowing where to look in order to anticipate changing economic conditions, and how to position yourself for it.

Understand what happens to your portfolio when central banks raise rates

Or which currency to keep your money in. Or why does the yield curve invert.

How to avoid the traps in macro

Macro is mostly about correlations, not causality. You'll learn when to trust it and when it's better to avoid its pitfalls.

You'll use the same framework I use in understanding all things econ

This will teach you how to think like an economist, and how to know when to trust macro and when not to.

9.9

(8 ratings)

Rated 9.9/10

        This course was a fast and effective leap forward for me. In 2 weeks I went from knowing nothing about macro to fully understanding macro data and dynamics. On top of that, I was positively surprised about how I was able to put all the learning into work effortlessly. I didn't know it could be so easy and fun. Vuk is a great teacher!
Luca

Luca

e-commerce marketing veteran
        Even with a comprehensive knowledge of economics and markets, I've learned many practical ideas and concepts that will influence my decision-making for the rest of my life. Vuk's thorough understanding and concise and easy-to-understand explanations will make you learn more in these few lectures than in any economics class.
Max

Max

VC, blockchain
        My biggest takeaway from this course is how there are so many macro indicators that can help you better position on the market if you know where to look.  If you follow markets, but would like to understand them from a macro perspective then this is the right course for you. Vuk's knowledge and passion for this matter is bar none.
Armando

Armando

Bank relationship manager
        As a non-economist, I learned a lot about basic macro principles. More importantly, every theoretical principle was backed and illustrated with real-life practical examples making it much easier to understand. No one can teach you how to invest, but you can learn to recognize cycles we are in - this course enables you to do exactly that!
Zeljko

Zeljko

MD, hematologist

Who am I?

Vuk Vuković

Vuk Vuković

CEO of Oraclum

Academic...

• Oxford PhD, LSE Masters, Harvard, Berkeley

• 5-year university teaching experience

• Published in top journals, book coming out

• Expert member of parliament committee


...Practitioner

• Founded and running two companies: market research consultancy & boutique rating agency

• Predicting markets @OraclumIS (250% return y-o-y)

• Macro-based investor (lots of mistakes, lots of lessons)

A pattern of wavy dots
Join an upcoming cohort

Macro and Anti-Macro

Cohort 2

$990 USD

Dates

Dec 5 - 22, 2022

Application Deadline

Dec 4, 2022

Don't miss out! Applications close in 8 days

Course syllabus

01

Module 1: The basic macro model

Introducing the basic macro framework for understanding relationships between key variables; explaining the boom-bust cycle and outcomes of fiscal and monetary policy.

You will walk out with a plug-n-play framework for understanding what happens when the Fed raises rates, or when governments increase spending.

02

Module 2: International finance

CA deficits, savings and investments, fixed vs flexible exchange rates, Eurozone sovereign debt crisis, How Soros broke the Bank of England? Bringing it all together.

You will walk out with a plug-n-play framework for understanding exchange rate impacts, imports and exports, and international finance.

03

Module 3: The BS macro – everything that’s wrong with macro

Enter politics and the real world. Financial crisis 07-09. Macro gone wrong: debts and deficits, austerity, systemic instabilities.

You’ll get a good idea of when to trust macro and when not to trust it.

04

Module 4: More macro gone wrong

Inflation and hyperinflation explained. Monetary policy since 2008, QE (quantity theory of money, Fed balance sheets). Revisiting the boom-and-bust cycle.

You will walk out with an understanding of why macro models fail, what drives inflation, and the boom-and-bust cycle.

05

Module 5: Applying the knowledge

Applying the knowledge to financial markets. Understanding the dangers for your portfolio. Bond markets and the yield curve. Which indicators should I keep track of? Oraclum’s predictions.

You’ll walk out with a functioning knowledge of how macro impacts your portfolio and how to protect yourself from macro fluctuations.

06

Graduation day: your presentations

You will present an overview of an economy (of your choice) over the next 6 to 12 months.

Course schedule

4-6 hours per week
  • Five 2-hour modules over 3 weeks

    Medium intensity

    2h for content delivery & assignments.

    20-30mins for Q&A.

  • December 05th to 22nd 2022

    7pm to 9pm Central European Time

    Dec 05th - module 1

    Dec 08th - module 2

    Dec 12th - module 3

    Dec 15th - module 4

    Dec 19th - module 5

    Dec 22nd - graduation day and final presentations

    Every date the course starts at 7pm CET (1pm EST) and ends at 9pm CET (3pm EST)

  • Video only option?

    Don't have time for the live cohort? No problem, you can log in to watch the videos at half price.

    See FAQ below to contact the instructor for more info.

A pattern of wavy dots
Join an upcoming cohort

Macro and Anti-Macro

Cohort 2

$990 USD

Dates

Dec 5 - 22, 2022

Application Deadline

Dec 4, 2022

Don't miss out! Applications close in 8 days

Learning is better with cohorts

Learning is better with cohorts

Active, not passive

This course focuses on live workshops and hands-on projects

Learn with a cohort of peers

You’ll be learning in public through breakout rooms and an engaged community

Learn with a cohort of peers

Surround yourself with like-minded people who want to grow alongside you

Frequently Asked Questions

Are there any prerequisites for this course? Like do I need an econ degree for this?
How do I know this is for me?
Who is the course NOT for?
What outcomes can I expect to walk away with?
What happens if I can’t make a live session?
I work full-time, what is the expected time commitment?
Can I contact the instructor for more info?
A pattern of wavy dots
Join an upcoming cohort

Macro and Anti-Macro

Cohort 2

$990 USD

Dates

Dec 5 - 22, 2022

Application Deadline

Dec 4, 2022

Don't miss out! Applications close in 8 days

Stay in the loop

Sign up to be the first to know about course updates.

$990 USD

9.9

(8)

·

3 Weeks