Level 2: Intermediate (Weeks 13-24)

Level Overview

Level 2 takes the foundation you built and expands it significantly. You will move beyond basic buy-and-hold investing into active strategies, deeper analysis, and multi-asset portfolio construction. This is where you start thinking like a serious investor.

What You Will Learn

Weeks 13-16: Active Strategies

• Long and short trading -- making money when prices fall
• Pair trading -- exploiting relative value between correlated stocks
• Multi-asset allocation beyond stocks and bonds
• Sector rotation based on economic cycles

• Performance metrics -- measuring portfolio quality beyond raw returns
• How interest rates affect every asset class
• Corporate finance -- what makes companies tick
• Earnings analysis and separating real profitability from accounting tricks

• Equity valuation -- P/E, P/B, DCF, and deciding if a stock is cheap or expensive
• Currency risk and international diversification
• Factor investing -- value, momentum, quality, and size
• Building a multi-strategy portfolio that works across environments

What You Will Be Able to Do After Level 2

• Evaluate whether a stock is overvalued or undervalued using multiple methods
• Construct a portfolio that spans multiple asset classes and geographies
• Measure your portfolio performance using professional metrics like Sharpe ratio
• Understand how interest rate changes affect your holdings
• Combine multiple investment strategies for diversification of approach

Weekly Lessons