Stock Markets in Plain English - Common Craft - Our Product is Explanation. The numbers we see every business day can tell us important information about our economy, but where do they come from and what do they mean? Let's get started by talking about companies. There are two basic types. The first is called a private company. Ownership in these companies is private, which means it's not available to everyone. Our focus is on companies that offer ownership to everyone.
Let's say Zipper Corp is a successful company that has big plans. Now, Maya's share of the company has a value that typically changes each business day. For example, people who believe the button factory is a good move, may want to buy Zipper Corp shares because they think the value will increase. Each business day, shares change hands, depending on how people feel about the company's future value.
When you see news that a stock market rose, it generally means that across public companies, the value of shares went up more than they went down. Introducing: Common Craft Kindle Books | Common Craft - Explanations In Plain English. We're big fans of Amazon's Kindle. It makes reading easier and we're convinced it could become an iPod-like device in the future in terms of ubiquity. We've been working to make our videos into Kindle books so people have another way to learn, in Plain English. I previously wrote about the Kindle here and here.
The basic idea with the Kindle is that you can purchase and download books, magazines, newspapers and articles and have them delivered wirelessly to the Kindle. We see an opportunity for our content to be available just like any other book or article. So, we've found a way to make our videos into "Kindle Books" that can be purchased and downloaded to the Kindle.
We currently have 8 videos available as Kindle Books for $1.99 (Links go to the Amazon Kindle Store): Social Networking in Plain English. Common Craft Productions on blip.tv.