Lesson 4: What is the stock market and how does it work? 

Every day millions of shares, or equities, are traded on the world’s stock markets,

But how does the market decide what the shares are worth? How do we know if it's the right price? And is is it possible to spot shares that are 'mis-priced'?

Watch the previous lesson: How predictable are the markets? 

Watch the next lesson: Does timing the market work?