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After reading the article http://www.theguardian.com/books/shortcuts/2014/aug/01/business-adventures-bill-gates-favourite-book-back-bestseller-list, i was interested in the book Business Adventures: Twelve Classic Tales from the World of Wall Street

I am a software programmer who has no knowledge in economics. I tried to read the first chapter keeps talking about points going up and down which i have no idea about.

What are the prerequisites required to read the book Business Adventures: Twelve Classic Tales from the World of Wall Street.

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If it's talking about a stock market index like the DJIA, then "point" is just a way of referring to the units of the index number. If it's talking about individual stocks, I think "point" has sometimes been used to movements in price, with 1 point = 1 dollar. For fixed income yields, "basis point" is often used to refer to 1/100 of a percentage point. –  nominally rigid Jan 5 at 17:32

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