Sahmino Academy
A step-by-step path through Iran’s financial markets, from the basics to advanced. Educational and neutral.
Level 1
Basic
Core concepts to start from zero, with no prerequisites.
Money, Inflation, and Purchasing Power
8 min readWith videoWhat Is an Asset? A Map of an Iranian Household's Assets
8 min readWith videoWhat Is Bank Deposit Interest? Nominal, Effective, and Real Returns Explained
7 min readWith videoHow Markets Discover Prices
8 min readWith videoTehran Stock Exchange 101: What Are Shares, Tickers, and the Overall Index?
7 min readWith videoSejam and the Trading Code: A Step by Step Guide to Opening a Brokerage Account in Iran
8 min readWith videoGold in Iran: 18 Karat, Melted Gold, and Coin Types
7 min readWith videoWhat Is the Coin Premium (Hobab) and How Is It Calculated?
8 min readWith videoIran's Multiple Exchange Rates: Why Is There More Than One Dollar Price?
10 min readWith videoCrypto from Scratch: What Bitcoin Is, What Tether Is, and Why Tether Became Iran's Digital Dollar
10 min readWith videoWhat Is an Investment Fund? Fixed-Income, Equity, Balanced, Gold Funds and ETFs Explained
9 min readWith videoRisk and Return: How Are They Related, and Which Risks Threaten a Household's Savings?
9 min readWith videoWhat Is Diversification? Why You Should Not Put All Your Eggs in One Basket
8 min readWith videoWhat Is Liquidity, and Why Selling a House Differs From Selling Gold
8 min readWith videoHousing as an Asset: How Price per Square Meter, Deposit and Rent, and Transaction Costs Work
8 min readWith video- Coming soon
A Map of Global Markets
- Coming soon
The Global Gold Ounce & Iranian Gold
- Coming soon
Oil Benchmarks: Brent, WTI & the OPEC Basket
Level 2
Intermediate
A step further: practical market tools and ideas.
TEDPIX vs the Equal-Weight Index: What Sets Them Apart and Why They Diverge
9 min readWith videoEarnings Per Share (EPS) and Price-to-Earnings (P/E): What They Are and How to Read Them
8 min readWith video- Coming soon
Intro to Fundamental Analysis
- Coming soon
Intro to Technical Analysis
- Coming soon
IPOs on TSE
- Coming soon
Fixed Income & T-Bills
- Coming soon
Drivers of the Dollar
- Coming soon
Pricing Iranian Gold
- Coming soon
Coin & FX Auctions
- Coming soon
Gold Funds
- Coming soon
Measuring Inflation
- Coming soon
Money Supply
- Coming soon
Cars as Quasi-Assets
- Coming soon
Crypto Custody & Risks
- Coming soon
Fees & Taxes
- Coming soon
The US Dollar Index (DXY)
- Coming soon
How a Fed Decision Reaches the Toman
- Coming soon
Iraq's Dollar Auction & Tehran's FX Market
- Coming soon
The UAE Dirham: Trade Gateway & Hawala
- Coming soon
The Turkish Lira: a Neighbor's Economy
- Coming soon
Global & Regional Equity Indices
- Coming soon
China's Yuan & Iran's Oil
Level 3
Advanced
Deeper topics for a full grasp of how the markets work.
- Coming soon
Equity Valuation
- Coming soon
Export vs Domestic Stocks
- Coming soon
Futures & Options
- Coming soon
IME Deep-Dive
- Coming soon
Central Bank Policy
- Coming soon
Budget & Markets
- Coming soon
Sanctions Mechanics
- Coming soon
Housing Cycles
- Coming soon
Steel & Materials Chain
- Coming soon
Intermarket Analysis
- Coming soon
Portfolio Risk Management
- Coming soon
Global Macro & Iran
- Coming soon
OPEC+: How Decisions Are Made
- Coming soon
When the Ounce Falls but the Coin Rises
- Coming soon
Secondary Sanctions, OFAC & FATF
- Coming soon
Money Corridors: Hawala, Dirham & Tether
- Coming soon
The Neighborhood's Markets