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by VLM
2398 days ago
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Hilariously, I think most Gen-Xers learned from playing Railroad Tycoon computer game where the detailed score sheet is the three sheet financials. For a short period of time in the late 80s there were plenty of 12 year olds who understood quite a bit about financial statements and what they imply about how a game/business is being run. I don't know the modern equivalent that motivates a game player to learn to read financials. Obviously you can/could/do play RRT "just one more turn" all night long until 4am every day just like the Civilization series of games, although actually learning how the numbers interact with each other and in-game behavior probably took one hour spread out over time. None of the concepts are terribly complicated once you memorize the definitions and important ratios. Honestly you could get a basic start at reading financials, if provided with experienced tutoring, in an hour of clock time while playing RRT. It was kinda ridiculous half a decade later in high school taking econ class and seeing the dry and boring way they tried to teach reading financials. You could replace an entire multi week unit of the class with perhaps three class periods of playing RRT. |
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