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The best way to understand concepts is try to post it here as if you are explaining it to someone. Then finally, pose the question to the members... did i understand the concept right? is there something else i need to know? by doing this, you are not only trying hard to understand the concept , but also when others reply, you will learn from others explanations.
Print the thread out and now you simply have to refer to that post if you ever have a doubt. Since your wrote the explanation in your own words, it will make sense to you immediately.
Check out this awesome article about Anderson on Poets Quants, http://poetsandquants.com/2015/01/02/uclas-anderson-school-morphs-into-a-friendly-tech-hub/ . Anderson is a great place! Sorry for the lack of updates recently. I...