Derivatives | Marketplace Whiteboard
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- เผยแพร่เมื่อ 14 พ.ค. 2024
- Credit default swaps? They're complicated and scary! The receipt you get when you pre-order your Thanksgiving turkey? Not so much. But they have a lot in common - they're both derivatives. Paddy Hirsch explains. #MarketplaceAPM #Whiteboard #EconomicExplainers
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The smartest people explain things in the simplest terms.
John Childs ...yes, he is very good....I say this as someone with post graduate degrees in this stuff, and I really enjoyed his explanations!
I wouldn’t say the ‘smartest people.’ I would say one who truly understands something can explain it in simple terms.
ooOOOhhh, I get it!
@@onenationunderduress8994 Or ones that are simply good at educating.
Monetized contracts
You're arguably the only person on TH-cam who doesn't waste even a nanosecond to advertise his channel and gets right into the incredibly worthy content. I LOVE your videos! Thank you so very much ♥️
Antares 555 FYI: Dr Berg is the same....
His videos are from the golden age of Youtubr. This stuff really wasn't common back then.
so true
If you like this you'll like Kai Rysdall and the Marketplace team every weekday
And sadly pays a price for that, once he made a presentation of his book at Google, asked the audience if they know the channel almost not a soul replied.
Somehow, internet favors the fake and the pretentious over the straight-to-the-point people.
I was looking for calculus, but...I think I'll start a drug empire now; thanks!
lmao nice one
I'm going for a Turkey empire myself. I'm going to RULE Thanks Giving!
MrOmniblast 😂😂😂
lmfao
Notice how 300 is mentioned and in the second example 20 "times" 15 is the same. How cool is that.
Great Down-to-Earth Examples nicely explained by someone who actually really looks like he wants to teach people. Best I came across! Keep it up and thanks a lot.
totally agree....this guy is a great teacher
So true! You know Ray Diallo (?) and Steve Ackman are pretty good too.
You have always been able to explain things succinctly and hold my interest. I've been enjoying this entire series.
+Marketplace APM What's great about your explanations is that you don't rely on jargon. Most other tutorials will reference concepts as if you already know what they are. This is great for newbies. Thanks for this!
great explanation. So basically the counter party risk regarding derivatives are that underlying assets can be worth a lot less at a later date.
That's not counter party risk. If somehow when the time comes and the seller of the future/forward cannot deliver the product, that is counter party risk.
I have listened to about five different lecturers without understanding what derivative is but this is the one that has been explained smartly.
Thank you for making this video. I totally truly have a better understanding on how derivatives work now. Nicely done!.
Even 10 years later I learned more economics from watching a few of these videos than all of my years in high school.
Love it! That's the best explanation I've heard about derivatives in ages. There was an old saying "no one born before 1970's understands what derivatives are..".
This was seriously such a great video! I went from understanding little to nothing about derivatives to knowing the concept like the back of my hand! Thank you so much, you made quite a lot easier for me in terms of school. I'm definitely subbed!
I’ve been in the financial services industry for almost a decade and I love how this man explains otherwise very complex instruments and concepts. I listen to it so that I can keep that concept in mind when explaining these concepts to clients. Great channel!
Luke Daly We’re everywhere! Lol
Sir , you are a champion . The world needs teachers like you . Kudos to the videos !!
I love it when he tosses the maker. beautifully well explained. #dropthemic.
I've watched many videos and this is the best explanation yet. Very well done. You're appreciated and keep it up
Excellent explanation! This is the first time I have seen this derivative problem explained in such detail. Thank you.
I am only 13 and I understood everything in your video! You are amazing at explaining economics!
i was reeling badly and needing a drink trying to understand wall street until i stumbled upon this legend, thank you good sir!
I enjoyed the story about Bruce Kovner reading "The history of Interest Rates" to get started. He was driving a cab in the seventies, borrowed three thousand on his card to get started. His shock at making forty thousand in two days, and losing thirty thousand on fruit commodities the third day.
This is the best explanation I have ever come across. Well done
Chli
WOW!!! Thank you so much for explaining that in a simplified way that's easy to understand
You are literally the best finance professor i have ever listened to. I don't think i have ever told an individual this... Your diagrams are amazingly clear and i like how you use a diagram to explain the whole concept. You really know what your talking about and i can't say i was bored listening to this video one bit.
Thanks for the great video! also i was wondering if it is possible if you could make a video on algorithms ?
Really enjoying these white board lessons. Thank you for sharing!
Watching this is refreshing in 2023. Amazing stuff
Will always think of turkeys now when I think of derivatives. Thanks for the simple and fantastic explanation!
I love how you get right into the incredibly amazing content. Your videos are amazing! Thank you very much
Amazing. Real Good Simple Example. A BIG THUMB’s up. Wondering (wishing) if you have videos on financial markets / Trade Life cycle e.t.c
These are some of the best explanations I have ever heard
Very well explained through great examples, so that even a novice or beginner with no knowledge of financial jargons can understand ! I believe this is only possible, when one has extensive knowledge about his subject !
I watched seven minutes before realizing this isn't about math derivatives...
This is the same concept of a derivative. It's the change of the underlying asset over time.
No F’(x) here.
I am Sincerely grateful for your teaching methods.... Thank you!
Amazing clarity and great ability to impart knowledge. Superb delivery . Thanks
Well explained and a very simple example to understand. Couldn't believe this is a decade old video.
This is so greatly explained! Your page has become my go-to as I’m trying to understand these terms. Thank you!
Me too
after looking at other videos, this really helped me alot. Thanks!!!
Your Confidence and communication are awesome, Paddy
Thanks for wonderful presentation..Can you please make vedio on types of swaps...ie. interest rate swap, currency swap, commodity swap and equity Index swap...
This was really easy to understand. Thank you for simplifying it so much!
Thank you for your information with beautiful explanation about derivatives.keep continue the same.thanks a lot. i enjoyed
Well explained thanks for showcasing your great teaching concepts
Fantastic explanation. Clear, succinct, and enjoyable! Thanks.
Appreciation from Canada for your easy to understand video. Thumbs up .
THANK YOU SO MUCH FOR THIS VIDEO. It really help me under this. Now I can explain it to others if they ask me.
This was great, thanks for explain this sort of vague concept in a way I fully understand now
This is how you teach- simple and applicable. Thanks for the video.
Superb explanation just under 11 minutes which need whole day to learn in class.
Really well done and expertly narrated.
Thanks so much. I wish ppl like you success in TH-cam
I read two books about this, and it seemed so complicated to me. You made it easy .Thanks for the explanation
I will have to watch this a couple of times. When I am not settled with an evenings beer!
I am proud of you. You help me understand how derivatives work. Thank you!
Brilliant teacher, super choices of examples and injection of some humour.
Simple and brilliantly explained! Thanks!
To the point and well explained. Thank you Sir!!!
thank you very much. you made it simple and interesting yet thorough
Great explanation as usual. Please come back!
Very Very good explanation of the term Derivative. Thank you.
Great analogy and very clear intro to derivatives!
finally found a true comment, instead of attention seeking dandies, in a vain effort of trying to spark off wit and sarcasm .
Wow 😳 what a great and amazing person you are at what you do. Explanation on point!
This was very helpful and simple! Loved it!
@Ben Dreis Derivatives are supposed to give people a way to hedge against fluctuations of prices. For eg; the turkey may cost less than $15 in the future, and the forward contract they agreed upon would benefit the farmer, while Terry secures the turkeys for thanksgiving. Of course, using an options contract in this case would benefit Terry more, since he may choose not to accept the delivery of the turkey in the future if supply is plentiful and prices of turkey in the markets are below $15; in which case he forfeits the $50 he paid for the option and purchase the turkey from the market instead. Although useful as a tool for risk management, it can be used for speculation as well. Why the need for complication? Such contracts exists since the birth of capitalism, and many businesses are able to benefit from it. For example, if you run a restaurant, you would usually place orders for your inventory in advance at a slated price. This is similar to a forward contract. The only difference is that people discovered they can strike gold by gambling with these contracts.
Binge watching these wonderful videos. Paddy Hirsch and chill.
Great explanation man! just love t. After seeing this presentation I subscribe to the channel. Good Job!
Very simple and smooth !! keep them coming please
thanks alot, you are amazing at explaining something that everyone else makes so complicated.
Excellent presentation
Very good and simple explanation!
Thanks bod...
Thank you for a good clip, sir :) Very pedagogic and easy to follow!
very easy to understand and a clear example! thanks!!!
that's great teaching, I wish you kept with the videos
Thank you so much for the explanation really clear!!
I was looking for a wholesome description of what the derivatives market is, how it funcions, the scale and use of it, why it's several times larger than the combined net worth of the entire world, and why several people say it's extremely dangerous in it's current practice.
This video provided me with the first half of what i was looking for. I'm now going to look through the other uploads of this channel to see if i find the rest, or anything else interresting. If anyone got a link, plz share
Thank you for your wonderful presentation
Great video 😊 finally understand futures, thank you
Nicely explained.Thank you!
Who cares about student fees,you can learn anything for free.
Thanks
The web, YT should technically make college obsolete.
@Pet C It doesn't exactly make college obsolete if you are looking for a job, but it does greatly help if you are self-employed or running a business, increasing your knowledge!!
@Pat C Actually, if you bust your ass you can do an external PhD by just handing in an original dissertation. Professors have the ability to grant PhDs to people who have no previous degrees if they prove themselves competent enough on an "exception basis" (exception because nobody does this).
@@ptnibin123456 It does if you work on a portfolio of projects. No need for college. And I say that as a Mathematician.
University is nice if you want structure and to be spoon-fed, but not at US prices.
UK is borderline, getting shittier by the year (in terms of quality and in terms of the tuition hike that happened about a decade back). Germany is nice to leech in term of value and they'll happily bend over and subvention you with their insane taxes. US college is borderline fraud, I wouldn't even consider it. US universities I don't know, but the prices are still ludicrous.
Thank you. Clear and concise
was expecting a calculus explanation. I'm still happy I clicked
Great lecture...thanx.i now understand the concepts...
He , Mr Hirsch , knows his trade and has the charisma of transmitting his knowledge to his auditor.
The explanation is so clear, I even had an “aha” moment. Thank you very much
Brilliant, Absolutely Perfect, Great Explanation...
Thanks for the simple explanation!
Very well explained sir, thank you
great video. good and clear! wish they all were as clearly explained
Great clear explanation as usual
Excellent - very well explained!!
U r a great teacher! thanks for ur help.
It was a great intro for financial illiterate like me. Thanks so much.
Great explanation!! You're truly brilliant!
Absolutely brilliant. Thanks man.
Awesome explanation! Interested in Personal Finance and investing. New to your channel!! Liked and subscribed!! 😎
I love how the innocent marker gets tossed about at the end of videos. Great exit strategy!
Great explanation, and very clear....
Very easy flowing , thanks for that
So well explained!! Thank you:)
Very useful information, easy to understand even for aomeone like me. Thank you
These videos are amazing, thank you!!!
you are a really talented teacher
Thank you. This was very helpful.