INVESTMENT BANKS DESTROYED in this AWESOME Presentation - Part 1 of 5

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    Institute of Trading and Portfolio Management - University Tour 2013
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ความคิดเห็น • 178

  • @bigcock383
    @bigcock383 8 ปีที่แล้ว +322

    this guy starts right away with real stuff, no introductory words, just straight to the point!

    • @haruspex1-50
      @haruspex1-50 7 ปีที่แล้ว +14

      bigcock383 just the way i like it...no corny jokes just straight to the point.

    • @MixPv4
      @MixPv4 5 หลายเดือนก่อน

      He's highly successful, great at what he does, spreading a message which supports both moral compass and ego. And perhaps most importantly, slightly pissed!

    • @gmolinalemus
      @gmolinalemus 4 หลายเดือนก่อน

      S@@

  • @Sam_A_Sam
    @Sam_A_Sam 7 ปีที่แล้ว +157

    He looks like the guy from limitless...but when he doesn't have the pill. But seriously though, having retired at 27 he must of been putting in the hours.

    • @SRAphotog
      @SRAphotog 5 ปีที่แล้ว +14

      The amount of hours dont really matter, military a good week is 60 hours for us but were for the most part extremely fit and healthy. Just need to have healthy habits that dont take up any or much time.

    • @WallStreetPirate
      @WallStreetPirate 4 ปีที่แล้ว +2

      lucky him

    • @kongabonga9853
      @kongabonga9853 3 ปีที่แล้ว +5

      this guy starts right away with real stuff, no introductory words, just straight to the point!

    • @josephscott1870
      @josephscott1870 3 ปีที่แล้ว +16

      He was working in investment banking back in the day of million pound bonuses and probably grafted 90-100 hours per week. Unfortunately bonuses like that don't exist anymore

    • @mohamedarif4274
      @mohamedarif4274 2 ปีที่แล้ว

      @@SRAphotog 9& o.

  • @brickstunram9391
    @brickstunram9391 7 ปีที่แล้ว +211

    After speaking with a bunch of classmates within my business school at uni, a considerable portion of those who say they want to get into "investment banking" don't know what the function is and simply assume it's some prestigious, exceptionally well paying job. Hardly any of them have ever placed a trade, know what a hedge fund is, or can even tell you what a sell side/ buy side function is and the differences. This video needs to be watched by every student paying way to much money towards a business degree.

    • @InstituteofTrading
      @InstituteofTrading  7 ปีที่แล้ว +72

      Here Here ... pass it around. It will save many lives much wasted time in spending a decade figuring it out for themselves.

    • @guyhillary5898
      @guyhillary5898 6 ปีที่แล้ว +9

      This comment made my day

    • @ManPursueExcellence
      @ManPursueExcellence 5 ปีที่แล้ว +7

      Brickstun Ram
      Wow, as someone not in this industry (not yet), I’m surprised at the level of ignorance of your classmates, due to the fact that they are in school for business.

    • @katelala23
      @katelala23 5 ปีที่แล้ว +9

      lol you pretty much just described me.

    • @frother
      @frother 5 ปีที่แล้ว +7

      Do you think that investment bankers make trades? Lol

  • @tonyb1486
    @tonyb1486 7 ปีที่แล้ว +94

    this was the best motivational speech ever.

  • @sonykroket
    @sonykroket 6 ปีที่แล้ว +10

    This is one of the most important videos on TH-cam. Never stop, Anton!

  • @barryross5840
    @barryross5840 8 ปีที่แล้ว +26

    just on a view from an entirely different profession, this guy is for real. He's actually more than likley what the his industry needs. And I might add it's a very important industry

    • @franzjoseph8752
      @franzjoseph8752 5 ปีที่แล้ว

      Barry Ross
      Yeah this guy is a legend

  • @PhillLOL
    @PhillLOL 7 ปีที่แล้ว +11

    I wanted to learn more about trading so I clicked on a random video (with him). Then I found myself watching his BBC documentary. Now I'm hooked watching all his material. He's really good! If trading is for you you can see him as a mentor. I want to pick his brain.

  • @alexandonian1273
    @alexandonian1273 10 ปีที่แล้ว +2

    I can't get enough of this. Thank you for sharing!!

  • @davedogge2280
    @davedogge2280 3 ปีที่แล้ว +13

    Also if you reach your 40s and you're not in senior management whether it be in investment banking front office, middle or back either as a trader, IT or analysis, operations you tend to get pushed out. Even the IT staff get thrown out and can work for 45% of what they were earning out in the home counties somewhere (if they're lucky).

  • @hallamhope
    @hallamhope 8 ปีที่แล้ว +11

    Nice and simple communication. Excellent!

  • @Atombender
    @Atombender 5 ปีที่แล้ว +29

    Mixing water with Red Bull to stand through this ftw.

  • @leopardsbasketball
    @leopardsbasketball 4 ปีที่แล้ว +28

    I can't believe GS doesn't have a hit out on Anton at this point lmao

    • @uknasa007
      @uknasa007 2 ปีที่แล้ว

      whats GS?

    • @bowzar07
      @bowzar07 2 ปีที่แล้ว

      @@uknasa007 Goldman Sachs

  • @ashu7pathak
    @ashu7pathak 7 ปีที่แล้ว +14

    He looks like the guy on cover of Liars Poker, with his hairstyle and ofcourse the expensive suit ready to give you a handshake and pull you in the world of finance.

  • @simonclist6232
    @simonclist6232 7 ปีที่แล้ว +4

    I love the set image before you click on the video, very self explanatory 👍🏼

  • @HyperionLeaders
    @HyperionLeaders 8 ปีที่แล้ว +11

    Many people lose thousands of dollars without having heard Anton, if they had the opportunity to listen to Anton before, perhaps now would be millionaires. I am one of them and I'm not ashamed to say it. Even without having made any Anton program, I could understand it to be able to say that he is absolutely right. After losing 100,000 in the market, and become bankrupt, I can now understand each letter of his mouth. Thanks anyway Anton. Continue with your good work.

  • @Turbominchia2
    @Turbominchia2 10 ปีที่แล้ว +71

    I don't understand why he would "destroy" investment banks. He simply describes the inner workings and latest development of an industry sector, like it or not.
    As always, the title is very misleading.

  • @sonykroket
    @sonykroket 5 ปีที่แล้ว +6

    Anton looks like he just walked off the set of Miami Vice.....never stop, brotherman! Keep redpilling the planet!

  • @michaelduffy627
    @michaelduffy627 5 ปีที่แล้ว +133

    This guy retired at 28

    • @JT_experience96
      @JT_experience96 9 หลายเดือนก่อน +4

      You cannot compare your lifepath with others, there are millions of different factors that can change your situation, but mostly that is you.

  • @Alalpog
    @Alalpog 2 ปีที่แล้ว +3

    Can't believe we are getting these lectures for free.

  • @user-tz8pf4pd4q
    @user-tz8pf4pd4q 8 ปีที่แล้ว +21

    Does Anton still not use a smartphone? Is he considering another documentary of any sort?

  • @foyk1003
    @foyk1003 5 ปีที่แล้ว +10

    Just in case some people are still wondering why students are clamouring to the IBs, its not the security IB side, but rather the M&A IB side......thats why interest in IBs holds till today!! The trading and sales side is already archaic and outdated....don't fall into that money trap.

  • @tenderstembroccoli6265
    @tenderstembroccoli6265 7 ปีที่แล้ว +5

    Did no one clock 'does that sound sexy'? hahahaha his face in not serious

  • @tfscanlan
    @tfscanlan 10 ปีที่แล้ว +1

    Interesting composition of time spent market making vs prop trading. How do the figures you presented differ from the years when you were at the banks?

  • @CheapAquaman
    @CheapAquaman 10 ปีที่แล้ว +26

    Thanks for the videos! I have learned so much!

  • @Jingkrub
    @Jingkrub 8 ปีที่แล้ว +1

    Thank you for sharing this.

  • @zamandubey345
    @zamandubey345 7 ปีที่แล้ว +8

    Is anyone able to provide the slide deck in a PDF format? I find it difficult to view it on a computer screen. I would greatly appreciate it.

  • @ehsanmo1367
    @ehsanmo1367 10 ปีที่แล้ว +1

    Thanks for the sharing the crucial info.

  • @richashankar7732
    @richashankar7732 6 ปีที่แล้ว +15

    He reminds me of Snape!

  • @positiontrader8257
    @positiontrader8257 9 ปีที่แล้ว

    Thanks for uploading this

  • @s3v0
    @s3v0 10 ปีที่แล้ว +61

    i think he is a robot

    • @kevins6405
      @kevins6405 7 ปีที่แล้ว +23

      s3v0 If you can become a robot like him, you would be a successful trader

    • @prysrek8858
      @prysrek8858 3 ปีที่แล้ว

      robots are anyways superior to humans

    • @raphaelkassim1124
      @raphaelkassim1124 3 ปีที่แล้ว

      you mean stoic

    • @gneisenau7584
      @gneisenau7584 3 ปีที่แล้ว

      Humans create robots

  • @felixg4785
    @felixg4785 6 ปีที่แล้ว +14

    LOL this guy drinks red bull.

    • @sonykroket
      @sonykroket 5 ปีที่แล้ว +2

      And shits em out like red pills to spread truth.

  • @EduardoGavotti
    @EduardoGavotti 9 ปีที่แล้ว +7

    I can imagine the university staff present in the room, asking themselves "why... why have I not though of that before"
    Jokes aside, thank you for putting this online. It was a good presentation and it makes total sense. I'd like to ask the guys at the Institute of Trading, if I may, what has their "track record" been in terms of successful traders produced? Taking the "Million Dollar Traders" series, it seems the success rate is 3/8 (small sample though, I know).
    I'm interested. Thanks!

    • @weetan681
      @weetan681 9 ปีที่แล้ว

    • @dogestranding5047
      @dogestranding5047 8 ปีที่แล้ว +1

      +Eduardo Gavotti Traders who know how to manage risk, have a good strategy, etc, are unlikely to lose. The 80-95% of traders who lose are usually the ones with no plan, no strategy, they try to get rich too quickly so they risk too much, etc.

    • @InstituteofTrading
      @InstituteofTrading  8 ปีที่แล้ว +7

      +Eduardo Gavotti at any one time 60-65% of our traders accounts are up since inception. 20-25% are flat and 15-20% are down, but only ever down small. This is because we implement interventions on losing traders and guide them on where they are going wrong. Across the community downside is protected and upside is opened up. But you have to also remember there is an inherent flaw in your questioning. Imagine a scenario where you take your kid to schools and interview the teachers and schools and ask for example "How many A grade students did you produce last year?" lets say the answer is 60%. Thats obviously a pretty good school. However this does not mean that you as a pupil have a 60% chance of becoming an A grade student just for turning up. If you are just dumb you wont be in the 60%. But lets assume you are not dumb. If you dont do the work and apply yourself you wont be in the 60%. It works both ways. The success rates are also contingent on the types of students the school takes in. Waifs and Strays are not accepted at the Institute. We want smart people and attract smart people. Our success feeds off itself.

    • @EduardoGavotti
      @EduardoGavotti 8 ปีที่แล้ว +2

      I understand, and I thank you for taking the time to respond, but this is an old question. Fair enough, I hope it serves the purpose for anyone who might have the same question I had before I actually took the course ;)
      Anyway, perhaps I did not expressed myself well enough. What I wanted to know (back then) was simple statistics based on the 3/8 rate from the TV series, and not to question the institute's effectiveness.
      All the best,

    • @vitor62619
      @vitor62619 7 ปีที่แล้ว

      +Eduardo Gavotti where you from?

  • @sadas3190
    @sadas3190 2 ปีที่แล้ว +1

    Honestly I don't even care for what he says, his communication and presentation style is worth learning from alone.

  • @reddog5031
    @reddog5031 3 ปีที่แล้ว +1

    Which University teaches you to play Black Jack the best ?

  • @dogestranding5047
    @dogestranding5047 8 ปีที่แล้ว +6

    I'm definitely going to apply to a hedge fund, once I transfer colleges in a few years. One thing I know, is that you have to understand the culture and history of the fund. I've learned a lot about Bridgewater and Ray Dalio, so I'm going to keep working and learning about that fund, Dalio, and other things related to finance, economics, investing, and hedge funds in general.

  • @NotShowingOff
    @NotShowingOff 4 ปีที่แล้ว +10

    So the real job is determining the algorithms that investment banks use.

  • @Internationalfastfood
    @Internationalfastfood ปีที่แล้ว +2

    Just to think I wanted to switch from software engineering at JP to a trader. We always thought they were making the big money but turns out we’re making more then them actually double their salary with a better work life balance.

  • @elsadbinmuaz
    @elsadbinmuaz ปีที่แล้ว

    When Anton Stars Speaking, Every Professional Trader Just Shuttled Up !

  • @IMPERATOR540
    @IMPERATOR540 5 ปีที่แล้ว +1

    this is gold

  • @timxxx13
    @timxxx13 9 ปีที่แล้ว +6

    he is the trading god!

  • @dogestranding5047
    @dogestranding5047 8 ปีที่แล้ว +10

    Funny how all of those students wanted to apply to investment banks rather than hedge funds. Even before I watched it, I knew that hedge funds gave internships and that these hedge fund jobs seemed way better through my own research online.

    • @MrTynanDraper
      @MrTynanDraper 7 ปีที่แล้ว +7

      1 year later and hedge funds are getting very unpopular and under-performing indexes across the board. Onto the next thing!

  • @rohitroll2119
    @rohitroll2119 4 ปีที่แล้ว +3

    Any such videos for Future doctors (med students)?

  • @derrickhoe9886
    @derrickhoe9886 10 ปีที่แล้ว +3

    Thanks for the video, am based in Singapore , would there be an issue if i were to join the course ?

  • @singaporeghostclub
    @singaporeghostclub 4 ปีที่แล้ว +3

    Loki of Trading.

  • @ahmediszair8316
    @ahmediszair8316 5 ปีที่แล้ว +2

    What’s the difference for the client between the agency option and the risk option? surely either way they get the same amount of shares

    • @SRAphotog
      @SRAphotog 5 ปีที่แล้ว +1

      Investor A = 20,000 shares of his own money
      Investor B = 20,000 shares of borrowed money.
      Yes while they both have the same amount of shares , Investor B is using 10million dollars he doesn't have . Whatever investment bank is fronting the money, is getting extra money back because of the "loan" they are giving investor B

    • @ahmediszair8316
      @ahmediszair8316 5 ปีที่แล้ว

      Remember 1776 i thought B does have the 10m because the bank still sells the shares to B?

  • @hakayma7560
    @hakayma7560 2 ปีที่แล้ว +1

    a lot of stress and sublime communication

  • @RedondoBeach2
    @RedondoBeach2 2 ปีที่แล้ว

    In the introduction, he indicated he would tell the class what they need to be doing right now if they want their resume's to stand out. Why was that edited out? What did he say in that regard?

  • @no-rj2ez
    @no-rj2ez 5 ปีที่แล้ว +12

    if the university professor can't teach this to the students then what are they paying for and why did the professor get the job?

  • @shaurya92ful
    @shaurya92ful 9 ปีที่แล้ว +17

    Vince Vaughn?

  • @mikki7522
    @mikki7522 4 ปีที่แล้ว +9

    The only way to become a billionaire is to say "shedule"

  • @devils1
    @devils1 10 ปีที่แล้ว +2

    Anton, Is it just LSE that Goldman is hiring from or is it Cambridge aswell?

    • @bobbyfox7562
      @bobbyfox7562 8 ปีที่แล้ว +3

      They hire from a range of universities.

  • @papishampoo7892
    @papishampoo7892 3 ปีที่แล้ว +4

    looks like vince vaughn and christopher walken had a kid.

  • @deshonmiller5573
    @deshonmiller5573 3 ปีที่แล้ว +1

    This is Gold so Beautiful. It makes you wonder who gave him the green light? Yep just part of the game I guess 🤑

  • @snook179
    @snook179 10 ปีที่แล้ว +26

    My heart bleeds for these vampires.

  • @jakeh3236
    @jakeh3236 4 ปีที่แล้ว +5

    So a trader spends 90% of the time on the phone doing business development?

  • @hplovecraftmacncheese
    @hplovecraftmacncheese 4 ปีที่แล้ว +7

    He looks like a vampire in this one.

  • @nicolasfat
    @nicolasfat 9 ปีที่แล้ว +21

    he looks tired as fuck

    • @igoronline
      @igoronline 9 ปีที่แล้ว +2

      Withdrawal.

    • @reggaefan2700
      @reggaefan2700 9 ปีที่แล้ว

      That's the same dude who was on the show "Million Dollar Traders". He was a rat-faced snitch on the show. He'd go and talk bad to his boss about the traders he was put in charge to train..

    • @boxxer221
      @boxxer221 9 ปีที่แล้ว +21

      Reggae Fan He wasn't a snitch lol, they were acting like babies, I would've done the same.

    • @jaaa8787
      @jaaa8787 9 ปีที่แล้ว +2

      Nick V Of course. Do you think that people who work with investment banking and trading get much sleep? They don't.

    • @damnarse
      @damnarse 8 ปีที่แล้ว +1

      +Reggae Fan You're misguided. The point of the show was to train the traders and report their progress back to Lex, which is the same process for any company, department you're working in. In addition, Lex has a right to know because it's his money they're trading with. Do you work...in a real company, in the real world before?

  • @BhagyanagarRE
    @BhagyanagarRE 6 ปีที่แล้ว +1

    The " no nonsense guy "

  • @devinpierson3688
    @devinpierson3688 6 ปีที่แล้ว +1

    an awesome, humble guy! no self aggrandizement

  • @catchagrip1322
    @catchagrip1322 4 ปีที่แล้ว +3

    This guys came up with some great ideas to get shot of scum bags from the trading game, scum bags that could get the likes of CFD's to be closed down altogether within EU and the UK.
    This guy is a legend, showing you the inner workings and structure.. He's also got a mentoring company running for anyone interested in retail trading. Lots of the guys worked for Goldman, so they're teaching retail traders how the pro's do it compared with just the normal trader that follow 100/200MA, trends etc.
    I've been following Anton for about month now, he's clearly not spotted me yet or i'd be arrested.. lol
    All jokes aside, just the little pieces he's put on the plate has helped me put together a better strategy.
    Out of the last 5 trades 4 came home ; }

    • @smalltugz
      @smalltugz 3 ปีที่แล้ว

      what do you focus more on fundamental or technical analysis

    • @EverDayBest
      @EverDayBest 2 ปีที่แล้ว

      n=5 😂😂😂

  • @prisoneroftech2237
    @prisoneroftech2237 6 ปีที่แล้ว +5

    All of this applies also to 'non-investment' type roles in the corporate world. The corporate world in the loglng run will suck the life out of you.

  • @JUSSTTIINFU3K
    @JUSSTTIINFU3K 6 ปีที่แล้ว +1

    Can anyone tell me what kind of students he is lecturing to? Economics ?

  • @scottstorchfan
    @scottstorchfan 5 ปีที่แล้ว

    Fucking love the way he talk!

  • @MrRaikorish
    @MrRaikorish 10 ปีที่แล้ว +1

    joining the course soon

    • @InstituteofTrading
      @InstituteofTrading  10 ปีที่แล้ว +1

      will be glad to have you on board! you will learn a hell of a lot...

  • @BlackwaveFX
    @BlackwaveFX 9 ปีที่แล้ว

    useful

  • @lukem6667
    @lukem6667 10 ปีที่แล้ว +2

    Can I get a copy of this PowerPoint.

    • @InstituteofTrading
      @InstituteofTrading  7 ปีที่แล้ว +3

      check the description. however not in PP format. For obvious reasons.

  • @Zeezazz
    @Zeezazz 6 ปีที่แล้ว +3

    So investment banks are shit and retail trading is shit so what sell insurance then?

  • @CrazyVideoish
    @CrazyVideoish 6 ปีที่แล้ว +3

    What does he got from this, there most be a catch....

  • @HowardSiow01
    @HowardSiow01 10 ปีที่แล้ว +2

    Just curious, how long ago was he working at GS?

    • @rehmsmeyer
      @rehmsmeyer 10 ปีที่แล้ว

      I think it was early 2000s.

    • @InstituteofTrading
      @InstituteofTrading  10 ปีที่แล้ว +4

      www.linkedin.com/pub/anton-kreil/b/390/994

  • @lisemariecaron7498
    @lisemariecaron7498 5 ปีที่แล้ว +4

    Anton is too intelligent for us

  • @rodikyriakou6044
    @rodikyriakou6044 7 ปีที่แล้ว +1

    👍

  • @TheCallofdeath123
    @TheCallofdeath123 7 ปีที่แล้ว

    Could you come to my school?

  • @shawnmcaraphy5973
    @shawnmcaraphy5973 6 ปีที่แล้ว +1

    Insiders network with other insiders and make money before you blink.

  • @decol2649
    @decol2649 9 ปีที่แล้ว +12

    Dear Anton Kreil. I quite liked your presentation. You mentioned enlightening points about investment banks and hedge funds. But in my opinion, it would be very important for everybody, if this presentation had shown concrete evidences to prove that individual retail can earn 20% yield per year consistently. At the end, this is the central point of your lecture and the central interest of your audience. Without this proof the presentation no longer makes sense. I would be grateful if you can provide some evidences. Thx in advance.

    • @curtissorestad
      @curtissorestad 8 ปีที่แล้ว +2

      Deco L It could be 20% return on principal, and not necessarily 20% return on underlying assets via margin. ie 20% ROI w/ 30% margin req. = 6% asset return. Could be wrong.

  • @reposetion
    @reposetion 9 ปีที่แล้ว +1

    Thing is no on wants to be a trader. BANKER is where it's at.

  • @kurosaki0001000
    @kurosaki0001000 7 ปีที่แล้ว +2

    wish he gave actual technique trading advice

  • @reinplat
    @reinplat 7 ปีที่แล้ว +57

    He must be such great fun at parties.

    • @jasonblahafirearmenthusias9813
      @jasonblahafirearmenthusias9813 7 ปีที่แล้ว +42

      His parties are fun, trust me.

    • @MrTynanDraper
      @MrTynanDraper 7 ปีที่แล้ว +27

      When he puts down a 2K bar tab for everyone in the group. . it's pretty fun!

    • @sqreeze
      @sqreeze 7 ปีที่แล้ว +1

      a lot more fun than your regular corporate drone

    • @officergregorystevens5765
      @officergregorystevens5765 7 ปีที่แล้ว +5

      Who likes parties anyway...

    • @franzjoseph8752
      @franzjoseph8752 5 ปีที่แล้ว +1

      reinplat
      Oh his parties are great. And so what if he isn’t ? He’s worked so hard to get to where he is and all this wealth and success he’s got is due to that. Just jealous that he’s there and ur not ?

  • @dbsk06
    @dbsk06 3 ปีที่แล้ว

    This doesn’t cover m&a though

  • @trueblue37
    @trueblue37 3 ปีที่แล้ว

    So what if the money is there. It's just a flex. The reality is golden handcuffs.

  • @kazora1001
    @kazora1001 8 ปีที่แล้ว +1

    This dude is now in singapore? Lol

  • @spaceoddity2485
    @spaceoddity2485 10 หลายเดือนก่อน

    this guy looks like a vampire

  • @DUEXCHARLES
    @DUEXCHARLES 10 ปีที่แล้ว

    25 bps here in phils :p

  • @MrFally2009
    @MrFally2009 7 ปีที่แล้ว +2

    umm.. is it me or are JP morgan and the others scared of private investment banks lol... jealous he wasn't at my school smh

  • @DropoutMarketer
    @DropoutMarketer 3 ปีที่แล้ว

    And what you got??

  • @jamesetaylor76
    @jamesetaylor76 9 ปีที่แล้ว

    comm isn't as high as 5bp

  • @francislambert5189
    @francislambert5189 4 ปีที่แล้ว

    Any relation to Elon?

  • @rafaelmartineztomas4911
    @rafaelmartineztomas4911 8 ปีที่แล้ว +29

    The guy might be right in 99% of what he is saying, he is really serious , but he failed in the assumption than with 150k Pounds a year you cannot live in Central London. That is an insult to many humans on this planet.
    I do live in London and manage to survive with 20k (its shit life ok) but with 50k you can do it. To claim more than 150k just for "CREATING MARKET" . Come on guys, you are playing with money of others putting the money on companies whose jobs or procedures you have never seen, you have never taken a toolbox in your life and you think by wisely allocating money you can "CREATE" that much? It is just an insult, and the city of London another joke (to not to talk about tax Havens now)... Millions of hard workers are supporting you play tetris with the algorithms and their fruit of millions of hours worked...

    • @aaronyun7275
      @aaronyun7275 7 ปีที่แล้ว +6

      Or you can just keep your money or warn your friends to stay away from this particular area so you don't feel insulted. As an intern working at Sales and Trading, earning 50k pre-tax is not a lot really. I understand there are millions of ppl busting their ass just to make 45~50k or so, but it's just not that huge sums of money when it comes to banking. Also I'm not quite sure what you mean by millions of hard workers because investing banking has nothing to do with everyday life people's money....

    • @Name-lt2tz
      @Name-lt2tz 7 ปีที่แล้ว +1

      what he meant I think is that bank of moving money just earns money by doing "nothing", while hard workers who create products do something real and earn not a lot comparing to banks who just move money, especially when without risk. But its your choice - to be a worker who creates product or go to to work at bank.

    • @DavidOnaolapo
      @DavidOnaolapo 6 ปีที่แล้ว

      sounds pained, forgetting that he used earned money to get in the door and of course the above doesn't show Rafael knows a lot about how money is set up and how it works for you to enjoy the things you enjoy today..Imagine we are all savers!!!

    • @davidhuxtable8918
      @davidhuxtable8918 5 ปีที่แล้ว

      Yeh i largely agree ive lived in london had to share my accom with 156 to 550 other humans all coming from poorer nations and who stole my food or property whilst i went out to work
      I have lived in posh areas of london and rough areas
      Whatever i made came in went out again immed
      Which is antons point
      As you go up the scale even to senior chairmen ceo management levels 250k by times theyve taken on a hefty mortgage in central london paid for their kids private education lifestyle of hob nobbing it with the persons that they need to.250k pa can have a rather large dent in it its exactly same cycle as what occurs at a far lower level
      The problem is that traders arent contributors they are speculators
      Investors are contributors.but trading is all about making profits be they good or bad
      In nature!!
      Dont expect a social conscience to ever come out the markets

    • @grahambutler734
      @grahambutler734 5 ปีที่แล้ว

      I think he means a wage of 150k. So after tax your looking at 90k? Then your living close to office in canary wharf and the life style to boot including expensive suits, watches, shoes to be presentable for this line of work. In this context I assume it would be difficult.

  • @willbiddle9402
    @willbiddle9402 7 ปีที่แล้ว

    Is this what an investment banker does

    • @nosleeptosleep9143
      @nosleeptosleep9143 7 ปีที่แล้ว

      For some, yes. Although most of those who wish to work at investment banks want to work in M&A. M&A is quite different. Your time as an analyst in M&A is spent creating valuation models, creating and editing powerpoint presentations, and doing other forms of grunt work for the VPs and Associates.

  • @sharlynie2813
    @sharlynie2813 11 หลายเดือนก่อน

    Omg I wasted my life trying to figure it all out…wish I knew this soonerrr😓😓

  • @joshybloshy3943
    @joshybloshy3943 2 ปีที่แล้ว

    As a live broadcast director/producer I had to not watch this!!!

  • @morrisbean6139
    @morrisbean6139 7 ปีที่แล้ว

    In a way they were destroyed......

  • @colematthews7535
    @colematthews7535 3 ปีที่แล้ว

    Jesus

  • @mathilde2006
    @mathilde2006 4 ปีที่แล้ว

    He worked for them
    Most of his life...

  • @backupinit
    @backupinit 7 ปีที่แล้ว +5

    Apparently you need to start every sentence slowly then rattle through the end at double tempo to sound inspiring

    • @oliverb6313
      @oliverb6313 7 ปีที่แล้ว

      ahahahaha

    • @NothingMaster
      @NothingMaster 7 ปีที่แล้ว +9

      Com Truise Is that the only thing you came away with from this wonderful presentation? Jealousy is an ugly thing, even in the financial field. If you can't add to the substance of the venue, why open your mouth at all to launch a personal attack?

  • @mikeonthetube79
    @mikeonthetube79 9 ปีที่แล้ว +31

    This dude needs to do up his buttons, get some sleep, and get a hair cut.

    • @James-sv6to
      @James-sv6to 8 ปีที่แล้ว +39

      +Michael Thomas He's a trader... All he has to do is make profit.

    • @chap0syoutuification
      @chap0syoutuification 8 ปีที่แล้ว +6

      +Michael Thomas He retired at 27 apparently. But it looks like working in London knackered him.

    • @JohnDoe-jn4ex
      @JohnDoe-jn4ex 6 ปีที่แล้ว

      Michael Thomas like a boss?

  • @josephwyatt22
    @josephwyatt22 10 ปีที่แล้ว +1

    This guy was right about bitcoins!

    • @marcusd9192
      @marcusd9192 10 ปีที่แล้ว +7

      What did he say about bitcoins?

  • @Danielshenking
    @Danielshenking 7 ปีที่แล้ว

    AI will take over the jobs of traders

    • @poppapips7493
      @poppapips7493 7 ปีที่แล้ว

      Daniel Shen nope. AI can trade patterns but cant trade crazy. meaning you cant code the unknown and the unexpected. no computer will ever trade a crash...they will exasperate it

  • @kongabonga9853
    @kongabonga9853 3 ปีที่แล้ว

    i think he is a robot