How The Big Short Actually Worked | How Money Works

Your Job Achieves Nothing... (probably) - How Money Works | How Money Works

Your Job Achieves Nothing... (probably) - How Money Works Sign up for my newsletter http://compoundeddaily.com 👈 In the last century service jobs have gone from representing less than a quarter of all jobs to now representing nearly 80% of workers. Now when we think of service jobs we think of people serving us coffee, finding a pair of pants from out the back, or carrying bags to our hotel room. Sure they might be an unnecessary luxury for the people using these services but it’s still pretty easy to see that they do produce value, be it in the form of a nice cup of coffee, a flash new outfit, or promptly delivered luggage (without the need for a physio appointment the next day) But you see the thing is the service sector is far more broad than the name implies it encompasses everybody from call center salespeople to CEO’s. In fact it is quiet difficult these days to find a job outside of the service sector specifically because those roles require special certifications, remember that for later because it is important. But the growth of the self-serving service sector, and the subsequent rise in bull jobs that came with it seems a bit odd. Surely the efficient free market would weed out these individuals that are contributing nothing, punishing the companies that bear their salary expenses while rewarding the more efficient organizations that do without them… right? #Careers #MyJobSucks #HowMoneyWorks Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ------------------ ---------- Keywords: investment strategies, ai bubble, private equity, economy podcast, market crash Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Porsche is a Hedge Fund That (Sometimes) Makes Cars - How Money Works | How Money Works

Porsche is a Hedge Fund That (Sometimes) Makes Cars - How Money Works Enjoy high quality publications in audio by using this link to get 1-month FREE of NOA. Https://bit.ly/3KrES1C Sign up for my newsletter https://compoundeddaily.com 👈 ___ Link to the history video https://www.youtube.com/watch?v=FiR5hdXZv3A When you think of Porsche you probably think of fast cars, and finance bros. Porsche's are expensive but decidedly less flashy than their Italian rivals so they do well with the people that want an expensive sports car but don’t want to explain what they do for a living every time they stop t a gas station. What you might not know is that Porsche and the finance bro’s that enjoy the fast cars they make have more than a producer customer relationship. Porsche is itself, effectively an investment firm that happens to occasionally make cars on the side. If you weren’t confused already, Porsche Automobiles is owned by the Volkswagen group, the company that makes the golf and the beetle, but the Volkswagen group, is owned, by Porsche. You can also buy shares in Porsche, as well as Volkswagen because they are both public companies listed on the Frankfurt stock exchange, however, Volkswagen has announced plans to take Porsche public at the end of the year, even though it already is a public company. This corporate mess is only where the weirdness begins, because besides making cars Porsche has investments in companies that make commercial 3D printers, laser systems, and satellite launch platforms. #business #finance #howmoneyworks Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - -------------------- ----- Keywords: economic education, mortgage crisis, personal finance, debt crisis Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

The Simple Solution To Financial Fraud... But... | How Money Works

The Simple Solution To Financial Fraud... But... Upgrade the way you learn with Brilliant! To get started for FREE go to http://www.brilliant.org/howmoneyworks Sign up for my FREE newsletter! - https://www.compoundeddaily.com/ Support me on Patreon - https://www.patreon.com/HowMoneyWorks My Other Channel: @howhistoryworks Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group Sign up for my newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. Banking has a fraud problem, that’s not new, and it costs clients billions of dollars every year. We are all so used to this now that it’s not even shocking anymore but there is now a simple solution that can eliminate this problem while actually saving the banks money. However, banking executives want you to forget about this solution as quickly as possible or just convince you that it won’t work. Regular viewers of the channel will know I hate dragging out the answer to a simple question for the sake of watch time, so the solution is just to force bankers to work from home, where they actually have less oversight from managers and authorities. A recent study by the European Journal of Financial Management found that FIVE TIMES less likely to engage in financial misconduct when working from home. There are two reasons why this works so well and three infuriating reasons why executives won’t let it happen. The first reason is simply because everything done from home goes on a digital record. In America banks are not allowed to delete most records for five years, and that’s not just financial transactions and signed contracts, it also includes internal files like emails, meeting minutes and instant chat messages between employees. A billion dollars lawsuit was recently settled with major banks that didn’t put effective measures in place to stop their employees’ sending messages via encrypted messaging platforms like WhatsApp that don’t leave the required records. There was no way to tell if these bankers were talking about their plans for the weekend or conspiring on an insider trading scheme. Laws vary in other countries but there is always one record that’s impossible to keep track of and that is in person conversations. There are three types of conversations that happen in banks with alarming frequency that make this a serious problem. So it’s time to learn How Money Works to find out how we found a simple solution to fraud and why we are going to pretend it doesn’t exist. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ------- ------- Keywords: debt crisis, mortgage crisis, inflation explained Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

How The Big Short Actually Worked | How Money Works

How The Big Short Actually Worked Get 25% off Blinkist premium and enjoy 2 memberships for the price of 1! Start your 7-day free trial by clicking here: https://www.blinkist.com/howmoneyworks Sign up for my newsletter https://compoundeddaily.com 👈 -------- The Big Short with it’s all star cast recounts the events of three groups of traders that bet against the housing market in the years before the sub prime mortgage crisis that would eventually result in the failure of key financial institutions. The Big Short is unique as a high budget Hollywood production that actually takes the time to properly portray the way that finance really worked behind the scenes and uses financial events to progress the plot rather than focusing on wild parties, sports cars and sexy ladies like some other movies that took a very different approach to storytelling. Similarly to the Wolf of Wall Street, the big short is a move based off a book only the wolf of wall street was an autobiography written by Jordan Belfort himself and The Big Short: Inside The Doomsday Machine, was a standard non-fiction title that described the role of several players in the creation of the credit default market betting against the American housing market. The Big Short was written by Michael Lewis, a veteran financial journalist and the book really does read like a 320-page financial article, in that it’s very information dense but also very well researched and verified. For this video we will only be looking at the players that are in the movie, but the book does go into detail on some people that were either entirely cut from the film or merged into other characters to make the movie entertaining to a broader audience. Unfortunately, in the process of making it appealing as possible to cinema goers the movie did cut out some very important details, and also just straight up got some things wrong. So, it’s time to lean How Money Works and give you guys the investment banker’s insight into what really happened in the Big Short. #thebigshort #investing #finance ------- Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ------------------------------ --- Keywords: hedge funds, gig economy, investing basics Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

The Predatory Monetization of Video Games - How Money Works | How Money Works

The Predatory Monetization of Video Games - How Money Works Thank you to Morning Brew for being my first ever video sponsor. Anybody who has watched my channel for some time knows that I will only work with brands I personally use myself. It's completely free so there is no reason not to check it out at - https://bit.ly/mbhowmoneyworks2 Morning Brew has been the inspiration for many of my video's so if you enjoy my content you will love theirs. Sign up for my newsletter https://compoundeddaily.com 👈 ___________________________________________________________________________ Video game developers are companies with a profit motive and in many instances shareholders who they need to keep happy. Selling a game once is great but it means there is a set amount of money that can be made from a set market of games. Exceptions do exist, somehow I have managed to buy Skyrim for the PS3, PS4 and PC, but I don’t like to talk about it. The problem here is that some people are only willing to spend $20 a month on video games where other people are happy to spend thousands. The only way to truly maximise profits is to get every possible gamer to pay the maximum possible amount that they are individually willing to pay for a game. #HowMoneyWorks #MicroTransactions #Monetization ___________________________________________________________________________ Link to my brand new Patreon 👉 https://www.patreon.com/HowMoneyWorks ❤️ ___________________________________________________________________________ Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSR Music by Epidemic Sound Stock footage by Storyblocks Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ----------- --------- Keywords: money podcast, financial literacy, financial planning Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]