FinanceAndEconomics
FinanceAndEconomics
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Liquidity Risk Explained
This video is part of my series "Risk Management at Banks" and considers liquidity risk.
zhlédnutí: 1 382

Video

Bayesian vs. Frequentist Regression
zhlédnutí 289Před 3 měsíci
I want to give a short introduction into true Bayesian thinking. I hope this helps, let me know if anything is unclear or if I should elaborate on something. MUSIC: Aesthetics (pixabay.com/music/beats-aesthetics-138637/) Funky Teaser (pixabay.com/music/funk-funky-teaser-introduction-funk-background-music-intro-theme-120446/)
Solow Growth Model in 1 Minute
zhlédnutí 129Před 5 měsíci
Here is the most important insight I got from the Solow Growth Model. Let me know what you think! Source for Scale Icon: www.flaticon.com/free-icons/feasibility" title="feasibility icons" - Feasibility icons created by Design Circle - Flaticon
Piketty in 8 Minutes
zhlédnutí 356Před 5 měsíci
This is my summary of the key concepts in "Capital in the 21st Century". Picture Credits: Piketty: Gobierno de Chile, CC BY 2.0, via Wikimedia Commons
How This Guy Wants to Revolutionise Education | Interview with Friedrich Wicke
zhlédnutí 336Před 7 měsíci
Here is the link to the website of Sophia Edu Labs: sophiaedulabs.com You also find the links to the App Store and Play Store there. Thank you so much Friedrich for taking the time!
Solow Model Explained
zhlédnutí 339Před 8 měsíci
This is my attempt at explain the slow growth model. If anything is unclear, please ask!
Why 99.9% of Investment Advice is WRONG
zhlédnutí 322Před 9 měsíci
This is part 13 in my series "The DNA of Wall Street". It is a topic close to my heart :)
Renaissance Medaillon Fund ACTUAL Trading Strategies
zhlédnutí 1,1KPřed 10 měsíci
This is lesson 14 in my series "The DNA of Wall Street". MUSIC: Aesthetics (pixabay.com/music/beats-aesthetics-138637/) Funky Teaser (pixabay.com/music/funk-funky-teaser-introduction-funk-background-music-intro-theme-120446/) Galaxy Echo (pixabay.com/music/beats-galaxy-echo-140676/)
Why Sustainable Finance is FAILING
zhlédnutí 383Před 10 měsíci
This is lesson 15 in my series "The DNA of Wall Street". Tackling climate change is obviously one of the most important issues on our agenda right now, and I am happy to discuss these ideas. I just remembered one quote from Andrew Oswald that sums up my train of thought quite well: "Climate change is a behavioural science question now, not a natural science question." MUSIC: Aesthetics (pixabay...
What you SHOULD know about the CAPM
zhlédnutí 379Před 11 měsíci
I realised, I simplified the Eugene Fama Paper a bit too much. He does not test Sharpe ratios- but the alphas in the factor models. But I have not talked about factor models in this course, so if you think in terms of Sharpe ratios, this gives you perfect intuition. PAPER ON BEATING THE MARKET: Fama, Eugene F., and Kenneth R. French. "Luck versus skill in the cross‐section of mutual fund return...
The Most FAMOUS Formula in Finance | Security Market Line Explained
zhlédnutí 411Před 11 měsíci
This is lesson 11 in my series "The DNA of Wall Street". MUSIC Aesthetics (pixabay.com/music/beats-aesthetics-138637/) Funky Teaser (pixabay.com/music/funk-funky-teaser-introduction-funk-background-music-intro-theme-120446/) Galaxy Echo (pixabay.com/music/beats-galaxy-echo-140676/)
If there's one finance model you SHOULD know, it's THIS.
zhlédnutí 536Před 11 měsíci
(*) Market Portfolio and Riskless Asset When editing I realised that what I said is not quite correct. If you want to understand how the market holds RISKY assets, you should ignore the deposits, as they are as good as riskless. PAPER ON GLOBAL ASSET DISTRIBUTION Jordà, Ò., Knoll, K., Kuvshinov, D., Schularick, M. and Taylor, A.M., 2019. The rate of return on everything, 1870-2015. The Quarterl...
Decoding Stock Prices: What REALLY Drives Markets
zhlédnutí 179Před 11 měsíci
This is lesson 9 in my series "The DNA of Wall Street". I cover: 1. No Arbitrage Pricing 2. Equilibrium Pricing MUSIC: Aesthetics (pixabay.com/music/beats-aesthetics-138637/) Funky Teaser (pixabay.com/music/funk-funky-teaser-introduction-funk-background-music-intro-theme-120446/) Galaxy Echo (pixabay.com/music/beats-galaxy-echo-140676/) IMAGES: Microsoft Logo: blogs.microsoft.com/wp-content/upl...
The Most POWERFUL Model in Economics | Equilibrium Explained
zhlédnutí 329Před 11 měsíci
This is lesson 8 in my course "The DNA of Wall Street". SOURCES: Carbon Pricing Paper: MacKay, David JC, et al. "Price carbon-I will if you will." Nature 526.7573 (2015): 315-316. MUSIC: Aesthetics (pixabay.com/music/beats-aesthetics-138637/) Funky Teaser (pixabay.com/music/funk-funky-teaser-introduction-funk-background-music-intro-theme-120446/) Galaxy Echo (pixabay.com/music/beats-galaxy-echo...
Banking, Simply Explained
zhlédnutí 366Před 11 měsíci
Banking, Simply Explained
What the World's RICHEST Investor is Doing.
zhlédnutí 274Před rokem
What the World's RICHEST Investor is Doing.
The Nobel Prize Portfolio (2/2) | Mean-Variance Analysis
zhlédnutí 327Před rokem
The Nobel Prize Portfolio (2/2) | Mean-Variance Analysis
The Nobel Prize Portfolio (1/2) | Mean-Variance Analysis
zhlédnutí 444Před rokem
The Nobel Prize Portfolio (1/2) | Mean-Variance Analysis
The Mind of a Professional Investor
zhlédnutí 681Před rokem
The Mind of a Professional Investor
Modigliani Miller | Nobel Price Model Explained
zhlédnutí 6KPřed rokem
Modigliani Miller | Nobel Price Model Explained
Stocks vs. Bonds Clearly Explained
zhlédnutí 584Před rokem
Stocks vs. Bonds Clearly Explained
The DNA of Wall Street | Full Finance Course
zhlédnutí 2KPřed rokem
The DNA of Wall Street | Full Finance Course
How I Study | Top 0.2% Student
zhlédnutí 928Před rokem
How I Study | Top 0.2% Student
Bayesian Shrinkage Explained
zhlédnutí 1,6KPřed rokem
Bayesian Shrinkage Explained
GMM (Generalized Method of Moments) Explained
zhlédnutí 8KPřed rokem
GMM (Generalized Method of Moments) Explained
Fuzzy Regression Discontinuity (RD) Explained
zhlédnutí 4KPřed rokem
Fuzzy Regression Discontinuity (RD) Explained
VIX Index Explained
zhlédnutí 372Před rokem
VIX Index Explained
Why did Silicon Valley Bank Fail?
zhlédnutí 4,4KPřed rokem
Why did Silicon Valley Bank Fail?
Options Explained
zhlédnutí 354Před rokem
Options Explained
Call Option Explained
zhlédnutí 2,2KPřed rokem
Call Option Explained

Komentáře

  • @bill35973
    @bill35973 Před 4 dny

    What was the previous video?

  • @marcobaccichetto7204

    Brutal video. Congratulations!

  • @badrelhamzaoui3560
    @badrelhamzaoui3560 Před 8 dny

    Its MEH by fama and french

  • @quyetnguyen8527
    @quyetnguyen8527 Před 9 dny

    great!

  • @adwayjha1549
    @adwayjha1549 Před 12 dny

    great explanation

  • @hakimbeldjoudi2818
    @hakimbeldjoudi2818 Před 19 dny

    Totally wrong, you confused Taylor's development with calculating the differential of a function over a domain? df(x) = f'(t).dx + (1/2)f''(t)(dx^2) ?? that's not even remotely close to being correct: df(x) = f'(t).d(x) and that's it, it's also just writing system equivalence that holds true by definition, you're confusing more than helping with this video.

    • @FinAndEcon
      @FinAndEcon Před 19 dny

      Thanks for the comment. I know that the formulas spelled out are correct - they are taken from popular finance textbooks and the MIT Lecture on the topic. And the Taylor expansion analogy is from my finance professor who has a math degree. So I am quite convinced this is not totally incorrect.

  • @rychardo888
    @rychardo888 Před 22 dny

    very good and easy explanation good job

  • @FanVivian-n9l
    @FanVivian-n9l Před 24 dny

    brain,please,these information deserve your energy

  • @girishpai4538
    @girishpai4538 Před 28 dny

    In case of ROCE M+M theory does not give significant impact although the ROE has a big impact on the Returns made by the investment. through the choice of investment.

  • @sasan2059
    @sasan2059 Před 28 dny

    Can you make a video about treasury department and its role?

  • @asrieljhirad
    @asrieljhirad Před měsícem

    Wonderful video! Such a clear way of explaining

  • @Markus-um1lk
    @Markus-um1lk Před měsícem

    Great video! But what do I miss? I get that the capitalstructure is irrelevant regarding EBIT but it can not be true for ROE - even if you do not consider deductables and taxes?! If you see it from an accounting/reporting perspective where equity is a residual size and (last-ranking in the event of liquidation ) compared to debt, which is always served first. There are always some provision for debt equity but never for equity. Also: Anyone who has ever recognized goodwill in a business transaction, knows that it is significantly influenced by the debt capital acquired. Thanks for a reply :)

  • @Ash-vu5vo
    @Ash-vu5vo Před měsícem

    At 2:56, “doesn’t depend on an ordinary variable x but Brownian motion Zt”. Umm… whyyy?? Feels like there is a conceptual leap between df(x) and df(Zt), that needs more context - what is this new f? Does it transform the stochastic process into a new stochastic process? If so, what’s the point of doing that, what purpose does it serve? Determinism, class of random variables, differentiability, so much conceptual context needed. Not to mention you haven’t actually stated what the lemma is. But ofc, no one questions any of this.

  • @tomasborralho7460
    @tomasborralho7460 Před měsícem

    best content for rookie bankers like myself, ty so much

  • @cryptogirlusa
    @cryptogirlusa Před měsícem

    Very interesting! It seems that every strategy has a capital range at which it doesn’t work anymore

  • @cryptogirlusa
    @cryptogirlusa Před měsícem

    Thank you so much for making this video! I absolutely love everything that has to do with derivatives, Black Scholes and financial contacts. I have been watching all your other videos as well, you’re doing an amazing job! Keep it up! Thank you so much!!!!

  • @JanCRT
    @JanCRT Před měsícem

    Great video!!

  • @victorurbina8186
    @victorurbina8186 Před měsícem

    If tomorrow I get a good grade would be bc of u thx so much

  • @cyberpunkalphamale
    @cyberpunkalphamale Před měsícem

    Skew is delicious

  • @cyberpunkalphamale
    @cyberpunkalphamale Před měsícem

    We call them Pumpementals

  • @desmondcampbell9358
    @desmondcampbell9358 Před měsícem

    Thanks. I had no idea looking at the original econometrics papers what was going on.

  • @elishemaks
    @elishemaks Před 2 měsíci

    Hey, I would like to ask. Is the expected value (EV) perspective you mentioned here the same as the Economic Value of Equity (EVE) perspective?

  • @partyboat123
    @partyboat123 Před 2 měsíci

    Could you go over the second pillar of Liquidity gap analysis? Great video!!!

  • @justins5756
    @justins5756 Před 2 měsíci

    Nice

  • @kingdoggie5231
    @kingdoggie5231 Před 2 měsíci

    By far one of the best explanations on CZcams I could find. You should consider teacher this to university students.

  • @dixztube
    @dixztube Před 2 měsíci

    aren't most of these models wrong - i'm reading a book by thaler (misbehavior) he didn't have the most flattering comments for miller and his ideas (seem stuck in old school U of C group think). i'm not a finance or econ guy (computer) so i probably have no idea what i'm talking about

    • @FinAndEcon
      @FinAndEcon Před 2 měsíci

      You may have heard the saying: All models are wrong, but some are useful. These models try to explain what is going on on financial markets. Because there is so much going on at the same time and these marketsts are so complex, there is no hope of explaining everything. But these famous models capture one of the large channels that move the leverage decision of companies - in that sense they are quite useful in explaining SOME of what is going on.

  • @user-wr4yl7tx3w
    @user-wr4yl7tx3w Před 2 měsíci

    Can you explain the connection between GMM and OLS

  • @user-wr4yl7tx3w
    @user-wr4yl7tx3w Před 2 měsíci

    Really well explained. Thank you

  • @JuhoKim-qg1tk
    @JuhoKim-qg1tk Před 2 měsíci

    my professor needs to see this video

  • @AnlMeydan
    @AnlMeydan Před 2 měsíci

    Hello, thank you for the great video. I'm curious about this; if the intervention group consists of a large number of people and it's difficult to regulate the control group, can we still apply the synthetic control method? Or is there a possibility of obtaining unhealthy results?

    • @FinAndEcon
      @FinAndEcon Před 2 měsíci

      Yes you can, you would just make a separate synthetic control for every person in the intervention group,

  • @fabianchacon568
    @fabianchacon568 Před 2 měsíci

    Excellent video, I would like to see more videos of this type

  • @Rnankn
    @Rnankn Před 2 měsíci

    Economic growth, both scale and speed, exceed the carry capacity of the planet, and the rate at which nature regenerates. Financial capital creates more money by issuing debt, at which point it does not create the interest. So there is simultaneously never enough money and too much debt. More economic activity is required to attempt to pay debt, which means the poor and indebted must convert more of nature and resources into commodities. Production, consumption and disposal. Yet, the ever growing pools of money are claims on future resources which exceeds their ever diminishing supply. Depletion and supply constraints should cause money to lose value, but interest rates are adjusted to increase the cost of capital and therefore on a relative basis devalue nature and people - thus preserving the value of capital and saving capitalism. And as the wealthy realize their money exceeds the supply of resources, they purchase all of the assets, and rely on a system of debt bondage and rent seeking to maintain their lifestyles. As feudalism returns, human civilization enters a new dark ages on a dying, increasingly uninhabitable planet.

    • @FinAndEcon
      @FinAndEcon Před 2 měsíci

      I do not agree fully. Think about this: Not all economic activity is bad for the planet (e.g. planting trees).

  • @anthonyshula364
    @anthonyshula364 Před 3 měsíci

    but what is the implication of the variance or standard deviation for that matter? if i find a variance of X what does this mean? what is the significance or interpretation of this?

  • @kimchi_taco
    @kimchi_taco Před 3 měsíci

    Best ito lemma explanation I've ever listened.

  • @jorgeqveloso
    @jorgeqveloso Před 3 měsíci

    Really good explanation. Thank you.

  • @AiaDK
    @AiaDK Před 3 měsíci

    Thank you very much for this series!!! I really appreciate how you explained everything step by step! Could you please also explain American option and Heston model? I really struggle understanding those two....

  • @kyriakosgazis8182
    @kyriakosgazis8182 Před 3 měsíci

    Excellent video, keep on doing videos like this.

  • @yousefhashem2743
    @yousefhashem2743 Před 3 měsíci

    Great job with these videos. Helped me greatly!

  • @bennetluccafeld8718
    @bennetluccafeld8718 Před 3 měsíci

    cool! I was waiting for something like this.

  • @IkerCasilliasrocks
    @IkerCasilliasrocks Před 3 měsíci

    This was a great video. Happy to have learned something new: the sewage bacteria/ pharmaceuticalstocks trading idea .Still not convinced when you said satellite trading ideas are exhausted, as we have more precise imaging now than ever, and AI that can scan and analyze with great accuracy; but yeah probably a creative out of the box approach is needed to make use of this abundance of data.

  • @tsurotafadzwachikari4039
    @tsurotafadzwachikari4039 Před 3 měsíci

    Thank you for the video. I would like to understand the Itos Lemma and Brownian Motion. Any videos that can take me through, its for the financial engineering class under stochastic and optimisation in finance so would @ like something finance related but handy

  • @xilongli821
    @xilongli821 Před 3 měsíci

    OMG you are a treasure! I am so glad that I found your videos and you explained so well!

  • @eliazonta7235
    @eliazonta7235 Před 3 měsíci

    great video but I have a doubt: in the risk-neutral pricing you are calculating pi*1 based on a price value (9.1) given in the risky pricing. this actually brings us to the same conclusion but you are assuming the risky pricing is already computed. I mean you are pricing in "risk neutral" using a value from risky pricing ain't you?

    • @FinAndEcon
      @FinAndEcon Před 3 měsíci

      Great spot. Yeah, I just made up the "risky" discount rate without an in-depth explanation on how to obtain it. I did not want to elaborate on that, because it can be quite complex (in simple models, the risky discount rate comes e.g. from the capital asset pricing model.)

    • @eliazonta7235
      @eliazonta7235 Před 3 měsíci

      ​@@FinAndEcon ooh thanks, I thought I was missing something or misunderstood something. would you recommend any books or resources to dive deep further in this topics ? many thanks

  • @lolalila-fh3zu
    @lolalila-fh3zu Před 3 měsíci

    Can you recommend any papers regarding this topic ? :)

    • @FinAndEcon
      @FinAndEcon Před 3 měsíci

      Maybe look at this for a start: Gabaix, Xavier. "A behavioral New Keynesian model." American Economic Review 110.8 (2020): 2271-2327.

  • @Josh-lf8qi
    @Josh-lf8qi Před 3 měsíci

    please make a separate video on risk discount rate

  • @dilinijayasinghe8134
    @dilinijayasinghe8134 Před 3 měsíci

    Please do a video on convergence in probability and convergence in distribution, if possible covering chebyshev's inequality etc. It would be very helpful. Thanks!

  • @tata7lato
    @tata7lato Před 3 měsíci

    Thank u so much, u have managed to turn a very difficult concept into an easy one for beginners

  • @user-wr4yl7tx3w
    @user-wr4yl7tx3w Před 3 měsíci

    If you have a simple example illustrating the exact steps in calculation, that would be really helpful. May be an idea for a video.

  • @user-ob7fo5gp9l
    @user-ob7fo5gp9l Před 3 měsíci

    i've never seen anyone write 1 like that

  • @user-wr4yl7tx3w
    @user-wr4yl7tx3w Před 3 měsíci

    But isn’t the counterfactual only as good as your construction of your model of synthetic control?