How Porsche Tricked Hedge Funds out of BILLIONS
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- čas přidán 25. 06. 2024
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Porsche wanted to buy stock in Volkswagen- a little too much stock. It turns out, Porsche wanted to OWN Volkswagen! What was their plan to trick the stock market? And how did it fail?
HERE IN MY GARAGE…
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Donut Media is at the center of digital media for the next generation of automotive and motorsports enthusiasts. We are drivers, drifters, and car enthusiasts who love to tell stories. - Auta a dopravní prostředky
'My strategy is; buy quality companies, expect to hold no matter what, pay up but don’t over pay, keep track, sell rarely, be ready to course correct".
A lot of people think they should always be buying and selling something. That's a mistake. 99% of successful investing is waiting, learning, awareness/experience and getting extremely lucky with the market.
@@mayacho4910 I totally agree, although coming into the market i missed the experience part, but my current trader helped me. She turned my 40k loss, made me 70k in a month, if not for her, i can't even begin to imagine....., she actually does most of my trading, to be honest.
@@helenoliver4838 Exactly, i will never go into this market without guidance, please who is this coach that helped you, can you possibly do a referral?
@@theresagarcia1218She is a licensed fiduciary in the U.S, i work with her to trade my securities.
@@theresagarcia1218 Just look with her name online, you will be directed to her page, there you can leave your messages.
Average American company in 2008: on the verge of bankruptcy
Porsche: *s t o n k s*
bruhn’t the man!
Congrats on the heart
Haha Porsche bank account go brr
@@PresentationsGiver_llc_inc_co not today with all them goofy ev's
When you make 14 billion in "profit" but it took 13 billion in debt to do it, its no stonks.
I can’t believe that a car show explained shorts better than anyone else I’ve ever heard.
IKR!
...
I still dont understand it thugh 😂
Incorrect . Watch the Doc, Fast Bucks: How Porsche Made Billions, from 2009.
It's really not that complex. When you short, a broker lends an electronic asset (shares for example) and buys them back from you later. If the price at the moment you give them back to the broker is lower than when they lended them to you, you make a profit and they take a loss. It's a Contract For (Price) Difference where a trader or investor expects the price of an asset to drop.
@ Kazbek Abzakh .. I was saying the same thing to myself and they did it in under 13 minutes.. I mean Seriously .
agreed!
It's amazing that we've had so many episodes of wheelhouse yet every week they manage to release an episode full of stuff I had no idea happened and one thats always intriguing. Well done guys 👏👏
Porsche: *almost dies*
Qatar: come this is no place to die
Porsche.*
Isn't it funny how there can be a huge international financial crisis and still some Middle Eastern dudes can save multi-billion dollar companies with just their lunch money.
@@liveandletlive2894 yeah lets not do that..
@@liveandletlive2894 yea cuz the spanish, british and american have never done this..
@@james_chatman right..
I'm an economics student and Nolan explained it better than my teachers...
I'm an econ teacher and I'm sorry.
Bruh lol
That’s the beautiful nature of CZcams! There are millions of vids what will do a better job than your own teacher.
That's how amazing this man is
Power of educational CZcams channels
Maybe you're not asking enough questions... An entire generation of students saying their teachers didn't teach them anything seems a little fishy
This video just makes me love Porsche even more.
We should be careful on Money disposal, if you are not spending to earn or get back money,then stop spending..
Is there anyone who knows about this crypto currency trading and investment stuff? I need to get into it please..
I really wanted to trade Crypto currencies but got discouraged by the fluctuations in their price,.
The biggest factor that separates the "expert" from the beginners is knowledge investing with an expert is utilizing that knowledge and experience till you become one, smart move..
@@willsdarley3909 That won't bother you if you trade with a professional like Mr Bernado Green his strategies are really good in binary options.
@@wisdomsolomon4432 Yes I do agree with you, I trade with expert Bernado Green , came across his name in an investment magazine. His trading strategies are top notch.
"it literally can't go tits up" - famous last words
GUH
@@hectorfloresrivera6431 I love this so much, I like cars and I like stonks n shit so these jokes are the best of both worlds
It's either Porsche or salt crackers.
Porsche : tries to take over Volkswagen
Christian Wulff : So you have chosen death
Volkswagen : Death is a bit too extreme, don't you think
This video doesn't tell the whole story. Piech managed to fool everyone, and it is in fact Porsche SE who ended up controlling VW.
Ha, yep everyone under the VW umbrella gets to build a fancy car which is basically gilded VW tech these days! Same as it was in the old days, 911?, how do you like overpaying for your fancy fast 6-cylinder Beetle when you can buy a used Lamborghini or Ferrari for the same price.
@@scratchy996 It doesn't matter because VW own Porsche now.
@@anydaynow01 Key word: U s e d
Also Porsche is a lot more reliable, a lot..
@@RiasGremoryS54 As I said, most people don't know this, and this video didn't tell the whole story, but it is actually Porsche that owns Volkswagen.
Porsche SE is a holding company that includes Porsche AG - the car manufacturing company, Porsche Design - the industrial design company and Porsche Bank.
While VW has bought Porsche AG, Porsche SE ended up controlling VW.
The gun reloading sound effect when he fixed his glasses was a nice touch
Seemed like a jet flying over
I've heard many "shorting" and hedge funds explanations. This one was so well done I finally understand how it works. Thank You.
Never knew I'd learn about the stock market as well as some car history today.
AMC AMC AMC TO THE MOON
@@chrissi.enbyYT I'm broke af atm. Even I wanted to invest I don't got the cash
Watch the movie Big Short absolutely amazing movie.
Stonks
@@55Aarronneedham Yep.
So awesome.
But the short sellers were the good guys in it.
When I first started watching you guys, in the first month, I didn't even know James and Nolan were different people
what do you mean different people? they are the same person...i think you need sleep bro
Ceeeaaaaap
same
@@JapaneseSoomi Search Up "James Pumphrey" and "Nolan Sykes"
@@ethanni525 r/woooosh
Great video. This is actually one of the best examples of short welling I have seen yet. Makes it simple for people to understand.
This was the best example of shorting a share I have ever seen. Kill'n it Nolan
3:20 damn you guys explained this better than most finance professors
For real. I've tried so hard to understand shorts and squeezes but this is the first vid that actually helped.
@@steinblitz1506 Timothy Sykes/investopedia and think or swim explain it pretty well tbh Nolan wasn’t all that correct
Mostly because they explain it wrong...
what finance professors are you listening to?
Bro this isn't that complicated a concept
Something about hedge funds losing a lot of money is just so satisfying..
@@atishghosh The shortsellers who bet against the banks in 2007 or chinese fraud companies are bad too?
* a little money
Then you should be buying GME
@@MrDanielsahne You either die a villain or see yourself live long enough to become the hero
Something about arab investors being awarded shares of a german car company by the german govt. to be sold at a later date to buy weapons and fund more wars.
Love the visual storytelling animation, sound design ooft! You guys have the best editors on youtube!
Nolan's explanation of the mechanics on short-selling was excellent - concise, clear, and to the point on its implications. Thanks for doing this video!
Love to see follow-up about Dieselgate and the Takata airbag fiasco
👀
@@Donut oh my gosh it happening folks go for it nolan
@@Donut how about making an
Up to Speed on Roland Gumpert?
my car has takata airbags lol
@@Donut 69 likes? We should leave it alone.
Why did Donut explain shorts better than any stock channel I watch or any article on them?😂😂 Nolan’s just a math boi I guess
Mo numbuhs babeh!!!!
Because as someone who regularly shorts successfully he explained it very vaguely and borderline incorrectly
Stock channels don't want you to understand.
@@chelly9456 then what is short selling with out any vague economic terms
He explained it so much better than any stock channel lol.
I remember being absolutely stoked that soon every VW would technically be a Porsche.
Was kinda disappointing that it ended up being the other way around.
Well not really since Porsche AG had 50% ownership of the VW group after the merger.
Great video.This reminds of Geely buying almost 10% of Daimler. You may want to do a story on Geely. It started out making refrigerators. Now it is one of the largest auto makers in China. Geely own Volvo, Lotus, The London taxi company and 49.9% of Proton. They also have a prototype flying car called Terrafugia who rights they bought from 5 M.I.T. students who created the car.
Porsche in 2008: "I was a business man doing business"
Doing a business at the business factory.
We did a little trolling.
Stonks
Peach: I'm going to do what's called a pro gamer move
Grow fat and old in mommy's basement?
@@Not_A_Cat
Don’t be so hard on yourself bruh
@@T25de that’s what she said
This was one of the most interesting car videos ever. Great job
Excellent, excellent summary! For the life of me I couldn't wrap my mind around hedge funds and short sells. Thanks guys.
Monday is nobody's favorite day, but it is mine because Wheelhouse is my favorite Donut Media show.
Up to speed is my favorite...get to learn all kinds of fun facts
@@jdubskiwright2380 Well, yeah. Up to Speed is more history on certain vehicles or a person while Wheelhouse is questions you never knew you had about car culture. B2B is engineering and Money Pit kind of falls into the same category there. The D-List is ranking things and making list about certain vehicles based on certain subjects. Either way, Donut Media is still the best vehicle related channel.
Plus the way Nolan pushes his glasses back is so cute.
Laughs in moneypit.
holy moly, this was the best financial story video ever, AND IT WAS MADE BY A CAR CHANNEL
I legit watched that add just because of how much work they did... Love it!!
I loved this episode of Past Gas. So awesome. Underrated podcast!
This is a video about cars and has one of the best simple explanation of shorting
The team appreciates that man, thank you
Honestly the best explanation I’ve seen of shorting. The GameStop situation makes a lot more sense to me now. Thanks donut! 🤓
The crazy thing is that shorts still haven't covered for Gamestop! That huge run up in January was a gamma squeeze mixed with FOMO before the stock buy button was turned off by a number of brokers. The DTCC confirmed in a hearing the other day that no one was margin called during that period. Gamestop is still a tinderbox and has only gotten worse since January
Super interesting video. I appreciate Donut branching out into the financial/economic world of the automotive industry.
PS: Nolan's glasses shotgun reload is always welcome.
I've read this before at TTAC back in 08'. This presentation is so much more clear. Thank you!
Donut media: 12 minutes about Porsche schemes.
Some Russian blogger: full feature 2 hours of investigation and lols
link?
@@yehorzmacheichyk5336 thanks!
well there's a bit of difference in story and 12 minutes is much easier to understand, so both videos are same but different but still same)
That amazing feeling when donut makes a video on one of your favorite automotive stories
earliest ive been
this is essentially a compact version of the past gas podcast episode
Great video! I have been trying to explain this to my wife for months, after showing her several videos it took a car channels video for her to understand it!
Loved the visuals, so crisp and clear to understand. Thank you for making this.
I seriously hope you guys don't quit donut after the MOASS.
🦍🦍🦍🚀 🚀 ✋💎 ✋
wot iz dat
@@gameonyolo1 $GME Mother of All Short Squeezes
It's a farce. Don't be a bag holder
💎🙌🏼
The German's outsmarting other people with some math magic. Who can ever believe such a thing. -_-
@@J.PC.Designs ?
GME to the MOON! Gamestop shorting hasn't finished!
Hold the line!
Apes stronger together
$25 million floor 😤
Shut up 🙄 please
@@jimjam6598 You must be one of the hedgie shills
Probably Donut's most informative video yet. (at least, from a history-of standpoint, not from a "how-to") Excellent job explaining Nolan!
The Volkswagen 911 GT2
I just finished my business law class last Thursday and learned about takeovers in that class.
Been a Porsche shareholder for 2 years but never had someone explain this so well ! The more you know ! Thank you Nolan !
Wow. Thank was a great story. I'm glad it worked out in the end for Porsche and VW.
"No intention to take it over"
*takes it over*
Very reminiscent of Hitler
@@DanWhe Hitler simped for Poland.
Day 357 of asking James to do an Up to speed on his Dad
Ok
8 more days for a full year
Oh boy we close to 1year
it's time to start a countdown
Day 128 of supporting PaganiGaming
I love the market because it helped me survive for a year while I didn’t have a job. I’ll never give up on the market. And cars were the very first hobby I’ve had and loved. I love this video.
Wow this video literally exceeded my expectations such an amazing quality!
Nolan: Talks about literally ANYTHING!!
Everyone: This is AWESOME!!! We want MORE!!
I literally just listened to the Past Gas episode about this yesterday.
That’s insane!
I was searching for this comment
amazing stuff Nolan, thank you for the quality content.
The most concise explanation of a short found on a car channel, well done
try to watch a documentary about this situation. a russian guy called Асафьев Стас(same channel name) makes gresat documentaries with endlish subs.
нет там сабов, к сожалению
Cyka Blyat
Best explanation of short-selling and a short-squeeze that I’ve ever come across.
AMC is going crazy just like VW was and Donut did a better job explaining a short squeeze than most finance channels do
Yes AMC to the moon!!
This great explanation and the graphic deserved my Subs!
Shorts have not covered. The squeeze has not squoze.
BUY AND HODL
CANT STOP WONT STOP
GAMESTOP
🚀🚀🚀
😂
Buy amc
this is the way
This is the way!
Can you guys cover how the silicon chip shortages affecting automanufacturers (example -the ford pileup at the Kentucky speedway)
Yes.
Awesome video, I love listening to video talking about Hedge Funds loosing money, very satisfying.
Literally three days ago I asked myself why it's this clusterfuck with the Porsche/VW ownership, now I know it. Thanks!
there is a documentary video about it for like 2 hours described in colors. I wish you guys could see that. but in in russian...
И оно лучше)
Дык у Стасика и спёрли идею сто пудов.
One of the best explanations of shorting and squeezing I have seen on a youtube channel. And it only took them a minute or so. NOICE!
One of the best videos Donut has pumped out thus far.
This was awesome. Freakin love this show!!!
я после просмотра документалки от стаса такой: ага угум оч интересно
Yyyy
Okoooooo
Базара нет
MOASS To The Moon 🚀🚀🚀🚀
AMC BABY!!🚀🚀🚀
GME 🦍🚀
Great video explaining something that was a major public issue in Germany, where I live. Most people didn't understand the background - but they did understand that 1) this was a personal game played by some of Europe's richest men. Partly to try and get richer - but in all honesty it was more about the egos of the guys involved. Everybody wanted to screw the other guy. 2) It was shady as hell and 3) the thousands and thousands of workers at these companies didn't count for jack. EVERYBODY that was a central player in this was involved in scandal again and again - some serving jail time (for other stuff.) Ferdinand Piech finally died some time ago. It was officially from a heart attack. But this - of course - is impossible. He had no heart.
thank you so much for adding music sources at the end
This story be like:
When a Dad asks his son for rent to live at his house ONLY for the son to buy the house off his dad 😂
Porsche: You're getting acquired by me
Volkswagen: No, u
I admire the research you did to produce this idea Nolan. Thank you and I hope you do more like this. (:
Best explanation of a short I’ve seen yet, I get it now!
Chef Boyardee was a nice change of pace compared to what we normally got then...
I make Chef Boyardee at work lol and eat the hell out of it because it's so easy to make
@@adalbertosantiagopagan8738 - I can't eat Chef Pasta as it is TOO SWEET and TOO ACIDY. Blame Conagra, not Chef Hector Boiardi back then...
This situation was more complex than you indicated. An interesting fact, Porsche specially created 2 proxy companies and gave their shares to Volkswagen, so in fact Porsche still absorbed the company by creating a conglomerate. Sorry for the mistakes, I know English pretty bad.
why object to the obvious--------- that is not perspicacious but rather embarrassing of course this is a simplified version of the circumstances a detiallated treatise is unsuitable for this type of information transference,but the video presentation conveys a comprehensible and conclusive introduction for audiences of all ages and educational levels.
Comfirm If im correct, but there are two Porsche companys, the first is Porsche who sell cars and is owmed by VW and the second is an investor group which owns VW
@@user-rx9ny4yo2e yes, but they had not 2, but 3 companies. Porsche AG (manufacturer), Porsche Zwischenholding GMBH (buffer company) and Porsche Automobil Holding SE (management company). The buffer company has 100% of the manufacturer's stakes and the management company has 50.1% of the buffer company. The rest of the buffer company stakes were transferred to Volkswagen. And since the management company still held a 50.74% stake in Volkswagen, Porsche Automobil Holding SE held controlling stakes in both companies, making it the main company.
@@coffeyok8668 Yeah. Some people still think that Porsche is owned by VW, which is untrue.
I remember this but not the complete details. Thanks for filling in the important bits.
I don't know how Nolen was able to explain a 2 hour session in a 2 minute explanation. Bravo.
Last time I was this early, the 911 was still a Beetle 😂
what do you mean was? It still is and will forever be known as the Beetle. Jumped up Beetle.. lol
@@neoanderson7 Glorified Beetle
@@TyXoXX That's almost actually making it look appealing... its true though.. very glorified.. lol
The Porsche 911 had an engine borrowed from a VW Beetle, but it was different, it was an iconic high revving engine, though it's was the same air-cooled, N.A flat displacement engine. It also had a bigger litre capacity, had tons of tuning to it, and most importantly it had 2 more cylinders(flat six, instead of a flat four.). And I can somehow say that Porsche is still maintaining that legendary engine till date(though it's no more air-cooled, has modern engine updates and a turbocharger), but not Beetle. The present day Beetle's engine is completely different from the engine that we used to get in a 60's Beetle.
@@johndavidson3424 I just found it funny how they managed to branch out into 2 different entities when we all know how VW was born. During the whole explanation I don't know why they thought the heir to the brands would be "double dipping". I guess people tend to forget history very quickly.. lol
GME to the moooooon!!!!🚀🚀🚀
💎 🧤
imagine thinking GME already squeezed
Diamond hands
gme go brrrrrrrrre
Everyone I know got out of gme and went to safe moon/ doge/ and amc
Love the host and love this hedge fund porche story so much
czcams.com/video/7kWWkAsW6lQ/video.html
What a beautiful and eloquent video. It was a delight to watch
Up to Speed Passat please ❤️
Day 160 of asking for the team to design a Dirty Dirk's Blinker Drink T-shirt from the Wheelhouse: Car Terms Every Car Nerd Needs To Know
I finally understand stocks now ... this was well explained.... didn’t expect that from a car channel
This is the best explanation of short selling I have seen yet. I actually understood what he said.
Однако, Асафьеф сделал интереснее)
и к тому же на месяц раньше, может не случайно))
This is exactly what is happening to Gamestop. Except one key difference is the GME shorts STILL haven't covered their positions
Hodl.
Good explanation of how a short squeeze works, well done
This video was excellent. Explained very well!
AMC & GME repeating a squeeze! Buy this coming week!
Im like Kevin from 'The Office', as I love cars just as much as Kevin love food. I can literally learn anything if cars are involved
You're so cool haha; you're just like the office! Wow so cool and funny;
Actually Porsche created a holding company called Porsche SE which now owns 31.4% of Volkswagen group, Porsche engineering and Porsche design and Volkswagen owns Porsche that we know but the Porsche SE's management is consisted of Volkswagen's management in order for Volkswagen to remain in control.
That is one of the sickest and interesting wheelhouse shows ever .... it was just cool and informative .... thanks donut media
The whole family beef history of the piëch's and porsche's is just mind blowing
It's a German thing(and really all people everywhere thing when families start a business together). Adi and Rudi Dassler, the brother's who started Adidas, hated one another every since they where forced to share a plate of Vanillekipferl.... The brotherly battle led to a split in the sneaker giant Adidas. Rudi who had had enough, went on to pimp another sneaker brand that we all know as Puma. Probably because his brothers real first name was Adolf, Adi was the nick name.
@@Peanutdenver Once you start a business with family members, you learn how fragile family bonds really are.
if only all school classes were this easy to understand we'd all have PhDs! another great vid donut!
I did not expect one of the best explanations for a short squeeze including great infographics from Donut Media.
Thank you so much for the lesson