Whiteboard Hedge funds
Paddy as a fellow Irish man currently doing a Masters in Computational Finance; I find these videos fantastic. Its great to see an Irish guy doing so well amonst all the current gloom at home. Well done on your concise and informative videos.
Way to go Paddy! Great explanations! Simple and easy to understand. Please keep these coming. You are really adding value to those of us who are in the financial reporting business.
Paddy-Brilliant ! Your concise delivery, extreme wit and wonderful balance of teaching without talking down to the audience or allowing for any show of arrogance is refreshing. It gives me hope for the future of media and the Internet. Just when I thought Marketplace was impressive......Way to go Folks !!
paddy hirsch why dont u try ur hand at teaching wall street ppl...... they really need some of it.
Very good explanation. Couple of questions I have always wondered about..(a) why would banks provide such a high leverage to Hedge Funds? What guarantees they have now that we know about some astronomical collapses of Hedge Funds in recent past (LTCM)??
(b) Why all the secrecy in what the hedge funds are buying and selling? If we require Mutual Funds to make all the disclosures, why not hedge funds?
I am sure geniuses at SEC/Congress are asking these questions in hind sight, however why not start now so that we can start to clean up this magical mess. As you have explained so superbly, the amalgamation of rich (aka accredited) people's money plus leverage creates vast concentrations of funds that can sink few select positions that they are holding in a hurry.
Great, informative stuff. Double plus that Paddy Hirsch is a fox. Thanks for the brain/eye candy! ;)
Money is created "out of thin air" by the Federal Reserve. When Paddy talks about the FED buying the Treasury, that is called monetizing the debt. Potentially very inflationary.
Would you be kind enough to explain in detail, what do we use for money? How is money created? Who can create money? How do money get into circulation so that I can use it.
I work in the financial industry providing explanations to financial advisors like the ones found here. I just want to say how much I appreciate the concise and straight-forward explanations that even help some one like me understand the core concepts better and how to explain them.
I am studying financial translation and I have to say I am a huge fan of your videos. I think they are fantastically helpful for understanding such complex concepts. Keep up the great work!
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