How Money Works

Porsche is a Hedge Fund That (Sometimes) Makes Cars - How Money WorksEnjoy high quality publications in audio by using this link to get 1-month FREE of NOA. Https://bit.ly/3KrES1CSign up for my newsletter https://compoundeddaily.com 👈 ___Link to the history video https://www.youtube.com/watch?v=FiR5hdXZv3AWhen 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 #howmoneyworksEdited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupAll 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/@HowMoneyWorksDisclaimer: 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.------------ Learn more about your ad choices. Visit megaphone.fm/adchoices

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/howmoneyworksSign up for my FREE newsletter! - https://www.compoundeddaily.com/Support me on Patreon - https://www.patreon.com/HowMoneyWorksMy Other Channel: @howhistoryworksEdited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupSign 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/@HowMoneyWorksDisclaimer: 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.----------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

How The Big Short Actually WorkedGet 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/howmoneyworksSign 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 GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupAll 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/@HowMoneyWorksDisclaimer: 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.----------- Learn more about your ad choices. Visit megaphone.fm/adchoices

The Predatory Monetization of Video Games - How Money WorksThank 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/mbhowmoneyworks2Morning 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/8MeNJ7gfSRMusic by Epidemic SoundStock footage by StoryblocksFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: 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.--------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Fraud Has Cost You Your Financial FutureClick here https://bit.ly/HELLOMONEYDEC and get 65% off with my code HELLOMONEY if you’re in the US but wherever you’re watching from you will also get a very special discount as it’s valid internationally!Sign up for my newsletter https://compoundeddaily.com 👈 ----- With the collapse of FTX, the conviction of Elizabeth Holmes and the widespread rejection of everything NFT all happening within the space of a month, financial fraud is once again big news, and it should be because it is costing you your financial future.This is not your imagination either, incidents of identity theft, wire fraud, investment scams, pump and dumps, Ponzi schemes, phishing attacks, and sophisticated hacks are all at all time highs.Fraud cost Americans a total of 5.8 BILLION dollars in 2021, and most trackers suggest that number will be even greater this year.these stories can be easy to ignore because the victims of these crimes often had to, frankly, be pretty stupid and financially illiterate to get caught up in them.Anybody who has been anywhere near the internet in the last 20 years should know by now you don’t send money to Nigerian princes with yahoo email accounts or corporate executives playing league of legends during an investor meeting.It’s all pretty common-sense stuff, and you might then incorrectly assume that the rise in fraud is of no concern to you.When you really think about it that 5.8 Billion dollar figure sounds bad, until you work out that that’s only $17.50 per American for an entire year, not to flex too hard but I have spent more on a Starbucks coffee before.It’s hard to see how such a small cost could be doing something as severe as costing young Americans their financial futures, but it is.So it’s time to learn How Money Works, to find out why you really need to start taking stories about fraud personally, even if you never think that you would be dumb enough to fall for these schemes yourself.#fraud #finance #businessEdited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupAll 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/@HowMoneyWorksDisclaimer: 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.------------ Learn more about your ad choices. Visit megaphone.fm/adchoices

Has America Drowned Itself In "Luxury" Housing?To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription.Sign up for our FREE newsletter! - https://www.compoundeddaily.com/Books we recommend - https://howmoneyworkslibrary.com/My Other Channel: @HowMoneyWorksUncut @HowHistoryWorksEdited By: Svibe Multimedia StudioMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty Images📩 Business Inquiries ➡️ sponsors@worksmedia.groupSign up for our 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.#housingmarket #realestate #moneySo the solution to the problem of unaffordable housing seems so simple right? Just build more houses! Well we have been… New construction is approaching the highest rate it has been since the 2008 crash, and that's DESPITE record high construction costs that came about because of disrupted supply chains. The problem has been… if we were building the right KIND of housing. As costs rose and margins shrank, the only kind of property that remained profitable to build was LUXURY property… and now we have found ourselves in a strange situation… We might have too many houses. Now I know what you’re thinking, sounds great right? Wrong! Despite all of this new development, we are still short about 4 million homes by most estimates, and if developers can’t sell the “luxury” homes they have already built, it’s much less likely they will build the other homes we actually need.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: 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.---------------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Why Corporate America Is Obsessed With "Company Culture"The first 100 people to use code MONEY with the link below will get 60% off of Incogni: http://incogni.com/moneySign up for my newsletter https://compoundeddaily.com 👈Edited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupAll 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.#business #howmoneyworks #corporatecultureCorporate America has become obsessed with company culture but those Friday afternoon drinks and team building days are papering over a terrible trend which is making your workplace miserable and stalling your career. Company culture is one of the biggest trends in corporate management.Small companies with as few as twenty employees are hiring culture managers whose full-time job is to promote a collaborative and positive work environment. These are full time employee that from a bottom-line business perspective do nothing but make the other nineteen employees more engaged with their work. According to a survey of job seekers and hiring managers conducted by Robert Half a workforce analytics firm, ninety one percent of managers said that a candidates fit with the organizational culture was more important than their skills and experience.Hilariously a PWC survey on company culture found that sixty nine percent of companies believed their culture gave them a competitive edge… presumably over the thirty one percent of companies that realized that an office doesn’t need a ping pong table and kombucha on tap to be a nice place to work. Managing corporate culture is expensive, corporate culture managers are earning an average salary package of one hundred and ten thousand dollars a year according to GlassDoor. Direct salary expenses also don’t capture the additional costs of running culture events, and the lost manhours in the name of team building.It’s a big investment and one that is not paying off.If corporate culture is starting to sound less like an annoying business buzzword and more like a horrifying trend that was only the first reason out of four.So, it’s time to learn How Money Works to find out why corporate America has become obsessed with company culture.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: 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.------------------------------ Learn more about your ad choices. Visit megaphone.fm/adchoices

If You Want To Be a CEO Become An Engineer First - How Money WorksThank you Helix for sponsoring! Visit https://helixsleep.com/howmoneyworks to get up to $200 off your Helix mattress, plus two free pillows #helixsleepSign up for my newsletter https://compoundeddaily.com 👈 ----- Tim Cook the CEO of apple was awarded 853 MILLION dollars in total compensation for his work in 2021.Mr Tim Apple wasn’t even the biggest earner last year, Rivians CEO Robert Scaringe took home two point three billion dollars in compensation and the one and only Elon Musk was awarded more than ten billion dollars in Tesla Options.Perhaps these two are a little more deserving because they were the founders or very early personal investors in highly risky companies utilising unproven technology. But most CEO’s didn’t take such personal risk and many are still enjoying nine figure salaries.This isn’t another video to complain about how unfair it is that the average fortune 500 CEO now earning more than 324 times the median employee at their company, we have heard it all before and it doesn’t look like its going to change any time soon no matter how much the internet complains about it.Now would be a good time to remember the age old anecdote, if you can’t beat them, join them.So it’s time to learn How Money Works and get yourself a step by step guide on landing a job as an egregiously overcompensated corporate fat cat CEO#howmoneyworks #ceoEdited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupAll 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/@HowMoneyWorksDisclaimer: 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.--------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Why Do Rich Americans Live 10 Years Longer Than Poor Americans? - No It's Not Healthcare...Sign up for my newsletter https://compoundeddaily.com 👈Why do rich people live longer than poor people?It might sound like a silly question that you already know the answer to.“Oh they have better access to healthcare” right?Well no… That’s NOT the biggest factor in places like the united states, Canada, Europe and most developed Asian countries.Instead there is something more going on here that is less obvious than rich people get treated for all of their illnesses while poor people do not.Now this is a big deal, multiple studies have found that wealthiest 10% of people in these developed countries live around an extra 10 years more than their less wealthy peers.What’s more is that they remain disability free for eight to nine years longer than their peers, which means not only are they living longer, they are living better lives.Now this might sound like a uniquely American issue bit the same top 10% rule has been found to apply to other countries too. Chile is a much poorer country than the United States, but it has a longer life expectancy. That life expectancy is further stretched out by around a decade in the top 10% of wealthiest citizens, so absolute wealth and access to resources isn’t the key factor here.With talks about retirement ages being pushed back further and further this little statistical anomaly should be something we are all paying very close attention to, because it’s actually something we can learn a lot from.So it’s time to learn how money works to find out how it can be used to keep you living your best life for an extra decade. A special thanks as always to my channel members and supporters on patreon for making these slightly more controversial video’s possible. "___________________________________________________________________________Link to my brand new Patreon 👉 https://www.patreon.com/HowMoneyWorks ❤️ ___________________________________________________________________________#HowMoneyWorks #Economics #Wealth___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic Sound___________________________________________________________________________Articles Discussed- https://core.ac.uk/download/pdf/71356246.pdf- https://academic.oup.com/biomedgerontology/article/75/5/906/5698372- https://youtu.be/eYG0ZuTv5rsFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: 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.----------------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Why Are YouTube Ads Full Of Scams? - How Money WorksFor 65% off with HelloFresh plus FREE shipping, use code HMW65 at https://bit.ly/3RL4SaESign up for my newsletter https://compoundeddaily.com 👈 -----AdSense through Google, (which also services YouTube) is the biggest advertising service on the planet a title it has held for over a decade. According to the companies 2020 filings they generated 147 billion dollars in revenue from online advertising.This included everything from banners on websites to the ad that you watched before this video started. It’s a great business model and it finances the free google powered services that we all take for granted, I mean who here pays for their personal email?But there is a problem with these ads that is very different from what you might see on traditional television, or on the radio, or in a newspaper (if you are still old school enough to read those).Ads on YouTube just seem to be full of scams.I wasn’t sure if this was just me, but a recent community poll revealed I am not alone, and I wanted to figure out why.Whether its some hustle bro telling you how you can make a million dollars a month by day trading, or a mobile game ad that is showing gameplay that looks literally nothing like the game itself, its all very questionable.So it’s time to learn How Money Works#business #finance #howmoneyworksEdited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupAll 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/@HowMoneyWorksDisclaimer: 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.------------------------------------ Learn more about your ad choices. Visit megaphone.fm/adchoices