Thanks. I think even though I understood, people who are studying it for the first time won't be able to understand this. Thanks for the helpful video :)
@yusufbd16 жыл бұрын
nicely explained!
@bionicturtle16 жыл бұрын
Just teasing. I don't disagree. Those who should be shamed, not taking a fiduciary seriously in the first place, don't know shame, unless forced by law, as you say. Credit derivatives are *not* bad, even the synthetics. They have a valuable role. The folks pushing these around, in many cases, were salespeople without concern for details. The CFP isn't the CFA; most CFAs (that i know) were not distracted here; e.g., they don't take agency ratings as the last word.
@abhinavitsmebellamy5 жыл бұрын
Great video. Thanks!!
@jasonyoon49103 жыл бұрын
So, what is the difference between Loan and Bond. Are they the same thing?
@Theseasonedloser Жыл бұрын
How can I contact you
@thekotecha14 жыл бұрын
as always this is excellent.. between david harper and paddy hirsch who needs a formal education :P
@Geotubest15 жыл бұрын
It does seem that people today want to slam anyone involved in credit derivatives. Credit derivatives have their place, but people got too cocky with them and bought into too many assumptions (eg. real estate prices will keep going up; low correlation assumptions; etc). How this market was not regulated in the first place is the same type of group think phenomena that led the US into the Iraq War.
@harambeinhumanform3 жыл бұрын
The older the wiser
@bionicturtle16 жыл бұрын
thanks that's helpful. Probably all true, except the humble part ;)